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Central Bank nears interest rate hike, managers say

Professionals anticipate COPOM will actualize monetary tightening following communication adjustments 08/13/2024 Genoa’s André Raduan, Itaú Asset’s Bruno Serra Fernandes, and Verde’s Luiz Parreiras — Foto: Divulgação Central Bank’s Monetary Policy Committee (COPOM) is anticipated to consider an increase in the Selic, the policy interest rate, during its next session. Leading asset managers, including André Raduan from Genoa Capital, […]

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13 de August de 2024/by Gelcy Bueno
Murray News

Lower House passes urgency for vote on regulation of tax reform

Motion received 308 favorable votes; final decision expected this Tuesday 08/13/2024 Alexandre Padilha — Foto: Cristiano Mariz/Agência O Globo Brazil’s Lower House of Congress approved on Monday the urgency motion with 308 votes in favor and 142 against to expedite the processing of the bill that establishes the rules for the operation of the management […]

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13 de August de 2024/by Gelcy Bueno
Murray News

Avon subsidiary files for Chapter 11 bankruptcy in the U.S

Restructuring process involving assets in Europe, Asia, and Africa was halted 08/13/2024 Avon’s innovation center in Cajamar, São Paulo: Natura plans to lend $43 million to this subsidiary during the reorganization process — Foto: Daniela Braun/Valor Avon Products Inc. (API), a non-operating subsidiary of Natura and the Brazilian beauty brand’s holding company in the U.S., filed for protection from […]

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13 de August de 2024/by Gelcy Bueno
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