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[ ] OSX's shipyard gets R$ 2.7 billion from banks OSX, the naval construction arm of Batista's ESX group, is getting a loan of R$ 2.7 billion (US$ 1.3 billion) from state-owned banks BNDES and Caixa Econômica … more

OGX, the crude oil arm of the group EBX owned by billionaire Eike Batista, is experiencing a decline in oil production at the Campos Bay. Now, the forecast is that OGX will produce 5,000 barrels a day - a third of the first prediction. As a result, the company's papers had a fall of 41 percent, an equivalent to nearly US$ 5 billion. The losses, according to ranking, made the billionaire lose his post at the eighth richest man in the world to below twenties.