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Telecom Italia decides no need to rush for Oi in Brazil - sources
2014-12-12 18:38:28| Telecom - Topix.net
Telecom Italia has concluded it cannot make a move in the expected consolidation of the Brazilian market, where it controls the second biggest mobile operator, until the corporate turmoil abates at prospective merger partner Oi, according to sources familiar with the matter. Oi also needs to cut its debt and costs before Telecom Italia makes a move, one of the sources said.
Tags: sources
italia
brazil
telecom
The Wall Street Journal: Charges filed in Brazil over alleged bid to bribe Petrobras
2014-12-12 15:24:13| Oil & Gas - Topix.net
Brazilian prosecutors on Thursday filed charges against 36 suspects in a corruption investigation alleging construction companies bribed public officials and overbilled state-controlled energy giant Petroleo Brasileiro SA Among those charged were 23 executives from six of the biggest construction companies in Brazil: Camargo CorrAaa SA, Engevix, GalvA o Engenharia, Mendes JAonior, OAS and UTC Engenharia SA. Also among them were Paulo Roberto Costa, the former director of Petrobras' refining division, and Alberto Youssef, an alleged black-market currency dealer who is accused of distributing the bribe payments.
Enel Green Power secures $100m loan from Itaś Unibanco for windpower projects in Brazil
2014-12-12 01:00:00| Power Technology
Italian energy firm Enel Green Power has secured a $100m loan from Brazilain bank Itaś Unibanco to support more than 260MW of windpower constructions in Brazil.
Brazil company executives charged
2014-12-12 00:57:32| BBC News | Business | UK Edition
Brazilian prosecutors charged 35 executives from the country's largest engineering companies in connection with the Petrobras corruption scandal.
Tags: company
brazil
charged
executives
POSCO to Develop US$1.8 Billion Coal Gasification Plant in Brazil
2014-12-05 22:45:58| Steel - Topix.net
South Korea's POSCO , the world's fourth largest steelmaker, has signed a protocol of intentions with Brazil's Rio Grande do Sul to construct a $1.8 billion coal gasification plant. With a 2 million m3/day capacity, the plant will produce coal-derived synthetic natural gas through coal gasification.
Tags: develop
brazil
plant
billion
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