Tag: Eike Batista
Eike BatistaChina scraps plan to build 5 billion dollars steel plant in Brazil
A major Chinese steelmaker has scrapped a plan to build a five-billion-dollar factory in Brazil due to high costs and a slump in global prices for the metal, state media said Tuesday.
High cost and scarcity of electricity threatens Chile’s massive investments in copper industry
The biggest-ever pipeline of copper projects is under threat as Chile, the world's top producer, struggles to contain rising opposition to new power plants.
Brazilian boom full of ambition and consumers, but also has a downside
House prices in some parts of Rio are up nearly 80% in the past year,” says Ronaldo Coelho Netto, an estate agent in Rio de Janeiro, looking up at a new development near the city centre.
Beware Mr Slim: Brazil’s Batista says he will become the world’s richest person
Brazil’s billionaire Eike Batista said that he expects to become the world's richest person, speaking in an interview at the Milken Institute's annual global conference in California.
Colombian oil and coal reserves attract Latam’s tycoons
Carlos Slim considered by Forbes Magazine the richest man in the world said he’s seeking to boost his investments in Colombia because of the country’s open policy on oil exploration, its mineral assets and growing middle class.
Brazil wealthiest man pays 285.000 USD for Lula da Silva’s inauguration suit
Brazil’s wealthiest man, Eike Batista paid the equivalent of 285.000 US dollars for the inauguration suit of President Lula da Silva when he first took office in January 2002. The sale was part of a charity auction to collect funds for a famous Sao Paulo favela (shanty town) that goes by the name of Paraisopolis, (Paradise City).
