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Real’s drop weakens Brazilian companies' earnings in dollars in 3Q24

Brazilian companies faced financial challenges in Q3 due to currency depreciation. Morgan Stanley predicts continued difficulties into 2025 and favors stocks with better microeconomic indicators.

investing.com • 03/12/2024 - 11:51 AM

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Connecticut trader convicted in Petrobras bribery case

A Connecticut trader was convicted for bribing Petrobras officials to secure business for two companies, facing charges like money laundering and conspiracy.

investing.com • 26/09/2024 - 21:53 PM

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Connecticut trader convicted in Petrobras bribery case

A Connecticut trader was convicted of bribing Petrobras officials, facilitating business for two companies. He faces multiple charges, including money laundering and conspiracy, amid broader corruption investigations.

investing.com • 26/09/2024 - 21:53 PM

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Brazil's government considers taxing big techs if revenue falls short

Brazil's Finance Ministry plans to propose taxes on tech firms and a global minimum tax to meet fiscal goals amid skepticism regarding projected revenues for 2025.

investing.com • 02/09/2024 - 15:10 PM

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Brazil stocks higher at close of trade; Bovespa up 0.95%

Brazil's stock market rose, led by Basic Materials and Financials, with the Bovespa gaining 0.95%. Best performers included Petroleo Brasileiro, while Cvc Brasil fell significantly.

investing.com • 26/08/2024 - 20:30 PM

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Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say

Petrobras is finalizing due diligence for a bid to reacquire the Mataripe refinery, originally sold to Mubadala, amid ongoing negotiations over structure and pricing.

investing.com • 26/07/2024 - 10:03 AM

Real’s drop weakens Brazilian companies' earnings in dollars in 3Q24

Connecticut trader convicted in Petrobras bribery case

Connecticut trader convicted in Petrobras bribery case

Brazil's government considers taxing big techs if revenue falls short

Brazil stocks higher at close of trade; Bovespa up 0.95%

Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say

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