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...In the UK case, Pogust Goodhead and the Brazilian law firms that have brought the case stand to earn as much as 30 per cent of the settlement if their case is successful....
...and the federal government have pinned the blame on Enel, the Italian energy group that has operated the grid for six years, but the blackouts highlight the damaging impact of chronic underinvestment in Brazilian...
...The mining project where the tailings dam collapsed was owned and operated by Samarco, a Brazilian company jointly owned by BHP and Vale....
...and Orion Resource Partners....
...Job Moves José Luciano Duarte Penido stepped down from Vale’s board of directors alleging “nefarious political influence” surrounding the Brazilian miner’s succession process for its next chief executive...
...In 2018, Brazilian prosecutors charged two former Trafigura executives Mariano Marcondes Ferraz and Marcio Pinto de Magalhães for allegedly paying bribes of about $1.5mn....
...A Brazilian court has ordered iron ore producer Samarco, along with its owners Vale and BHP, to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...“We will continue partnering with farmers, ranchers and other stakeholders towards a more sustainable future for agriculture that uses fewer resources and reduces environmental impact, while feeding a growing...
...An independent director at Vale has stepped down from its board in protest over the Brazilian miner’s succession process, alleging “nefarious political influence” surrounding the choice of its next chief...
...Last week the company criticised Brazilian judges’ orders for it to censor “certain popular accounts”....
The transaction should turn the London-listed company into one of the North Sea’s largest producers
...The year Trafigura founder Claude Dauphin picked Jeremy Weir as his successor, the commodities trading house was still paying bribes to Brazilian officials for oil contracts....
...Almost all deforestation in the Brazilian Amazon is unlawful, the result of illegal logging, mining and ranching....
...Brazilian imports of diesel from Russia last year soared 4,600 per cent while purchases of fuel oil rose by almost 400 per cent, in a $8.6bn boost to the Russian economy as the war in Ukraine enters its...
...All of a sudden you’re going to import from Nigeria, from Angola . . . it’s better to pay taxes in your own country if you have the resource there,” he said....
...A detailed follow-up from Electrek on Monday reported that Model 2 work had indeed been “completely defunded” and that the project was “effectively scratched right now as Tesla is putting all resources into...
...“Eating better will require business, so I’m sure [the Brazilian agro sector] will continue to grow.”...
Ithaca’s deal with Eni would simply be trading assets around a troubled basin
...It has also been under pressure to reduce debts that it amassed partly because of a 2005 investment in a Brazilian steelmaking business that cost the company €8bn in losses....
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
...BHP on Tuesday reported a net profit of $927mn for the six months ending in December due to impairment charges taken against Nickel West, its Western Australian operation, and its Brazilian iron ore assets...
...Toffoli on Monday ordered an investigation of Transparency International over accusations that it misappropriated public resources during the Car Wash probe....
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
Xi Jinping hopes manufacturing can offset the property slump
...“The Nordics are more restrained, but Brazilians have so many natural resources.”...
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