OGX Bankruptcy Caps Demise of Batista Fortune

Oct. 31 (Bloomberg) -- OGX Petroleo & Gas Participacoes SA, the oil company that transformed Eike Batista into Brazil’s richest man, filed for bankruptcy protection yesterday, culminating a 16-month decline that wiped out more than $30 billion of the Batista's personal fortune. Alexander Cuadros reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Fortescue's Power: Looking to Reduce Costs Further
32:26 - Nev Power, chief executive officer at Fortescue Metals Group, discusses 4Q earnings, his outlook on iron ore prices and his outlook for the company. He speaks to Bloomberg's Angie Lau on "Asia Edge." (Source: Bloomberg)
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