Mon, Oct 20 2014
Brazilian power generator Eneva SA has reached a deal with creditors to suspend debt-servicing payments until Nov. 21 in order to preserve its cash flow and stabilize the company's operations, according to a late Friday securities filing.
Tue, Oct 7 2014
Luxembourg-based steelmaker Ternium said on Tuesday it lost a court case to have the former chief executive of Usiminas Julian Eguren reinstalled at the helm of the Brazilian company.
Mon, Oct 6 2014
Companies in Brazil filed 181 requests for bankruptcy protection in September, up 21.5 percent from August in the worst monthly result so far this year, credit research company Serasa Experian said on Monday. Compared with the same month a year earlier, the number of bankruptcy requests rose 16 percent.
Tue, Aug 19 2014
RIO DE JANEIRO, April 19 - Shares in Brazilian tycoon Eike Batista's iron ore miner MMX Mineracao e Metalicos SA fell nearly 6 percent to an all-time low on Tuesday on a report that the company is going to ask a Brazilian court for protection from creditors.
Thu, Aug 7 2014
Claro Telecom Participações SA, the Brazilian wireless unit of Mexican telecom America Movil SAB de CV, asked Brazil securities regulator CVM on Thursday for permission to become a publicly listed company.
Fri, Jul 18 2014
Seven of Brazil's biggest banks said on Friday they had reached a deal to expand their shared ATM network, Banco24Horas.
Mon, Jul 14 2014
SAO PAULO, July 14 - The founding family of Brazil's biggest retailer, GPA SA, sold almost all of its remaining stake in the company, now run by French group Casino, on Monday, raising 1.19 billion reais ($538 million).
Mon, Apr 28 2014
Sales of new vehicles in Brazil have climbed about 30 percent so far this month from the same period of March, the president of national carmakers group Anfavea told journalists on Monday.
Wed, Mar 12 2014
Aegea Saneamento e Participações, a Brazilian sanitation company, on Wednesday asked securities regulator CVM for permission to register as a publicly listed company, a step that often precedes issuance of new debt or shares.
Wed, Mar 5 2014
Brazilian tycoon Eike Batista's bankrupt shipmaker and sister oil company are extending tests in the offshore Tubarão Azul field until March 7, according to a Wednesday securities filing.
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.