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United Kingdom

Gabriela Mello

UPDATE 2-Brazil's Magazine Luiza aims to transform into 'super app'

13 Dec 2019

SAO PAULO, Dec 13 Brazilian retailer Magazine Luiza SA plans to launch new financial services to both customers and third-party sellers from its e-commerce platform in January, executives said on Friday.

Amazon.com to open distribution center in Northeastern Brazil in 2020

12 Dec 2019

SAO PAULO Amazon.com Inc said on Thursday it will open a distribution center in the northeastern state of Pernambuco, its second in Brazil, strengthening its logistics infrastructure to speed up deliveries and ultimately expand its footprint.

Brazil's GPA sees wholesale chain Assaí sales hitting $12 billion by 2022

11 Dec 2019

SAO PAULO Brazil's GPA sees its wholesale unit Assaí reaching 50 billion reais ($11.91 billion) in gross sales by the end of 2022 from expected 30 billion reais this year, as the food retailer continues to organically expand its operations, its chief executive said on Wednesday.

Brazil inquiry targets Oi, Vivo over deals linked to Lula's son

10 Dec 2019

SAO PAULO/BRASILIA Brazilian authorities widened a political graft investigation on Tuesday to target telecom firms Oi and Telefonica Brasil over alleged irregular payments to a company part-owned by the son of former President Luiz Inacio Lula da Silva.

CORRECTED (OFFICIAL)-UPDATE 2-Brazil inquiry targets Oi, Vivo over deals linked to Lula's son

10 Dec 2019

SAO PAULO/BRASILIA, Dec 10 Brazilian authorities widened a political graft investigation on Tuesday to target telecom firms Oi and Telefonica Brasil over alleged irregular payments to a company part-owned by the son of ex-president Luiz Inacio Lula da Silva.

Brazil's TIM considers acquisition of Oi's mobile unit: CEO

05 Dec 2019

SAO PAULO Brazilian wireless carrier TIM Participações SA will consider acquiring the mobile unit of its struggling rival OI SA if it is put up for sale, Chief Executive Pietro Labriola said on Thursday.

UPDATE 1-Brazilian carrier Oi to double B2B segment capex in 2020 -exec

04 Dec 2019

SAO PAULO, Dec 4 Brazilian carrier Oi SA plans to double capital expenditure in its business-to-business segment in 2020 compared with 2019, executives said on Wednesday.

Cosmetics maker Natura urges Brazil to protect Amazon after fires hit suppliers

02 Dec 2019

SAO PAULO Brazilian cosmetics maker Natura & Co is pressing government officials, the private sector and local communities to bolster environmental protections in the Amazon after fires this year disrupted its supply chain, its chief executive told Reuters.

Cosmetics maker Natura urges Brazil to protect Amazon after fires hit suppliers

02 Dec 2019

SAO PAULO, Dec 2 Brazilian cosmetics maker Natura & Co is pressing government officials, the private sector and local communities to bolster environmental protections in the Amazon after fires this year disrupted its supply chain, its chief executive told Reuters.

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