Two years after partnering with Eike Batista and vowing to create Brazil’s biggest non-state energy company, German utility EON SE is facing the prospect of pumping more money into the venture without Batista’s help.
Mario Draghi said the European Central Bank might start broad-based asset purchases if the inflation outlook worsens as he prepares the ground for one of the most radical policies in the ECB’s history.
Banks’ pullback from commodities trading is weakening the link between raw materials and equities and helping to re-establish supply and demand as the main factor in setting prices, United Nations researchers say.
Forbes Media LLC’s effort to find a buyer is running into trouble, with one potential bidder officially out of the running and two others no longer in active talks, people with knowledge of the matter said.
U.K. billionaire Richard Branson’s Virgin Atlantic Airways Ltd. still isn’t sure whether it will ever fly the world’s largest passenger plane as it prepares for delivery of its first Boeing Co. 787 Dreamliners.