Grain exports from the French port of Rouen, Europe’s biggest wheat-shipping hub, fell 65 percent to the lowest weekly level since December after deliveries to Algeria dropped and a barley cargo to Israel wasn’t repeated.
VimpelCom Ltd. Chief Executive Officer Jo Lunder said the mobile carrier will stick to its Wind Telecomunicazioni SpA unit, keeping the Italian asset off limits to former owner Naguib Sawiris, the Egyptian billionaire who is seeking to re-enter the market.
VimpelCom Ltd., the wireless carrier owned by Russian billionaire Mikhail Fridman and Norway’s Telenor ASA, improved first-quarter profitability after adding users in former Soviet republics and Italy and cutting costs.
As Anadarko Petroleum Corp. Chairman Jim Hackett steps down and heads off to Harvard Divinity School, Chief Executive Officer Al Walker’s biggest challenge is convincing investors nothing will change at the $45 billion global oil explorer.
French soft-wheat exports, the European Union’s biggest, rose 12 percent in March as higher shipments to Morocco and Spain more than made up for lower deliveries to Algeria and Italy, customs figures showed.