Brazil's antitrust agency CADE (Administrative Council for Economic Defense) voted 4-2 to approve the merger of the two biggest agribusiness corporations on the planet—the acquisition of US Monsanto Company by German Bayer.
Norwegian oil firm Statoil is to pay Brazil's state-controlled oil giant Petrobras $2.9 billion for a 25% stake in the Roncador oilfield, northern Campos basin, in the north of Rio de Janeiro state.