SAO PAULO, Oct 15 Steelmakers Usiminas, CSN and
ArcelorMittal SA are planning to hike prices of steel
for November delivery in Brazil, analysts at investment bank BTG
Pactual wrote in a note to clients on Thursday.
SAO PAULO, Aug 14 Brazilian software company
Totvs SA on Friday bid 6.1 billion reais ($1.13
billion) to acquire rival Linx SA, challenging a
controversial takeover deal struck with payment processor
StoneCo Ltd earlier this week.
SAO PAULO, Aug 6 Brazilian home improvement
retailer Lojas Quero-Quero SA concluded on Thursday
an initial public offering that may raise 2.2 billion reais
($412.64 million), according to a securities filing.
SAO PAULO, July 9 Brazilian petrochemical giant
Braskem SA said on Thursday it had been told by
authorities in northeastern Brazil that residents of 1,918 homes
had to be evacuated due to a geological event it has been
accused of causing, and it was making an additional 1.6 billion
reais ($305 million) in provisions.
RIO DE JANEIRO, July 9 IRB Brasil Resseguros
on Thursday said its board had approved a capital
increase of up to 2.3 billion reais with the issuance of common
shares for private subscription at a price of 6.93 reais per
SAO PAULO, May 20 Brazilian food retailer GPA SA
will receive 500 million reais ($87.5 million) of an
874 million-real court tax award to former subsidiary Via Varejo
SA, according to securities filings and an internal Via Varejo
document seen by Reuters.
SAO PAULO Brazilian banks followed stock exchange operator B3 SA on Tuesday and announced they will keep normal hours this week despite plans by Sao Paulo city and state officials to declare an extended holiday to get workers to stay home and curb the spread of the novel coronavirus.
SAO PAULO, May 19 Brazilian stock exchange
operator B3 SA said on Tuesday its operations will be
open this week despite plans by Sao Paulo city and state
officials to declare an extended holiday to get workers to stay
home to reduce potential spread of the novel coronavirus.
SAO PAULO, May 19 Brazil's financial
institutions expressed dismay and confusion about plans for
early celebrations of three public holidays in the business hub
of Sao Paulo, an effort to close businesses for more days this
week to fight one of the world's worst outbreaks of the novel
SAO PAULO In a bleak year that has seen Brazil's Bovespa slump to the worst performance of any major world stock market amid a coronavirus-linked retreat from risk, electric motor maker Weg SA has been the index's improbable champion.