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Murray News

Sabesp privatization price to be 19% down despite strong demand

Second stage of offer had R$110bn in orders until last week; low price, inflated orders, Equatorial behind high market interest 07/15/2024 The book-building period for the second phase of the offer for Sabesp ends this Monday — Foto: Victor Moriyama/Bloomberg With a relatively low share price, the second phase of water utility Sabesp’s privatization has […]

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15 de July de 2024/by Gelcy Bueno
Murray News

Uncertainty over interest rates jeopardizes further reductions in banking spreads

Gap between borrowing and lending rates hit 18.85 percentage points in May, marking the narrowest margin since July 2022 15/07/2024 Alessandra Ribeiro — Foto: Leonardo Rodrigues/Valor The banking spread in Brazil, the premium that financial institutions add to loans, has dipped to its lowest point in nearly two years. Yet, the fluctuating interest rate landscape […]

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15 de July de 2024/by Gelcy Bueno
Murray News

Brazil prepares to regulate hydrogen

National Petroleum Agency’s Director-General Rodolfo Saboia says regulator needs mandate; lack of resources could be an issue 12/07/2024 Rodolfo Saboia — Foto: Leo Pinheiro/Valor Brazil’s Petroleum Agency (ANP) is gearing up to regulate the hydrogen market, but according to the agency’s director-general, Rodolfo Saboia, a lack of resources could hinder this effort. Mr. Saboia mentioned Tuesday […]

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12 de July de 2024/by Gelcy Bueno
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