SAO PAULO, Jan 11 Brazil's Bovespa has rocketed
to a 6.6 percent gain so far this year, making it the world's
second-best performing stock market, but exchange data shows a
persistent exodus of foreign capital in the early days of a new
SAO PAULO Brazil's Bovespa has rocketed to a 6.6 percent gain so far this year, making it the world's second-best performing stock market, but exchange data shows a persistent exodus of foreign capital in the early days of a new market-friendly administration.
SAO PAULO Investors on Friday welcomed the appointment of Santander executive Roberto Campos to head Brazil's central bank as a sign President-elect Jair Bolsonaro will entrust economic and monetary policy to a market-friendly team of economists.
SAO PAULO Brazilian stocks fell sharply on Monday after far-right lawmaker Jair Bolsonaro was elected president on a market-friendly agenda, as investors booked profits from a recent rally while waiting for new signs of progress on his agenda.
SAO PAULO Qatar Investment Authority's sold about 2.5 percent of Banco Santander Brasil SA for 2.3 billion reais ($737 million) in a restricted offering after banks exercised an option to buy extra units, the bank said on Thursday.
SAO PAULO Brazil's two largest food processors are striving to restore confidence in their quality controls as they pursue plans to list overseas units after a scandal over alleged bribery of health officials that triggered bans on Brazilian meat exports.
SAO PAULO, Jan 16 Brazilian retail and consumer
goods companies may post weak fourth-quarter results as the
worst recession on record continued to hurt the sales and
profitability of the country's largest brick-and-mortar chains,
analysts said on Monday.
SAO PAULO Brazil's BRF SA has launched a unit focused on the Muslim processed foods market, underscoring efforts by the world's No. 1 poultry exporter to gain market share in the oil-rich Middle East.
SAO PAULO, Sept 30 Decisions by Brazilian
shopping mall operators to cut tenants' rents are limiting store
vacancies, sparing operators from the nation's harshest economic
recession in eight decades and helping fuel a 45 percent jump in
their shares this year.
SAO PAULO, Aug 30 More Brazilian companies are
expected to tap equity markets for funding in coming months,
encouraged by less political turmoil and signs that the harshest
recession in eight decades is subsiding, analysts said on