Bloomberg Renewable energy developers won contracts to produce 1,720 megawatts of power in Mexico during the country’s first-ever private auction, after the government ended a decades-long state electricity monopoly in 2013. Seven wind and solar companies including Enel Green Power, SunPower Systems Mexico and Recurrent Energy won 15-year contracts to rights to provide the state-owned Comision Federal de Electricidad with …

Bloomberg Illinois farmer David Erickson admits that what he and many U.S. farmers are about to do doesn’t seem to make much sense. With bulging stockpiles of corn and soybeans left over from last year’s harvest, they’re planting more in 2016 — even though the crops probably won’t be profitable. “It’s hard to get your head around the idea of …

Bloomberg A move by Brazil’s largest party to depart from the ruling coalition further weakened the government and raised the odds that President Dilma Rousseff will lose the impeachment vote. The latest blow capped a month in which the least popular president in decades faced a wave of massive protests, fought accusations that she tried to obstruct a corruption probe, …