RIGA – Latvia’s municipal elections on Saturday revealed growing political fragmentation as no clear winner emerged in the capital. Latvia is a small country with a population of about 1.87 million. Riga has a population of about 600,000, about a…
Under the terms of the deal, the value of the division is estimated at $3.4 billion. Kimberly-Clark will own 49% of the shares of the new company. Suzano, the world’s largest pulp supplier and a major paper manufacturer, will have…
New York-based asset manager Brookfield Asset Management plans to acquire additional land on a site in Strangnas — about 55 miles west of Stockholm — that will eventually house a 750-megawatt data center, more than double its previous plan. The…
GlobalFoundries plans to allocate $13 billion to expand existing plants in New York and Vermont, as well as allocate another $3 billion to research in advanced packaging and other technologies in the United States, the company said in a statement.…
UK Prime Minister Keir Starmer said people in Scotland had “voted for change” after his party’s surprise by-election victory. Mr Starmer congratulated Labour’s Davie Russell on being elected as the new Member of Scottish Parliament (MSP) for Hamilton and looked…
German Chancellor Friedrich Merz said his meeting with President Donald Trump had convinced him that the US administration was open to discussing key issues. Mr. Merz described his Oval Office meeting and extended lunch with Mr. Trump on Thursday as…
A federal judge has temporarily blocked President Donald Trump’s order banning foreign students from entering the United States to study at Harvard University. Mr. Trump’s announcement on Wednesday was the latest attempt by his administration to block the nation’s oldest…
US President Donald Trump recently changed his tone toward Russian President Vladimir Putin, suggesting he has “gone crazy” and is “playing with fire.” That underscores the continuing difficulties of negotiations with the Kremlin. While the Trump administration generally advocates a…
As Russia’s full-scale invasion of Ukraine continues, the Kremlin is also rapidly escalating its hybrid war against Europe. Intelligence officials in several European countries are now sounding the alarm, warning that Russian operations are growing in number and boldness, with…
Chart shareholders will receive 3.165 shares of Flowserve for each share they own, giving Chart investors ownership of approximately 53.5% of the combined company. The combined business will have a new name and brand upon closing, which is expected in…