Business financial news

Brazil's Banco Safra buys Alfa financial conglomerate for $192 mln
November 24, 2022 12:06 PM AEDT | By ReutersBy Tatiana Bautzer SAO PAULO, Nov 23 (Reuters) - Brazilian bank Banco Safra acquired control of financial conglomerate Alfa for 1.03 billion reais ($1...

Brazil's Hapvida says co-CEO Machado Filho has resigned
November 22, 2022 10:59 PM AEDT | By ReutersSAO PAULO, Nov 22 (Reuters) - Brazilian healthcare company Hapvida Participacoes e Investimentos SA said on Tuesday that co-chief executive Irlau Mach...

PRESS DIGEST - Wall Street Journal - Nov 21
November 21, 2022 04:46 PM AEDT | By ReutersNov 21 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their a...

Afya Ltd <AFYA.O>: Profits of R$1.38 per share anticipated for...
November 19, 2022 08:16 AM AEDT | By Reuters18 November 2022 09:16 p.m. All figures in Brazilian reais. Afya Ltd is expected to show an increase in its third quarter earnings to R$1.38 per shar...

China's BYD expands electric vehicle operation in Brazil
November 18, 2022 04:25 AM AEDT | By ReutersBy Alberto Alerigi SAO PAULO (Reuters) - Chinese automaker BYD Co Ltd will start selling two new electric vehicle models in Brazil this month, betting...

Brazil's Rumo concludes sale of 80% stake in EPSA
November 16, 2022 09:16 PM AEDT | By ReutersNov 16 (Reuters) - Rumo SA: * BRAZIL'S RUMO: CONCLUDES SALE OF ITS 80% STAKE IN EPSA FOR 1.4 BILLION REAIS, PLUS 150 MILLION REAIS IN DIVIDENDS * BRAZ...

Brazil's Treasury presents new fiscal anchor for debate
November 15, 2022 01:30 AM AEDT | By ReutersBRASILIA (Reuters) - Brazil's Treasury on Monday presented a proposal for a new fiscal anchor that aims to replace three rules currently in force with...

Brazil's economic activity resumes growth in September, but below ex...
November 14, 2022 11:34 PM AEDT | By ReutersBRASILIA (Reuters) - Economic activity in Brazil resumed expansion in September, though below expectations, still ending the quarter with positive dat...

Nu Holdings Ltd <NU.N>: Profits of 1 cents per share anticipat...
November 12, 2022 12:30 PM AEDT | By Reuters12 November 2022 01:30 a.m. All figures in US dollars. Nu Holdings Ltd is expected to report third quarter earnings of 1 cents per share according to...

Motor racing-Mercedes F1 team suspends partnership with FTX
November 12, 2022 12:27 AM AEDT | By ReutersSAO PAULO, Nov 11 (Reuters) - The Mercedes Formula One team said on Friday they had suspended a partnership agreement with troubled cryptocurrency exc...

Embraer SA <ERJ.N>: Profits of 9 cents per share anticipated f...
November 11, 2022 11:27 PM AEDT | By Reuters11 November 2022 12:27 p.m. All figures in US dollars. Embraer SA is expected to show an increase in its third quarter earnings to 9 cents per share...

Itau Unibanco Holding SA <ITUB.K>: Profits of 16 cents announ...
November 11, 2022 09:44 AM AEDT | By Reuters10 November 2022 10:43 p.m. All figures in US dollars. The profits announced by Itau Unibanco Holding SA in the third quarter were on par with the Re...

What to Watch in the Day Ahead - Friday, November 11
November 11, 2022 06:30 AM AEDT | By Reuters(The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead...

Natura & Co Holding SA <NTCO3.SA>: Losses of 41 centavos...
November 10, 2022 03:12 PM AEDT | By Reuters10 November 2022 04:12 a.m. All figures in Brazilian reais. The loss announced by Natura & Co Holding SA in the third quarter were lower than the...

Brazilian beauty giant Natura scraps earnings targets as losses moun...
November 10, 2022 02:11 PM AEDT | By Reuters(Recasts with withdrawn guidance, adds detail) Nov 9 (Reuters) - Brazilian cosmetics maker Natura & Co Holding SA on Wednesday posted a third stra...

Cosan SA <CSAN3.SA>: Profits of 26 centavos per share anticipa...
November 10, 2022 06:02 AM AEDT | By Reuters9 November 2022 07:02 p.m. All figures in Brazilian reais. Cosan SA is expected to show a decrease in its third quarter earnings to 26 centavos per s...

LATAM POLITICS TODAY-Panama judge calls two ex-presidents to trial i...
November 10, 2022 04:04 AM AEDT | By Reuters* Mexico says it can't buy genetically modified corn from U.S. * Peru's PM challenges Congress in new clash between state powers * U.S. criticizes mov...

Gerdau SA <GGB>: Profits of R$2.00 announced for third quarter
November 09, 2022 11:30 PM AEDT | By Reuters9 November 2022 12:30 p.m. All figures in Brazilian reais. The profits announced by Gerdau SA in the third quarter were higher than the Refinitiv mea...

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP <SBS...
November 09, 2022 11:09 AM AEDT | By Reuters9 November 2022 12:09 a.m. All figures in Brazilian reais. Companhia de Saneamento Basico do Estado de Sao Paulo SABESP is expected to show an increas...

XP Inc Reports Third Quarter Financial Results
November 09, 2022 09:45 AM AEDT | By ReutersNov 8 (Reuters) - XP Inc: * XP INC. REPORTS THIRD QUARTER FINANCIAL RESULTS * XP INC Q3 REVENUE ROSE 13 PERCENT TO BRL 3.8 BILLION Source text for Eik...
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