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Murray News

Controversial points of tax reform left out of advisory opinion

Inclusion of meat in the tax-exempt basic basket still under negotiation 07/05/2024 Reginaldo Lopes — Foto: Lula Marques/Agência Brasil After 40 days of debates, the advisory opinion of the rapporteur on the bill to regulate the tax reform introduced dozens of changes that were a consensus among the members of the Lower House working group—and, therefore, also […]

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5 de July de 2024/by Gelcy Bueno
Murray News

Braskem’s value plunges below Novonor’s R$15bn bank debt

Scenario is one of crisis in the sector, uncertainty over the sale of Novonor’s stake 07/05/2024 Braskem’s polypropylene production plant in West Virginia, U.S.: Petrochemical company has lost nearly R$20bn in market cap since resumption of sale process — Foto: Divulgação Braskem, amid a stalled sale and industry-wide slump, has seen its assets deteriorate. The […]

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5 de July de 2024/by Gelcy Bueno
Murray News

Azul plans business combination proposal with Gol in three months

Negotiations progress on Gol’s future amid its U.S. restructuring efforts 05/07/2024 According to insiders, Azul is facing financial challenges, compounded by the weakened Brazilian real and escalating costs, as it negotiates with creditors — Foto: Divulgação Azul intends to submit a business combination proposal with Gol to the United States Bankruptcy Court for the Southern District of New […]

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5 de July de 2024/by Gelcy Bueno
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