Bloomberg National Agricultural Development Co., (NADEC) the Saudi dairy producer part owned by the kingdom’s sovereign wealth fund, plans to start talks with Danone SA’s venture in the country for a potential combination. Shareholders of the privately-held Al Safi Danone will own 38.75 percent of National Agricultural Development Co. at the completion of the proposed transaction, according to a statement ...

Bloomberg Even for commodities deal king Ivan Glasenberg, it’s been a busy week. Glencore Plc announced two acquisitions potentially worth as much as $2 billion within days of each other. One to capture a stake in Chevron Corp.’s oil refining and fuel service stations in South Africa and Botswana, the other to take a bigger stake in Latin America’s top ...

Tokyo / Emirates Business The cost of battery storage for stationary applications could fall by up to 66 percent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the report highlights. ...