SAO PAULO Brazil's securities industry watchdog CVM is expected to launch an investigation on Monday following the announcement by President Jair Bolsonaro of the change of CEO at state-controlled oil company Petrobras, according to one source with knowledge of the matter.
SAO PAULO, Jan 7 Brazilian online home goods
platform MadeiraMadeira has raised $190 million in a new funding
round that valued it above $1 billion, the company said on
SAO PAULO MercadoLibre Inc , Latin America's largest ecommerce company which has experienced dramatic growth due to COVID-19 lockdowns, is not being pursued by global rivals as an acquisition target, its chief executive told Reuters.
SAO PAULO Unilever PLC chose Brazil, which boasts the second largest population of dogs and cats in the world, to launch a line of pet care products as it tries to offset lower sales of more traditional consumer goods.
SAO PAULO, Nov 10 Unilever PLC chose
Brazil, which boasts the second largest population of dogs and
cats in the world, to launch a line of pet care products on
Tuesday as it tries to offset lower sales of more traditional
SAO PAULO Amazon said on Monday it had opened three more logistics centers in Brazil to take advantage of the boost the COVID-19 pandemic has given to e-commerce in South America's largest economy.
SAO PAULO, Oct 27 Mortgage loans with resources
from the Brazilian Savings and Loan System (SBPE) reached 12.9
billion reais ($2.29 billion) in September, up 70.1% over the
same period in 2019, reaching a record, mortgage lender
association Abecip reported on Tuesday.
SAO PAULO Brazilian ride-hailing service 99, controlled by China's Didi Chuxing Technology Co Ltd, has partnered with WhatsApp to accept orders on the chat platform owned by Facebook in a move that would allow users to summon cars without using another app.
SAO PAULO Brazilian food retailer GPA is considering spinning off its Assai wholesale unit via an initial public offering, it said in a securities filing on Wednesday.
SAO PAULO, Aug 31 Brazil's largest reinsurer,
IRB Brasil Resseguros SA, has concluded a 2.3 billion
reais ($420 million) capital increase to address liquidity
issues, but has not yet fully met regulatory requirements, its
interim chief executive said on Monday.