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Murray News

Lula rejects link between Brazilian real weakening, interview

President calls those who blamed him for the currency’s weakening “morons” 28/06/2024 President Lula — Foto: Ricardo Stuckert/PR President Lula expressed irritation on Thursday over analyses regarding the devaluation of the Brazilian currency, the real, against the dollar. During a meeting of the Economic and Social Development Council, Mr. Lula called those who blamed him for […]

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28 de June de 2024/by Gelcy Bueno
Murray News

Brazil’s Federal Police details billion-dollar fraud scheme at Americanas

Operation in Rio targets former executives for alleged fictitious accounting within the retail chain 06/28/2024 Financial figures were reportedly manipulated when Americanas failed to meet the targets anticipated by bank analysts — Foto: Domingos Peixoto/Agência O Globo Information compiled by the Federal Public Prosecutor’s Office and the Federal Police, which underpinned Thursday’s (27) operation against 14 former executives […]

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28 de June de 2024/by Gelcy Bueno
Murray News

Brazil slips in emerging market stock offerings

Lack of IPOs and minimal activity sees Brazil fall from 3rd to 7th in rankings dominated by India and China 06/24/2024 Hans Lin — Foto: Carol Carquejeiro/Valor The sluggish activity in the Brazilian equities market has caused Brazil to drop positions in the ranking of emerging countries. According to data from Dealogic, Brazilian companies have […]

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24 de June de 2024/by Gelcy Bueno
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  • Legal disputes involving publicly traded firms on the rise in Brazil

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