Bloomberg KKR & Co agreed to acquire French solar and biomass power producer Albioma SA in a deal valued at about 1.6 billion euros ($1.7 billion), in the latest sign of investor demand for renewable energy assets. The buyout firm offered 50 euros per Albioma share, plus a cash dividend of 84 cents, according to a statement, confirming an …

Bloomberg Russia halted gas flows to Poland and Bulgaria in a major escalation, and said it will keep supplies switched off until the two countries agree to Moscow’s demands to pay for the fuel in rubles. European gas prices surged 20% on Russia’s sudden move to turn its vast energy resources into a weapon against Ukraine’s allies. But prices later …

Bloomberg J Sainsbury Plc said profit will fall this year as normal shopping habits return following the end of lockdowns and as shoppers feel squeezed by the higher cost of living. The supermarket chain forecast underlying profit before tax of 630 million pounds ($788 million) to 690 million pounds in the year through March, citing “significant external pressures and uncertainties.” …