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Shares of Brazil's Casas Bahia jump on debt restructuring plan

Shares in Brazilian
retailer Casas Bahia soared on Monday after the firm
unveiled an agreement to restructure 4.1 billion reais in debt, extending the average maturity of...

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Shares of Brazil's Casas Bahia jump over 30% on debt restructuring plan

Shares in Brazilian
retailer Casas Bahia soared on Monday after the firm
unveiled an agreement to restructure 4.1 billion reais in debt, extending the average maturity of...

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Brazil's pet product retailers Petz, Cobasi sign merger memorandum

Brazil's Petz said on Friday it had agreed to merge with rival Cobasi in a cash and share swap deal that would create the country's largest pet product retailer.
Shares in Petz...
-April 19, 2024 at 11:17 am EDT
- MarketScreener

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Brazil airline Azul hikes 2024 earnings forecast on 'robust' demand

Brazilian carrier Azul on Thursday bumped up its estimate for core earnings in 2024 as air travel demand in Latin America's largest economy remains at robust levels, helping Azul despite capacity...

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Cosmetics group Natura's shares rise with higher margin, dividends even as loss widens

Shares in Brazilian
cosmetics maker Natura&Co rose more than 6% on Tuesday as
positive margin trends and the announcement of dividends offset
the fact that its quarterly loss more than tripled from a...

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Brazil's Votorantim enters race for InterCement assets

Brazil's largest cement
producer, Votorantim Cimentos, said on Friday it has submitted
an offer for assets owned by InterCement Brasil, entering the
race after peer CSN presented a bid.
...

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Brazil sustainability rules should not make cars more expensive, Volkswagen says -February 15, 2024 at 01:06 pm EST

Brazil's new incentive
program to promote investment in sustainability by the country's
auto sector needs to avoid making vehicles more expensive,
Volkswagen's head of Brazil Ciro Possobom said.
...

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Brazil sustainability rules should not make cars more expensive, Volkswagen says

Brazil sustainability rules should not make cars more expensive, Volkswagen says
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Brazil sustainability rules should not make cars more expensive, Volkswagen says

Brazil's new incentive program to promote investment in sustainability by the country's auto sector needs to avoid making vehicles more expensive, Volkswagen's head of Brazil Ciro Possobom said. Late last year, the Brazilian government introduced general guidelines for its Mover automotive program, which is set to give tax breaks to automakers that invest in sustainability and establish new obligations to reduce the industry's environmental impact. Earlier this month, Volkswagen announced an additional $1.8 billion to be invested in the country between 2026 and 2028, with a large part of it going towards new vehicles, including hybrids and electric models.

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Brazil's Itau Unibanco eyes extraordinary dividend on 2024 earnings

Brazilian lender Itau
Unibanco may pay out extraordinary dividends for
2024, CEO Milton Maluhy Filho said on Tuesday, a day after the
bank announced it would pay 11 billion reais
from the previous...

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