CashNews.co (Bloomberg) — Brazil’s top judge issued an order on Wednesday to block Elon Musk’s X if the social media platform doesn’t appoint a legal representative in the country within 24 hours, escalating a clash between the billionaire and Latin America’s largest economy. Most Read from Bloomberg The decision came days after the platform formerly […]
CashNews.co BRASILIA (Reuters) -Brazilian Supreme Court Justice Alexandre de Moraes ordered billionaire Elon Musk on Wednesday to name a legal representative for his messaging platform X in Brazil within 24 hours or face the site’s suspension in the country, a court decision showed. Earlier this month, X announced it would close its operations and fire […]
CashNews.co Jamf Q3 total revenue year-over-year growth of 15% to $142.6 million ARR year-over-year growth of 15% to $566.3 million as of September 30, 2023 Cash flow provided by operations of $47.2 million for the TTM ended September 30, 2023, or 9% of TTM total revenue; unlevered free cash flow of $60.6 million for the TTM ended September 30, […]
CashNews.co BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that he suggested to the country’s president that the nomination of the next central bank head should be revealed between August and September. At a bank event, Haddad said he made the suggestion to President Luiz Inacio Lula da Silva after discussing the […]
CashNews.co (Bloomberg) — President Luiz Inacio Lula da Silva’s push for more and cheaper natural gas is generating concern that Brazil is turning to interventionist policies in a move that could discourage investments by oil majors including Petroleo Brasileiro SA, Equinor ASA and Shell Plc. Most Read from Bloomberg A decree published Tuesday allows Brazil’s […]
CashNews.co By Howard Schneider JACKSON HOLE, Wyoming (Reuters) -Brazil’s central bank chief said on Saturday that discussing monetary policy transmission will become increasingly difficult without addressing fiscal issues, citing the growing burden of public debt driven by expanded government spending. Speaking at the Kansas City Federal Reserve’s annual economic conference in Jackson Hole, Wyoming, Roberto […]
CashNews.co By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Saturday that recent volatility may be showing the market is pricing in less room for fiscal and monetary intervention in the future. Campos Neto, speaking at the Kansas City Federal Reserve’s annual economic conference in Jackson Hole, […]
CashNews.co The Brazilian Securities and Exchange Commission (CVM) has approved a second Solana exchange-traded fund (ETF), the agency disclosed in its central database. According to the CVM database, the new Solana {{SOL}} ETF, which is in a pre-operational phase, will be offered by Brazil-based Hashdex — a Brazil-based asset manager with over $962 million in […]
CashNews.co By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Voepass has decided to reduce some service to nine locations after one of its planes crashed and killed 62 people in Sao Paulo state earlier this month. Regional carrier Voepass, Brazil’s fourth-largest airline by market share, said in a statement sent to Reuters that the […]
CashNews.co Nokia Corporation NOK recently revealed that TIM Brasil, a prominent Brazilian telecommunication company, has opted to deploy Nokia’s industry-leading 5G AirScale portfolio. This strategic move is part of TIM’s plan to expand its 5G Radio Access Network coverage across Brazil and solidify its position as one of the leading 5G providers in the country. […]