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  • Santander, PSA to form Brazil JV

    7/27/15
    Spanish bank Santander has agreed a joint venture with French car manufacturer PSA Peugeot-Citroën's Brazilian unit, according to a release by the lender. Under the agreement, Santander will acquire 50% of PSA's auto financing unit ...

  • Vale reports iron ore tailings leak

    3/15/17
    Brazilian miner Vale has identified a leak in a tailings duct at its Fábrica iron ore mine in Ouro Preto, Minas Gerais state. Vale told BNamericas on Wednesday that the problem, identified on Monday, has already been contained with ...

  • Itaipu 2016 output hits 100TWh

    12/21/16
    The Itaipu power plant on the Brazil-Paraguay border became the first hydroelectric facility in the world to generate 100TWh in a calendar year, according to operator Itaipu Binacional. The milestone was reached at 11:16pm on...