Bloomberg The Hungarian conglomerate controlled by Prime Minister Viktor Orban’s closest business ally sold the country’s biggest coal-fired power plant to the state in a U-turn after the premier agreed to the European Union‘s climate deal. The transaction on Matrai Eromu plant, signed on Monday between Opus Global Nyrt and state-owned energy group MVM Zrt, means that the projected $1 …

Bloomberg Mexico’s decision to cancel a $13 billion airport has made investors hungrier to participate in the expansion of Peru’s main air terminus, according to the project’s director. Anton Aramayo, who is overseeing the plans at Lima Airport Partners, said dozens of international companies are interested in bidding for around $1.2 billion of works to build a second runway and …

Bloomberg The South Korean business dynasty that gained notoriety with the “nut-rage incident” is generating turbulence again. Heather Cho, 45, the eldest daughter of the founding family’s late patriarch, voiced her discontent over how her brother has been running the Hanjin conglomerate, whose units include flag carrier Korean Air Lines Co. Walter Cho, the 43-year-old chairman of Hanjin Group and …