SAO PAULO Franklin Templeton has invested $30 million in Brazilian-Israeli fintech Weel as part of the U.S. asset manager's strategy to increase its footprint in Brazil and the rest of Latin America, according a statement on Thursday.
SAO PAULO Brazilian petrochemical company Braskem SA expects to file its 2017 20-F form with the Securities and Exchange Commission before May 16 to avoid the delisting of its shares from the New York Stock Exchange, Chief Financial Officer Pedro Freitas said on Thursday.
SAO PAULO Brazilian airline Azul SA on Monday said it will seek to buy certain assets held by struggling rival Avianca Brasil for $105 million, on the same day a local court allowed the carrier to hold onto its planes despite mounting missed payments.
SAO PAULO, Feb 21 Cia Siderúrgica Nacional SA
, Brazil's second-largest producer of flat steel
products, said on Thursday it was considering selling its
preferential shares in larger rival Usinas Siderúrgicas de Minas
SAO PAULO/DETROIT Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world.
SAO PAULO, Feb 7 Brazilian food processor BRF SA
on Thursday fell short of raising 5 billion reais at
the end of an asset sale program, causing shares of the world's
largest chicken exporter to drop by almost 5 percent.
SAO PAULO JBS SA's newly appointed chief executive said on Wednesday he will seek to boost the Brazilian meatpacker's profit margins and sees a large potential for growth in the United States' market for processed products.
SAO PAULO, Nov 27 Brazilian restaurant operator
International Meal Company Alimentação SA is expected
to call a shareholder meeting to consider adding takeover
protection to its bylaws on Dec. 13, a source with knowledge of
the matter said.
SAO PAULO Brazilian steelmaker Gerdau SA, which has significant operations in the United States, expects its U.S. bottom line to continue benefiting from import tariffs on the metal and is looking to expand its output there, but is struggling to find workers to fill jobs.
SAO PAULO, Nov 22 Brazilian steelmaker Gerdau SA
, which has significant operations in the United
States, expects its U.S. bottom line to continue benefiting from
import tariffs on the metal and is looking to expand its output
there, but is struggling to find workers to fill jobs.