Recent Posts

Brazil real rises as wage veto overshadows emerging-market rout

  Bloomberg Brazil’s real rose as positive sentiment generated by President Michel Temer’s veto of a wage increase for some public workers overcame a rout in emerging-market currencies. The real climbed 1.2 percent to 3.2629 per dollar in Sao Paulo, after earlier dropping by as much as 0.5 percent. The currency outperformed its Latin American peers— the Mexican peso was ...

Read More »

Chevron to narrow bids for $3bn Asian geothermal sale

  Bloomberg China General Nuclear Power Corp., the country’s biggest nuclear power operator, has been invited to make a second-round bid for Chevron Corp.’s Asian geothermal energy assets, which could fetch $3 billion, according to people with knowledge of the matter. Jakarta-based PT Medco Power Indonesia is considering joining a separate shortlisted consortium that includes Japanese trading house Marubeni Corp. ...

Read More »

Temasek to be among second-round bidders for Learfield

  Bloomberg Temasek Holdings Pte, the Singaporean state-owned investment group, is among the bidders for Learfield Communications Inc., people familiar with the matter said. Temasek is in the second round of the Learfield auction, as are entertainment and sports talent group Creative Artists Agency LLC and Thomas H. Lee Partners, said the people, who asked not to be identified because ...

Read More »
Send this to a friend