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Samarco comp deal said to be signed tomorrow in Rio De Janeiro

Rio De Janeiro /Bloomberg A compensation package for the Samarco tailings dam spill in Brazil is scheduled to be signed on Monday as authorities and the mine owners hammer out final details, said a person with direct knowledge of the talks. The agreement would end weeks of negotiations and be a key step in the joint venture — owned by ...

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Mexican stock trading outage irks its traders

MEXICO CITY / Bloomberg A 90-minute interruption in Mexican stock trading during the peak of earnings season drew fire from traders. “It’s very hard when things like this happen,” said Rogelio Ramos, an equity sales trader at Interacciones Casa de Bolsa SA in Mexico City. “From the time you come in, people, companies, foreign clients, everyone is asking us: ‘Hey, ...

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Taesa keen on in Abengoa’s Brazil power lines

Rio De Janeiro / Bloomberg Transmissora Alianca de Energia Eletrica SA (Taesa) , a state-owned operator of power lines in Brazil, is considering the acquisition of Abengoa SA’s transmission assets in the country as the Spanish company teeters on the edge of insolvency. “We are interested in the assets,” Chief Executive Officer Jose Aloice Rogone Filho said in an interview. ...

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