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Brazil's central bank cut its benchmark interest rate by 50 basis points on Wednesday, kicking off a monetary easing cycle with a more aggressive reduction than most economists expected. ...
Delays and disappointments on revenue-boosting measures have made it harder for Brazil's government to balance its budget and erase a primary budget deficit by 2024, as promised in a new fiscal...
Brazilian electric utility Copel is planning to launch a public share offering of up to 5 billion reais , in which it will be privatized, between Tuesday and Wednesday, the company said on Tuesday. ...
Brazilian power company Eletrobras expects to invest between 70 billion and 80 billion reais over the next five years, the firm said on Monday. Of the total amount, 17.1 billion reais...
Brazilian real estate giant MRV&Co will prioritize profitability through price hikes over the growth of its sales volume, the firm's chief financial officer, Ricardo Paixao, told Reuters. ...