SAO PAULO, April 5 Officials from China State Grid visited energy transmission projects in Brazil under construction by Abengoa to evaluate the merits of a takeover of the assets that had stalled last year when the Spanish firm ran into financial problems, two sources confirmed on Tuesday.
One of the sources, a federal official close to the negotiations, said the sale of all of Abengoa's energy projects in the country to State Grid was a scenario preferred by the government, as the Chinese firm was sufficiently capitalized to assure the completion of the projects. (Reporting by Lucian...
08:08 Iowa Exports Soybeans to China, So Why Not a Whole Farm?12
21:36 Official: Fire at warehouse trapped people on second floor28
13:44 Trump picks Iowa Gov. Terry Branstad — a ‘friend’ of China’s leader — as Beijing ambassador13
10:55 Shinzo Abe to Become First Japanese Leader to Visit Pearl Harbor19 8