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Soy harvest expands Argentina’s economy by 2.1% in 2015

Bloomberg Argentina’s economy grew 2.1 percent in 2015 as a record soy harvest boosted the country’s agricultural exports. Gross domestic product in South America’s second-largest economy expanded by 0.9 percent in the fourth quarter and 3.5 percent in the third quarter, the national statistics agency said on Wednesday. The median estimate of four economists in a Bloomberg survey was for ...

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TransCanada to sell stake in Mexico natural gas pipelines

Bloomberg TransCanada Corp. plans to sell as much as 49 percent of its five Mexico natural gas pipelines to a passive partner to help pay for the $10.2 billion purchase of Columbia Pipeline Group Inc. TransCanada is “refinancing” its Mexican business to raise funds after agreeing to buy Columbia Pipeline Group, its biggest-ever acquisition, on March 17, Robert Jones, TransCanada’s ...

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World’s biggest shipping company pours billions into market rout

Bloomberg The world’s biggest shipping company is taking advantage of low industry prices to build its business across units. A.P. Moeller-Maersk A/S unveiled its latest venture on Thursday, when its APM Terminals unit said it will invest $859 million in a Moroccan port facility. That follows the closing earlier this month of the unit’s $1 billion acquisition of a Spanish ...

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