Daily News August 3, 2016

TransCanada moves into Mexico with $800-million project TransCanada Corp. is joining with the Mexican company Sierra Oil & Gas to build an $800 million marine terminal and pipeline in the Mexican port of Tuxpan, the companies said in a statement. The project will transport gasoline, diesel and jet fuel to central Mexico. “There are not that many markets in the world where you can build a refined products infrastructure project of this scale, and Mexico is one of them,” said Ivan Sandrea, chief executive officer of Sierra. Source: Bloomberg Brazil stocks fall as corporate results show uncertain recovery Brazil’s Ibovespa fell the most in four weeks as disappointing earnings from Cielo outweighed Itau Unibanco Holding’s better-than-forecast results and called into […]

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