Reykjavik Geothermal, the Icelandic power-plant builder, plans to begin drilling in Ethiopia by July as part of a $2 billion project to develop the renewable energy source, Chief Operating Officer Gunnar Orn Gunnarsson said.
Signet Jewelers Ltd., operator of the Kay and Jared brands, agreed to buy Zale Corp. in a deal valued at about $1.4 billion, including debt, letting the company extend its lead as the largest jewelry chain in the U.S.
Justin Rosenblatt plans to fork over $2,000 this month for a Roberto Coin stackable ring, Sonya Renee monogram necklaces and Wendy Mink hoop earrings for his wife and friends. That’s twice what he spent on sparkle last year.
Clashes between the Sudanese armed forces and rebels in Blue Nile state are displacing tens of thousands of people who can’t be reached by aid agencies due to government restrictions on movement, the United Nations said.