By Brad Brooks SAO PAULO, July 3 (Reuters) – Eike Batista, the former mining and oil magnate who was once Brazil’s richest man, was convicted and sentenced to 30 years...

  By Juan Pablo Spinetto (Bloomberg) — Out in the Atlantic Ocean, 130 miles off the coast of Brazil, an oil ship the length of New York City’s Chrysler building...

Brazilian federal prosecutors accused Batista of financial- market crimes and are seeking to freeze his assets valued at as much as 1.5 billion reais ($641 million).

RIO DE JANEIRO, May 16 (Reuters) – Brazil’s OSX Brasil SA , the bankrupt shipbuilder controlled by former billionaire Eike Batista, presented a plan to a Brazilian judge on Friday...

RIO DE JANEIRO, Nov 26 (Reuters) РOSX Brazil SA, the shipbuilding company controlled by Brazilian tycoon Eike Batista, said on Tuesday that its board of directors elected Euch̩rio Lerner...

Brazilian shipbuilder OSX Brasil SA said on Friday it will file for bankruptcy protection, another step in the decline of former billionaire Eike Batista's empire.

By Guillermo Parra-Bernal SAO PAULO, Oct 15 (Reuters) – Brazilian businessman Eike Batista ceded control of an iron ore port to Dutch energy firm Trafigura Beheer BV and an Abu...

If OGX goes under, its largest U.S. creditors stand to lose millions in Latin America’s largest corporate default. Batista’s salesmanship and Brazil’s growth boom drew investors to his over-hyped companies. The warning signs they missed offer precious investing lessons.

A look at the rise and rapid fall of Eike Batista's Brazilian empire.

Brazilian tycoon Eike Batista quit as chairman of Brazilian port operator LLX Logística SA on Wednesday, after agreeing to sell control of the company to U.S. investment firm EIG Global Energy Partners LLC earlier this month.

July 16 (Bloomberg) — Eike Batista’s OSX-3 offshore oil- processing vessel, collateral for his shipping unit’s bonds, departed from Singapore and is heading to Rio de Janeiro. The ship anchored...

RIO DE JANEIRO, April 3 (Reuters) – Workers ended a two-day strike at the OSX Brasil SA shipyard at Brazil’s Port of Acu on Wednesday, after delaying construction and blockading...

RIO DE JANEIRO, April 3 (Reuters) – Workers extended a strike at the OSX Brasil SA shipyard at Brazil’s Port of Acu for a second day on Wednesday, delaying construction...

Brazilian shipbuilding and ship-leasing company OSX Brasil SA is in the process of raising a $265 million short-term loan due in 2014 from foreign investors to complete an oil platform...

(Bloomberg) — Billionaire Eike Batista is pledging as much as $2 billion to shore up the finances of his oil and shipbuilding companies after drilling and output delays. The controlling investor is...

RIO DE JANEIRO–Brazilian businessman Eike Batista will buy $500 million in shares of shipbuilding and oilfield services company OSX Brasil S/A (OSXB3.BR) by March 2013, half of the company’s existing...

(Bloomberg) — Billionaire Eike Batista is struggling to reach his goal of luring $40 billion to an industrial port complex in Rio de Janeiro state after Nissan Motor Co. pulled...

(Bloomberg) — When Eike Batista pitched investors on $6 billion in stock offerings over the past six years, he was selling more than his personal empire of interlinking commodity startups....

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by Brazil’s richest man, stands to benefit from a rival’s failure to deliver vessels on time for offshore oil production. So do...

SAO PAULO–Brazilian billionaire Eike Batista on Thursday reshuffled the senior management at his oil and ship-building companies, which have seen their stocks lose heavily over the last two days amid...