BEIJING / AP Other investors are wary of Brazil, but when Duke Energy wanted to sell 10 hydroelectric dams there, a Chinese utility shrugged off the country’s economic turmoil and paid $1.2 billion to add them to an energy empire that stretches from Malaysia to Germany to the Amazon. State-owned China Three Gorges Group is spending heavily to buy …

  Bloomberg Swim or sink: That’s the message shipping executives in Asia are taking into the new year. Faced with a prolonged trade slowdown and depressed freight rates, the region’s container lines are set for further consolidation after a year that’s seen the collapse of South Korea’s Hanjin Shipping Co., a mega merger among Japanese rivals and the sale of …

  Bloomberg Shares of Toshiba Corp. recovered from an early dive after the Asahi newspaper reported regulatory concerns about the company’s earnings. Toshiba rose 2.3 percent to 289.6 yen as of 11:13 a.m. in Tokyo after slumping as much as 6.9 percent in early trade. Japan’s Securities and Exchange Surveillance Commission suspects the company padded earnings by about 40 billion …