Brazil Views

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Petrobras Plans Higher Upstream Spend

Brazilian state-run energy company Petroleo Brasileiro (Petrobras) is planning a 4% increase in budget for its upstream unit in its 2014-2018 business plan, which was unveiled in the week starting...

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Facebook-WhatsApp: Show Me The Money

Social media platform Facebook has agreed a deal worth US$19bn for the acquisition of over-the-top (OTT) messaging mobile application WhatsApp. The amount is comprised of US$4bn in cash and...

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Valemax Strategy Further Imperilled

We expect further complications for Vale's strategy of increasing its Chinese iron ore market share after China's Transport Ministry reaffirmed a long-standing ban on Valemax ships berthing at...

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