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A consortium with Brazilian firm Comporte and a subsidiary of Beijing-based company CRRC was the only bidder and won an auction on Thursday for a 30-year concession to build a railway that would link...
Brazilian payment firm PagBank posted a 20% increase on its fourth quarter net profit from a year earlier, benefited from a rise in its total payment volume on acquiring business....
Including effects of hyperinflation in Turkey, where it also has large operations, net profit was 754 million reais, still much higher than analysts' forecasts of a net income of 339.57 million reais for BRF. A recovery of export markets and 66 new authorizations for BRF export plants also helped the company "to end the year better than it started," CEO Miguel Gularte said. Lower grain prices and better demand dynamics should continue throughout 2024, he said.
SAO PAULO (Reuters) - Brazilian financial exchange operator B3 posted on Thursday a 8.8% decrease in its fourth quarter net profit from a year earlier. B3 reported a 915.5 million reais ($184.56 million) net profit for the quarter ended in December...
By Anthony Boadle and Lisandra Paraguassu RIO DE JANEIRO (Reuters) -Western foreign ministers from the G20 group of nations meeting in Brazil on Wednesday attacked Russia for its invasion of Ukraine as Russian Foreign Minister Sergei Lavrov listened, diplomats said. “Russia must be made to pay for its aggression,” British Foreign Minister David Cameron told…