Business financial news


 Brazil's Banco Safra buys Alfa financial conglomerate for $192 mln

Brazil's Banco Safra buys Alfa financial conglomerate for $192 mln

November 24, 2022 12:06 PM AEDT | By Reuters

By 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

Brazil's Hapvida says co-CEO Machado Filho has resigned

November 22, 2022 10:59 PM AEDT | By Reuters

SAO 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

PRESS DIGEST - Wall Street Journal - Nov 21

November 21, 2022 04:46 PM AEDT | By Reuters

Nov 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 third quarter

Afya Ltd &lt;AFYA.O&gt;: Profits of R$1.38 per share anticipated for...

November 19, 2022 08:16 AM AEDT | By Reuters

18 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

China's BYD expands electric vehicle operation in Brazil

November 18, 2022 04:25 AM AEDT | By Reuters

By 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

Brazil's Rumo concludes sale of 80% stake in EPSA

November 16, 2022 09:16 PM AEDT | By Reuters

Nov 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

Brazil's Treasury presents new fiscal anchor for debate

November 15, 2022 01:30 AM AEDT | By Reuters

BRASILIA (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 expectations

Brazil's economic activity resumes growth in September, but below ex...

November 14, 2022 11:34 PM AEDT | By Reuters

BRASILIA (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 anticipated for third quarter

Nu Holdings Ltd &lt;NU.N&gt;: Profits of 1 cents per share anticipat...

November 12, 2022 12:30 PM AEDT | By Reuters

12 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

Motor racing-Mercedes F1 team suspends partnership with FTX

November 12, 2022 12:27 AM AEDT | By Reuters

SAO 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 for third quarter

Embraer SA &lt;ERJ.N&gt;: Profits of 9 cents per share anticipated f...

November 11, 2022 11:27 PM AEDT | By Reuters

11 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 announced for third quarter

Itau Unibanco Holding SA &lt;ITUB.K&gt;: Profits of 16  cents announ...

November 11, 2022 09:44 AM AEDT | By Reuters

10 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

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 announced for third quarter

Natura &amp; Co Holding SA &lt;NTCO3.SA&gt;: Losses of 41  centavos...

November 10, 2022 03:12 PM AEDT | By Reuters

10 November 2022 04:12 a.m. ​All figures in Brazilian reais. The loss announced by Natura &amp; Co Holding SA in the third quarter were lower than the...

 Brazilian beauty giant Natura scraps earnings targets as losses mount

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 &amp; Co Holding SA on Wednesday posted a third stra...

 Cosan SA <CSAN3.SA>: Profits of 26 centavos per share anticipated for third quarter

Cosan SA &lt;CSAN3.SA&gt;: Profits of 26 centavos per share anticipa...

November 10, 2022 06:02 AM AEDT | By Reuters

9 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 in Odebrecht probe

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

Gerdau SA &lt;GGB&gt;: Profits of R$2.00 announced for third quarter

November 09, 2022 11:30 PM AEDT | By Reuters

9 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 <SBSP3.SA>: Profits of 73 centavos per share anticipated for third quarter

Companhia de Saneamento Basico do Estado de Sao Paulo SABESP &lt;SBS...

November 09, 2022 11:09 AM AEDT | By Reuters

9 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

XP Inc Reports Third Quarter Financial Results

November 09, 2022 09:45 AM AEDT | By Reuters

Nov 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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