Procter & Gamble is cutting around 150 jobs in Spain and Portugal following the decision to integrate hygiene company Arbora & Ausonia (A&A) into its existing operations. P&G acquired all of A&A, which makes diapers, Tampax tampons and adult incontinence products, last year after food company Agrolimen sold its 50% stake in the firm. Last year, A&A had sales of $665 million in Spain and about $130 million in Portugal. P&G said the plan focused on 300 jobs at...