CashNews.co (Bloomberg) — Elon Musk backed down and decided to comply with court orders in Brazil, an attempt to end a monthslong clash that culminated in million-dollar fines and the banning of his social network X in Latin America’s largest economy. Most Read from Bloomberg X appointed a legal representative in the country on Friday, […]
CashNews.co Brazil has fined Elon Musk’s companies after some users in the country were able to briefly access the social media platform X, despite a ban imposed last month. Brazilian users swarmed the site on Wednesday after X updated how its servers within the country were accessed. The platform’s restoration was unintended, the company said. […]
CashNews.co April 11 (Reuters) – Carrefour Brasil, the local arm of French retail giant Carrefour, said on Tuesday it reached an agreement to reduce the price of its acquisition of Grupo Big by up to 1 billion reais ($199.7 million). In a securities filing, the company said the agreement would reduce the price of the […]
CashNews.co From left to right, Carlos Campos (General Director of emnify in Brazil), Carlos Baigorri (Chairman and CEO of ANATEL), Alexander Schebler (VP of Network Access and Co-founder of emnify) and Christopher Ruettgers (CPO of emnify), visiting ANATEL in Brazil. (Photo: Business Wire) Initiative enables mobile connectivity for all IoT/M2M devices in Brazil, regardless of […]
CashNews.co (Bloomberg) — Brazil Finance Minister Fernando Haddad said the government is worried a resurgence in extreme weather will spur inflation as central bankers are expected to lift the interest rate starting next week. Most Read from Bloomberg The nation’s persistent dry spell can stoke food and energy price increases, Haddad told reporters in Brasilia […]
CashNews.co BRASILIA (Reuters) – Brazil Finance Minister Fernando Haddad said on Wednesday that the government is expected to raise its annual economic growth forecast to above 3%, up from the current projection of 2.5%. “I believe that a floor of 3% is already virtually secured,” he told reporters. The minister expressed some concern about inflation, […]
CashNews.co (Reuters) – BHP Group, the world’s top miner, is mulling a sale of Brazilian copper and gold assets it took over as part of the buyout of smaller peer Oz Minerals, Bloomberg News reported on Wednesday, according to people familiar with the matter. BHP, which recently abandoned plans to buy out British multinational miner […]
CashNews.co (Bloomberg) — Brazil’s ban of X amid a fight with Elon Musk over disinformation on his prized social-media site offers a cautionary message for other democracies trying to balance freedom of expression with the integrity of information ahead of elections. Most Read from Bloomberg There’s no easy solution, including in Brazil, where the judiciary […]
CashNews.co Amazon launching paid-version of Alexa If you have an Amazon smart speaker, you may count on Alexa to help keep track of your to-do lists, check the weather or answer your questions on the fly, but would you pay extra if it meant an upgraded version of the personal voice assistant? Amazon is ready […]
CashNews.co Future Market Insights Global and Consulting Pvt. Ltd. Global Sustainable Label Industry Poised for Robust Growth with Paper Labels Leading the Charge: Market Expected to Reach USD 2.37 Billion by 2034. Growing environmental awareness drives demand for sustainable labels, with consumers willing to pay more for eco-friendly options. Innovations include mono-materials and lineless labels, […]