Batista Backs Out of AUX IPO, US-Ecuador Trade

June 1 (Bloomberg) -- In today's "Latin American Report," Bloomberg's Adam Johnson reports that Brazilian billionaire Eike Bastista is selling a stake in his AUX gold business rather than offering up an IPO and Ecuador is looking to renew its trade agreement with the United States, even as the country increases its ties with Iran. He speaks on Bloomberg Television's "InBusiness." (Source: Bloomberg)