Tags: Brazil

Unidas plans for IPO

Unidas announced plans for a public offering. Unidas, the Brazilian car rental company, announced plans for a public offering. The company said that they plan to use the funds from the public offering to finance potential acquisitions.


HIG-Brazil invests in Brazilian ice cream maker

Creme Mel Sorvetes, mid-est Brazil's largest ice cream producer and distributor, gets investment from HIG Capital.

IFC defies bearishness in Brazil, invests US$2 billion

The IFC had invested US$2 billion in Brazil amid sluggish economic growth and large demonstrations in the country.

Brazil's richest loses more than US$30 billion, worth down 74%

Batista's worth went down 74% after losing more than US$30 billion. The richest man in Brazil, Eike Batista, saw his worth go down 74% this year.


Latest News

Latin American currencies low as investors waited for results of Fed's meeting. Latin American currencies changed little last Tuesday as investors waited for the results of the US Federal Reserve's latest 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.
The leading global mid-market investment bank furthers its bid to cater to Latin America and Brazil based clients with the acquisition of Stratus Group's financial advisory division.
Brazil's benchmark Bovespa stock index increased by 2% after investors picked up Vale and OGX. On Thursday, Brazil's benchmark Bovespa stock index increased by 2%.
The protests in Brazil, Egypt and Turkey should push governments around the world to provide crucial public services and opportunities to their citizens.
Brazilian are hitting the streets to show dissatisfaction Brazil citizens are hitting the streets in mass protests as they rally poor public schools, hospitals and transport.
BHG announces the signing of a memorandum of understanding with Castelari Construtora Ltda. (Photo : Reuters)Brazil Hospitality Group announces signing memorandum of understanding with Castelari Brazil Hospitality Group (BHG) announced the signing of a memorandum of understanding with Castelari Construtora Ltda.
Brazil increased bid price for Libra, the world's largest oil find from US$4.6 billion to US$7 billion.
Brazil's CVM is investigating the put option of OGX initiated by its billionaire owner Eike Bautista.
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