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Ikea invests $373m in solar parks in Germany, Spain

  Bloomberg Ingka Investments, the investment arm of Ikea’s biggest retailing group, has bought nine solar park projects in Germany and Spain for about $373 million. The projects are being developed by Germany-based Enerparc AG and expected to be ready for construction at the end of this year, according to an emailed statement. The solar energy production “will be sufficient ...

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India optimistic on US defense talks despite Russia tension

Bloomberg India is optimistic about talks next week with the US on military cooperation even as the Biden administration becomes more vocal in rebuking New Delhi over its reluctance to criticise Russia’s war in Ukraine, people familiar with the matter said. Recent public statements from Washington warning India about consequences for purchases of weapons and discounted oil from Russia are ...

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Pelosi to visit Taiwan in first such trip for 25 years, says FNN

  Bloomberg US House Speaker Nancy Pelosi is scheduled to visit Taiwan, according to media reports, a landmark display of American support that triggered a diplomatic protest from Beijing. Pelosi will arrive in Taipei on Sunday following a visit to Japan, according to reports in both Taiwan and Japan, including by Fuji News Network, which cited people it did not ...

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