Third baseman Manny Machado, shortstop J.J. Hardy and center fielder Adam Jones won Gold Glove Awards for the Baltimore Orioles, who committed a Major League Baseball record-low 54 errors in the regular season.
Eike Batista’s MMX Mineracao & Metalicos SA mining company soared the most in three months after Trafigura Beheer BV and Mubadala Development Co. agreed to buy a controlling stake in its iron-ore port in Brazil.
MMX Mineracao & Metalicos SA, the iron-ore producer of Brazilian billionaire Eike Batista, named Carlos Gonzalez as chief executive officer, the company’s second change of its top executive in the last 15 months.
Growing up in poverty on the streets of Bridgeport, Connecticut, Carlos Gonzalez sold heroin and crack cocaine and eventually landed in jail. Now he cleans the kitchens of Greenwich private schools and of financial companies UBS AG and Royal Bank of Scotland in Stamford.
Mubadala Development Co. has joined Trafigura Beheer BV to bid for Eike Batista’s iron-ore unit, seeking to beat offers by Glencore Xstrata Plc and MRS Logistica SA, three people with direct knowledge of the matter said.
Shares of Eike Batista’s mining unit MMX Mineracao & Metalicos SA slumped while securities linked to royalties of its Sudeste port jumped after the company agreed to sell control of the terminal to Trafigura Beheer BV and Mubadala Development Co. in a $400 million deal.
Eike Batista’s LLX Logistica SA ports unit had its biggest six-day rally in almost five years as EIG Global Energy Partners LLC’s $560 million offer to take over control boosts expectation it will complete its main project.
Not long ago, British businessman Ryan Cornelius was living the high life, doing deals out of Bahrain and taking his family big-game fishing on his yacht and on safari in Kenya. He’s now into his third year in a Dubai jail cell, yet to be convicted of anything.
MMX Mineracao & Metalicos SA, the iron-ore producer controlled by Brazilian billionaire Eike Batista, fell to a six-week low after changing its chief executive officer for the second time in 15 months.