Edition:
United Kingdom

Gabriela Mello

Petrobras signs deal with Brazil regulator for sale of refining assets

11 Jun 2019

SAO PAULO Brazil's state-controlled oil company Petroleo Brasileiro SA said on Tuesday it has signed a deal with local antitrust regulator CADE regarding the proposed sale of some of its refining installations.

UPDATE 1-Shares of Brazilian mall operator Aliansce jump after Sonae Sierra merger deal

07 Jun 2019

SAO PAULO, June 7 Shares of Brazilian malls operator Aliansce Shopping Centers SA were up 7% in Sao Paulo stock exchange, at 23 reais, after the announcement of a merger with smaller rival Sonae Sierra Brasil S.A..

Brazil retailer Via Varejo launches digital bank targeting low-income clients

05 Jun 2019

SAO PAULO Brazilian electronics and appliance retailer Via Varejo launched a digital bank targeting low-income clients in partnership with Boston-based startup Airfox, according to a filing on Wednesday.

Brazilian brewer Ambev signs $36 million deal to build solar plants

05 Jun 2019

SAO PAULO Ambev SA said on Wednesday it has signed contracts with four partners to build solar plants in Brazil that will supply clean energy to all of the brewing company's 94 distribution centers in the country by the end of March 2020.

Brazilian brewer Ambev signs $36 million deal to build solar plants

05 Jun 2019

SAO PAULO, June 5 Ambev SA has signed contracts with four partners to build solar plants in Brazil that will supply clean energy to all of the brewing company's 94 distribution centers in the country by the end of March 2020.

UPDATE 1-MercadoLibre opens three new e-commerce distribution centers in LatAm

04 Jun 2019

SAO PAULO, June 4 Online marketplace MercadoLibre Inc is investing heavily in logistics in Latin America, opening three new distribution centers in Argentina, Brazil and Mexico this year to speed up deliveries amid stiff competition.

MercadoLibre to build 3 e-commerce distribution centers in LatAm

04 Jun 2019

SAO PAULO, June 4 Online marketplace MercadoLibre Inc is investing heavily in logistics in Latin America, opening three new distribution centers in Argentina, Brazil and Mexico this year to speed up deliveries in the face of stiff competition.

Exclusive: Host Hotels to sell 3 Rio properties, exit Brazil - sources

30 May 2019

SAO PAULO U.S. hospitality group Host Hotels & Resorts Inc plans to sell its three hotels in Rio de Janeiro and exit the Brazil market, three people familiar with the matter said, as it unloads weaker assets and focuses on its core North American operations.

Brazil stocks to outperform Mexico but pension reform anxiety clouds 2020

29 May 2019

SAO PAULO Brazilian stocks are expected to post double-digit gains this year, outperforming the Mexican market, as President Jair Bolsonaro's new government pushes ahead on key economic reforms, according to a quarterly Reuters survey.

Brazil's SBF Group makes counteroffer for Netshoes

24 May 2019

SAO PAULO Brazil's Grupo SBF SA, owner of sporting goods retailer Centauro, has submitted a counteroffer of $2.80 per share to acquire online shoe retailer Netshoes Ltd, the company said in a filing on Thursday.

World News