Spain will begin defense of its World Cup title against the Netherlands in a repeat of the 2010 final, a day after host and tournament favorite Brazil opens soccer’s monthlong showpiece against Croatia.
OGX Petroleo & Gas Participacoes, the world’s worst performing oil producer this year, started production at its most promising Brazilian field after failures at four other offshore areas eroded cash reserves.
Telefonica SA must determine how to reduce its presence in Brazil to comply with an antitrust ruling, which said its move to boost its influence over Telecom Italia SpA undermines competition in the South American country’s telecommunications market.
Jaguar Land Rover, the luxury-vehicle division of India’s Tata Motors Ltd., signed an agreement to build a 240 million-pound ($392 million) factory in Brazil with capacity to produce as many as 24,000 cars a year.
A Brazilian court blocked an attempt by two of Eike Batista’s companies to have their creditor protection cases considered jointly at the request of Acciona SA, the Alcobendas, Spain-based company said.