Rio de Janeiro

Rio de Janeiro Cuts Power Supply to 2016 Olympic’s Inaugural Venue

A number of concerns about the upcoming Olympic Games in Rio, have already been reported. These include supply of virus contaminated water, forcing to pay the athletes their air conditioning and television bill. Power cutting to Olympic 2016’s inaugural venue by Rio City due to unpaid bill has appeared to be the last blow for the Olympians.

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Invepar wins rights to upgrade, operate Brasilia-Rio de Janeiro highway, to invest $3.2 billion

Infrastructure group Invepar SA has won the rights to operate a 937-kilometer stretch of Brazil's BR-040 highway, connecting Brasilia to Rio de Janeiro. Invepar is expected to invest $3.2 billion in BR-040 over the next three decades.

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GE to continue manufacturing site project near Brazilian port

Multinational conglomerate General Electric Co. intends to proceed with its project to construct a manufacturing site near a port in Rio de Janeiro. The port is being built by LLX Logistica, which was formerly run by Brazilian petroleum titan Eike Batista.

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Odebrecht and Changi to buy Rio Airport for USD8.3 billion

The Galeao airport in Rio de Janeiro was sold to Odebrecht and its partner Changi Airports International for USD8.3 billion, a value almost four times the minimum bid.

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Eike's Rio de Janeiro had highs and lows with the billionaire

At his financial mightiest, Eike bankrolled social services in Rio de Janeiro.

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