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Murray News

Government forecasts increased deficit amid escalating expenditures

Deficit projection climbs from R$9.3bn to R$14.5bn; Ministry of Finance remains satisfied with financial performance through April 05/23/2024 Rogério Ceron — Foto: Geraldo Magela/Agência Senado The Lula administration has revised its primary deficit forecast for 2024 upwards, as revealed in the latest figures from the Ministry of Planning and Budget. The deficit projection has increased […]

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23 de May de 2024/by Gelcy Bueno
Murray News

Petrobras gains CADE approval to retain five refineries

The antitrust watchdog allows Petrobras to negotiate new pipelines and sets new conditions for the state-owned enterprise 05/23/2024 With the antitrust watchdog’s latest decision, Petrobras will retain ownership of some refineries it was initially required to divest, including Repar, in the state of Paraná — Foto: Divulgação Petrobras has successfully renegotiated the terms of its […]

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23 de May de 2024/by Gelcy Bueno
Murray News

Corporate debt market flourishes with more issuers, high liquidity

Borrowings now feature larger volumes and extended terms, becoming increasingly central to corporate management strategies, while tax-exempt bonds are increasingly drawing individual investors 05/22/2024 Pierre Jadoul — Foto: Gabriel Reis/Valor In Brazil’s relatively subdued stock market, corporate debt instruments like debentures and receivables certificates are carving out more substantial roles within investor portfolios and have […]

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

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