Brazil Inflation Cools as Central Bank Commits to Rate Cuts
Brazil’s annual inflation slowed roughly in line with expectations in early November, approaching the target range as central
2023-11-28 20:45
Americanas to Get $4.9 Billion Capital Increase in Creditor Deal
Brazilian retailer Americanas SA reached an agreement with bank creditors to overhaul some of its debt, in a
2023-11-27 21:51
Companies Are Dropping Carbon Offsets, But Still Buying the Worst Ones
Carbon offsets once looked primed for unstoppable growth. Analysts had forecast that the credits, which claim to wipe
2023-11-27 13:22
Iron Ore Falls as China Warns of More Supervision to Curb Prices
Iron ore declined after its longest streak of weekly gains since January, hit by Beijing’s latest warnings about
2023-11-27 10:57
Americanas Nears Agreement With Banks to Restructure Debt
A deal between Americanas SA and bank creditors to overhaul the Brazilian retailer’s debt could be reached as
2023-11-24 22:57
GIC-Backed AESC Said to Target $10 Billion Value in New Round
AESC Group is targeting a valuation of about $10 billion in its latest funding round, according to people
2023-11-24 09:56
Petrobras Lifts Business Plan 31% in Major Shift Under Lula
Brazil’s state-controlled oil giant Petrobras announced a 31% increase to its five-year investment plan in a major shift
2023-11-24 07:18
LNG Cargo Diverted to Brazil as Hot Weather Drive Up Power Demand
Brazilian state energy company Petroleo Brasileiro SA is the buyer of at least one diverted tanker carrying liquefied
2023-11-22 10:49
Petrobras Chief Executive Defends Current Oil Price Policy
Brazil’s state-controlled oil giant Petroleo Brasileiro SA will continue with its current price policy, making adjustments only when
2023-11-20 05:54
Meat Producer JBS Reopens Fire-Hit Beef Plant as Brazil Cattle Supplies Grow
JBS SA, the world’s largest meat producer, will reopen a Brazilian beef processing plant that had been shut
2023-11-18 02:57
Americanas Releases Late Earnings in Step Toward Debt Deal
Troubled Brazilian retailer Americanas SA released long-delayed financial reports, a key step toward reaching a debt restructuring deal
2023-11-16 20:48
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:59