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Murray News

Budget freeze hits R$4.5bn in infrastructure program

Ministry of Health also faced cut of R$4.4bn 07/31/2024 The federal government released the Budget and Financial Programming Decree on Tuesday night (30), detailing a freeze of R$15 billion in expenditures. The document outlines a cut of R$4.5 billion from the new Growth Acceleration Program (PAC), and a limitation of over R$1 billion on parliamentary budget amendments. […]

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31 de July de 2024/by Gelcy Bueno
Murray News

Court-supervised reorganization volume rises, set to hit record in 2024

Second-quarter growth reaches 10.5% over last year, reports RGF Monitor 07/31/2024 Roberta Gonzaga — Foto: Divulgação The number of companies undergoing court-supervised reorganization in Brazil is on the rise, with a record volume anticipated for this year. The increase was 10.5% in the second quarter compared to the same period in 2023, according to the RGF Judicial […]

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31 de July de 2024/by Gelcy Bueno
Murray News

Mover’s heirs resume agreement with CSN to sell InterCement

Third generation of founders of former Camargo Corrêa wants to keep part of CCR shares given as collateral; negotiation depends on Benjamin Steinbruch 07/30/2024 The sale of InterCement is considered crucial for the group to focus on less problematic businesses — Foto: Divulgação The controlling shareholders of Mover, the company formerly known as Camargo Corrêa, are seeking […]

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30 de July de 2024/by Gelcy Bueno
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