The latest purchase made by Coca-Cola in Mexico was recently announced after an acquisition spree across three continents was undertaken.
The central bank of Brazil had created an intervention plan of USD60 billion in loans and foreign currency swaps as inflation threatened the country's economy following the plunged of the real to a four year low this week.
Itau Unibanco Holding SA will contest tax charges amounting to BRL18.7 billion (USD7.9 billion).
Oi SA plunged following its announcement about an unexpected loss and reduction of its dividend payment.
A labor rights group reported that the Brazilian government filed a USD108 million lawsuit against Samsung for its labor violations.
Honda Motor Co announced its plans to build a new car plant in Brazil.
H.I.G. Capital announced the investment of its Brazilian affiliate in LG Sistemas.
The IFC had invested US$2 billion in Brazil amid sluggish economic growth and large demonstrations in the country.
Batista's worth went down 74% after losing more than US$30 billion.
Oi SA would sell its undersea cables and towers worth US$1 billion so that it could reinforce the funding for the company.
According to a source, the sale of ThyssenKrupp's Brazilian steel mill was not imminent.
Latin American currencies low as investors waited for results of Fed's meeting.
Petroleo Brasileiro SA's acquisition of Angolan LNG's first cargo was expected to lessen the shipping demand.
Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.
Subscribe to VCpost newsletter
Most Popular
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- Walmart Founder's Son Rob Walton to Step Down From Board
- SSI Payment for May 2024: Supplemental Security Income Recipients to See Double Amount in Payout
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger