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At least eight northeastern Brazilian states lost power Thursday night after problems at an electric substation knocked out transmission lines and temporarily shut down generation capacity, disrupting air travel for a few hours during the busy summer season
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Spanish construction firm ACS said it had raised its Hochtief stake to 33.5%, clearing the way for one of the largest hostile deals in German history.
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India's Reliance has hired financial and legal advisors to discuss concerns about the proposed $3.2 billion acquisition of U.S. natural gas producer Atlas Energy by oil giant Chevron.
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Escalating steel prices in the U.S. are starting to filter through supply chains, with companies that buy and process steel raising their own prices and stockpiling in advance of more possible increases.
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Vodafone appointed Philips Electronics CEO Gerard Kleisterlee as chairman, succeeding John Bond.
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