CashNews.co Banco Central do Brasil, the central bank of Brazil, has selected 14 institutions to participate in the pilot run of the country’s central bank digital currency (CBDC) named Real Digital. See related article: Singapore’s central bank partners New York Fed to explore wholesale CBDCs Fast facts The central bank will begin incorporating participants into […]
Chris Hemsworth ran into Arnold Schwarzenegger at a gym in Brazil and they worked out together #NewsBrazil
CashNews.co What happens when two action stars run into each other at the gym? One would expect something along the lines of this: via GIPHY Especially when one of those action stars is Arnold Schwarzenegger. But for Chris Hemsworth, he got to accomplish a “dream come true” and worked out with the bodybuilding legend. Both […]
Itaú Chile Files Material Event Notice announcing the Results of the Tender Offer launched by ITB Holding Brasil Participações Ltda. #NewsBrazil
CashNews.co Itau Bank Chile SANTIAGO, Chile, July 10, 2023 (GLOBE NEWSWIRE) — ITAÚ BANK CHILE (NYSE: ITCL; SSE: ITAUCL) announced that on July 8, 2023, it filed a Material Event Notice reporting the notice of results of the tender offer launched by ITB Holding Brasil Participações Ltda. (the “Offeror”) both in Chile and in the […]
Watch Brasil Selects Amdocs’ Vubiquity Content Platform and Services to Power its Streaming Service #NewsBrazil
CashNews.co Vubiquity’s content platform and catalog licensing will deliver a wide array of video-on-demand and transactional content to millions of consumers JERSEY CITY, NJ / ACCESSWIRE / August 2, 2023 / Amdocs (NASDAQ:DOX), a leading provider of software and services to communications and media companies, today announced that Vubiquity, an Amdocs company, has been selected […]
Carrefour Brasil’s wholesale unit adds 15,000 jobs in first half of 2023 #NewsBrazil
CashNews.co By Carolina Pulice MEXICO CITY (Reuters) – The wholesale arm of Carrefour Brasil added 15,000 direct and indirect jobs in the first six months of 2023, the retailer said on Thursday, as it continues to expand in South America’s largest nation. The unit, Atacadao, which operates warehouse stores and distribution centers across Brazil, did […]
Pix revolutionizes financial transactions in Brazil, boosts financial inclusion #NewsBrazil
CashNews.co In a significant shift in Brazil’s financial landscape, Pix, an instant money transfer tool, has become the most common form of payment by transaction volume, outpacing traditional non-cash methods. Central bank data reveals that Pix accounted for 29% of transfers in 2022 and recorded 153 million transactions totaling R$76 billion ($15.3 billion) in a […]
UPDATE 2-Brazil services activity below all estimates in August #NewsBrazil
CashNews.co (Adds background, economist comments) SAO PAULO, Oct 17 (Reuters) – Services activity in Brazil disappointed markets in August, posting its worst monthly performance in four months and missing all estimates after a major drop in transportation activity, data from statistics agency IBGE showed on Tuesday. The August undershoot may weigh on the overall performance […]
Banco Santander (Brasil) SA’s Dividend Analysis #NewsBrazil
CashNews.co An In-depth Look at the Bank’s Dividend Performance and Sustainability Banco Santander (Brasil) SA(NYSE:BSBR) recently announced a dividend of $0.08 per share, payable on 2023-11-20, with the ex-dividend date set for 2023-10-20. As investors look forward to this upcoming payment, the spotlight also shines on the company’s dividend history, yield, and growth rates. Using […]
GM workers in Brazil go on strike in protest against layoffs #NewsBrazil
CashNews.co SAO PAULO (Reuters) – Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out by the U.S.-based automaker in the country, according to a union that represents them. The strike for an “indefinite period of time” happens as GM announced it was reducing […]
Brazil’s Petrobras board supports rules for political appointments #NewsBrazil
CashNews.co By Marta Nogueira RIO DE JANEIRO (Reuters) -Brazilian state-run oil company Petrobras said on Monday that its board voted to change its bylaws, and two people with knowledge of the matter said the move would pave the way for politicians to occupy top positions at the company. The change, which is subject to shareholder […]