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Brazil raises $600 million in privatization auction of 22 airports By Aluisio Alves and Alberto Alerigi FILE PHOTO: Labourers work on the expansion of the Afonso Pena airport in preparation for the 2014 World Cup in Curitiba SAO PAULO (Reuters) – Brazil on Wednesday auctioned 22 airports, raising 3.3 billion reais ($593.11 million), with the largest group of airports won by infrastructure company CCR , part of a wave of privatizations that the government is pushing. “We had an extraordinary result in this auction, despite the fact that the COVID pandemic strongly affected all...

Inflation, Political Woes Risk Brazil Rebound, Banker Says Bloomberg 3/5/2021 Cristiane Lucchesi and Felipe Marques (Bloomberg) -- Political rifts and escalating inflation in Brazil risk hampering the economic recovery, according to Jose Berenguer, the chief executive officer of Banco XP SA, the banking unit of XP Inc. Popular Searches “The situation is delicate,” Berenguer said in a virtual editorial board meeting with Bloomberg journalists. “The fact that the pandemic seems to be accelerating, the lack of vaccination, the political noise” -- all are weighing on the...

XP Inc. (XP) Q4 2020 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. XP Inc. (NASDAQ: XP) OK. Let's start. Good evening, everyone. [Foreign language] Welcome to XP Inc.'s earnings conference call for the quarter ended on December 31, 2020. I am André Martins, investor relations at XP Inc. First of all, we would like to thank you all for the interest in our call and participation and also make myself and the rest of the IR team available, [Inaudible] Natalia -- Natali, sorry, for any future touch points and follow...

Press release content from Business Wire. The AP news staff was not involved in its creation. XP Inc. (“XP”) Agrees to Terms With Itaú in Connection With Itaú’s Spin-Off of Its Investment in XP February 1, 2021 GMT SÃO PAULO--(BUSINESS WIRE)--Feb 1, 2021-- XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today, following the press release issued on November 27, 2020, that it has entered into two agreements as the consenting party in connection with the spin-off by Itaú Unibanco Holding ...

Range from -2.0% to 2.0% Effective tax rate   Range from 34.0% to 36.0% (1) Includes units abroad ex-Latin America; (2) Includes financial guarantees provided and corporate securities;(3) Includes Result from Loan Losses, Impairment and Discounts Granted; (4) Commissions and Fees (+) Income from Insurance, Pension Plan and Premium Bonds Operations (-) Expenses for Claims (-) Insurance, Pension Plan and Premium Bonds Selling Expenses; (5) 2021 guidance does not consider XP Inc. equity result starting in February 2021. It is noteworthy mentioning, currently, the Company considers, for manage...