CashNews.co By Gram Slattery and Roberto Samora RIO DE JANEIRO (Reuters) – Brazil’s Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed against the state-run oil company’s profitability, saying its executives had no sympathy for ordinary people. In a securities filing, Petroleo Brasileiro SA, as […]
CashNews.co Open Banking Excellence LONDON, Sept. 22, 2022 (GLOBE NEWSWIRE) — Open Banking Excellence (OBE)the global centre of community and knowledge driving change in Open Finance, is preparing to gather industry leaders around a virtual Campfire for a deep dive into payments initiation in Brazil. It has been more than one year since Brazil enabled […]
CashNews.co By Anthony Boadle BRASILIA, Oct 2 (Reuters) – Brazilians are voting on Sunday in the first round of their country’s most polarized election in decades, with leftist Luiz Inacio Lula da Silva favored to beat right-wing incumbent Jair Bolsonaro. Most polls have shown Lula with a solid lead for months, but Bolsonaro signaled he […]
CashNews.co Vitru Limited FLORIANÓPOLIS, Brazil, Nov. 14, 2022 (GLOBE NEWSWIRE) — Vitru Limited (Nasdaq: VTRU) (“Vitru”) announces that its wholly owned subsidiary, Vitru Brasil Empreendimentos, Participações e Comércio S.A (“Vitru Brasil”), a corporation (sociedade anônima) formed under the laws of the Federative Republic of Brazil, has received its first local credit rating of “BrAA-”, attributed […]
CashNews.co VINCI Nanterre, December 1, 2022 VINCI signs an agreement to acquire a motorway concessionaire in Brazil Acquisition of 55% of Interviewswhich holds the concession for two tolled motorway sections in São Paulo State until 2047 A concession to operate and maintain 570 km of motorway including widening of a 210 km section VINCI Concessions continues […]
CashNews.co * Lula sworn in on Sunday, slams Bolsonaro’s threats * Brazil finance minister vows to ‘restore’ public accounts * Next Petrobras CEO says he will change fuel price policy * Peru’s CPI up 0.79% in Dec; annual inflation reaches 26-yr high (New throughout, updates prices, market activity and comments) By Bansari Mayur Kamdar Jan […]
CashNews.co SAO PAULO (Reuters) – Harvesting of Brazil’s 2022/2023 soybean crop had reached 0.04% of the national planted area on Thursday last week, compared with 0.2% at the same time a year earlier, agribusiness consultancy AgRural said on Monday. The consultancy cited disruption to field work because of wet conditions in states including top soybean […]
CashNews.co (Adds context) BRASILIA, Feb 27 (Reuters) – The Brazilian government is closely monitoring the credit market to ensure liquidity and considering measures for specific sectors, Treasury Secretary Rogerio Ceron said on Monday. His comments come amid concerns of the new leftist administration of President Luiz Inacio Lula da Silva regarding the impact of high […]
CashNews.co (Recasts with Lula comments) BRASILIA, March 15 (Reuters) – Brazil President Luiz Inacio Lula da Silva on Wednesday said the proposal for a new fiscal framework prepared by Economy Minister Fernando Haddad will be announced before their trip to China next week. “I haven’t seen it yet. I had a first talk with Haddad, […]
CashNews.co Brazil’s president urged BRICS countries to develop a new currency and move away from the dollar. That comes as Brazil and China strengthen ties, recently agreeing to use the yuan in cross-border trade. However, analysts see de-dollarization as unlikely, given the lack of good replacements. Brazil President Luiz Inácio Lula da Silva has urged […]