JERUSALEM (Reuters) – Potash Corp , the world’s largest fertilizer maker, is in talks with Israel’s government about merging with its smaller rival Israel Chemicals (ICL) , ICL’s parent company said. Canada-based Potash already controls 13.84 percent of ICL, the world’s sixth-largest fertilizer maker, and has long sought to raise its stake but has faced government and regulatory opposition. Conglomerate Israel Corp owns 52.3 percent of ICL. Some 34 percent of ICL, which has a market value of about $15 billion, is traded on the Tel Aviv Stock Exchange. …
Spain's Rajoy says crisis needs domestic and European solutions
MADRID (Reuters) – Spain will come out of its current crisis through a combination of domestic reforms and policy decisions taken at a European level, Spanish Prime Minister Mariano Rajoy said in parliament on Wednesday. "Overcoming the crisis depends on national reforms but also European policies," Rajoy said. The Spanish leader has kept financial markets guessing as to whether he will ask for a financial rescue from the European Union. "The European Union is moving, but at a pace that can seem desperately slow to some of us," he also said. … As Obama focuses on storm response, Romney gets back to campaign trail
WASHINGTON – President Barack Obama, locked in a tight re-election bid, is emphasizing his incumbent’s role for a third straight day, skipping campaign events in battleground states to visit victims of superstorm Sandy in New Jersey, a state he’s confident of winning. The president’s actions have forced his Republican challenger, Mitt Romney, to walk a careful line and make tough choices
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