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Britannia expands in Africa with Kenya deal

Bloomberg India’s biggest cookie manufacturer, Britannia Industries Ltd., clinched a deal for operations in Kenya as part its plan to expand in Africa. The company teamed up with Nairobi-based Kenafric Industries to purchase Catalyst Capital-backed Britania Foods Ltd. in Kenya in a $20 million transaction that also involved acquiring property and a plant, Mikul Shah, a director at Kenafric, said ...

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Biden: Putin threats real, could spark nuclear ‘Armageddon’

Bloomberg President Joe Biden said the US is trying to find an “off-ramp” for Russian President Vladimir Putin and worries his threats to use tactical nuclear weapons are real and could lead to “Armageddon.” “We’re trying to figure out what is Putin’s off-ramp? Where does he get off? Where does he find a way out?” Biden said Thursday at a ...

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Belarus, Russia and Ukraine rights activists get Nobel Peace prize

Bloomberg Human rights advocates in the former Soviet neighbors of Belarus, Ukraine and Russia won the Nobel Peace Prize for their efforts to fight authoritarian regimes as Europe’s worst military confrontation since World War II is roiling the region. Ales Bialiatski from Belarus, Memorial of Russia and Ukraine’s Center for Civil Liberties were awarded the 10-million Swedish kronor ($900,000) prize ...

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