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Algerian firm signs $300mn farming deal

    ALGIERS / Reuters An Algerian company has signed a deal with a US group to set up agricultural projects worth $300 million in the North African country as it seeks to reduce dependence on imports, Algeria’s agriculture ministry said. Under the deal, privately-owned Algerian dairy company Tifralait and the American International Agriculture Group (AIAG) will set up a ...

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EON, RWE avoid N-tax cuts supply as demand peaks

  Bloomberg EON SE and RWE AG delayed the refueling of some reactors to this winter to avoid paying a tax that has cost them billions of euros in the past, damping supply just as cold weather increases demand. As a result, the nation’s nuclear production is at the lowest since 2011 and is expected to remain subdued through next ...

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India’s mobile phone price war triggers consolidation

  Bloomberg Executives atop India’s mobile-phone industry foresee a consolidation that could knock Bharti Airtel Ltd. out of first place in the $26 billion market. The catalyst: free calls and industry debt that has ratcheted up to more than double revenue. Billionaire Mukesh Ambani escalated a price war in September, vowing to reorder the market and luring tens of millions ...

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