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Eike Batista

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  • Brazil's fallen tycoon Batista goes on trial for insider trading

    RIO DE JANEIRO (Reuters) - Eike Batista, once Brazil's richest man, arrived at a Rio de Janeiro courthouse on Tuesday for trial on charges of insider trading in the run up to the bankruptcy of his oil firm OGX, the largest bankruptcy in Latin American history.
  • Brazil's BNDES in spotlight as Rousseff faces fiscal pressure

    SAO PAULO (Reuters) - For decades, Brazilian companies large and small have been hooked on cheap credit from state development bank BNDES. That reliance weakens public finances and squeezes private banks out of credit markets. Critics say that instead...

    Brazilian tycoon faces fresh charges in fall of oil empire

    Eike Batista, until recently the richest man in Brazil and one of the wealthiest worldwide, has been charged with fraud and conspiracy in connection with the collapse of his oil and energy empire. Batista, formerly a self-proclaimed symbol of his...

    Security official blames Tiananmen Square attack on Islamist group

    Security official blames Tiananmen Square attack on Islamist group
    BEIJING -- China’s top security official has concluded that the East Turkestan Islamic Movement, a separatist group, was responsible for the deadly attack Monday in which a car mowed down pedestrians at Beijing’s Tiananmen Square before...

    Snowden won't pose a threat to U.S., Putin aide says

    Snowden won't pose a threat to U.S., Putin aide says
    MOSCOW -- The Kremlin will not allow NSA leaker Edward Snowden to harm the United States for the duration of his temporary stay in Russia, Vladimir Putin’s spokesman told the Los Angeles Times. “While he is here no one will allow him to...