South America
Sumitomo to Put $1.3 Billion Into India Renewable Power Projects
Sumitomo Corp. will invest 200 billion yen ($1.3 billion) on several Indian renewable power projects, to take advantage of rapid growth in demand from major industrial users.
Brazil Oil Output Rebounds After Platform Outages Cut Production in November
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how Latin America’s largest crude producer can confound OPEC efforts to micromanage the market.
