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Unions oppose Norway power export drive

Bloomberg Norway’s vast resources of Europe’s cheapest and greenest electricity has helped its energy-intensive industry gain an edge and produce everything from aluminum to chemicals and tankers. But now the nation’s powerful unions are objecting to plans by grid managers and utilities to get in on the act by spending more than $6 billion on cables to profit from selling ...

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Saudi Aramco mulls expansion to India

Riyadh / Reuters Saudi Aramco, the state oil company of Saudi Arabia, is considering entering India as part of its Asian expansion, Nikkei said, citing Aramco’s CEO who said that plans for an Indian refinery are crystallising. “Saudi Aramco is looking at additional investments in China, and India is also a very important destination which we are giving great consideration, ...

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Fujifilm gains control of Xerox to form $18 billion company

Bloomberg Fujifilm Holdings Corp. is gaining control of Xerox Corp. in a deal that would create an $18 billion company and see the iconic American corporate giant launching into new lines of business to seek global growth. The deal would combine Xerox, which has a market value of $8.3 billion, with a joint venture the company operates with Fujifilm, according ...

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