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AMLO Hits Back at Vulcan, Threatens to Use Environmental Decree

Mexico’s president threatened to declare a disputed property owned by Vulcan Materials Co. an environmentally protected area, after failing to reach an agreement with the US construction firm.

Historic Drought to Get Worse in Brazil’s Amazon, Scientist Says

There is no relief in sight for a historic drought in Brazil’s Amazon that has been disrupting river transport, causing forest fires and killing wildlife, according to a prominent climate scientist.

Dreyfus to Build Ohio Soy Plant to Capitalize on Renewable Diesel Boom

Louis Dreyfus Co., one of the world’s biggest agricultural traders, said it’s building a soybean processing plant in Ohio to boost production of the vegetable oil that’s been increasingly in demand both for cooking and fuel.

HSBC’s Sale of Canada Unit to RBC Is Opposed by Conservative Leader

The leader of Canada’s main opposition political party says the government should block HSBC Holdings Plc’s sale of its local operations to Royal Bank of Canada.

Nigeria Turns to Tiny Tankers to Replace Big Broken Oil Pipeline

Nigeria is turning to a fleet of tiny river-going tankers to boost its oil production because one of its key oil pipelines has been broken for months.

Big Banks Get a Breather to Respond to Planned Capital Mandates

Top US financial regulators on Friday delayed a deadline for comments on their sweeping plan to impose tighter capital rules on big banks.

Nestle Among Firms Facing Higher Tax In India After Court Loss

Several multinationals doing business in India are on the hook for significant back taxes, interest, and potential penalty payments after the Supreme Court overturned a lower court’s interpretation of tax treaty implementation.

VW Sees Operating Result at Last Year’s Level on Hedging Effect

Volkswagen AG revised its guidance for the year after hedging losses cut into profitability during the earlier part of the year.

Adevinta Shows How Far Private Lenders Will Go to Win Deals

A race to provide financing for the buyout of classifieds company Adevinta ASA shows that direct lenders are willing to slash their terms in order to win deals, even in a volatile market.

Europe Gas Settles at Week-High on Wider Mideast Conflict Fears

European natural gas settled at the highest level in a week as concerns that the conflict in the Middle East will widen and affect global flows of the vital fuel ahead of winter.

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