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Murray News

Brazil floods kill 107 as losses top R$6bn

State government estimates that 600,000 MSEs were affected by rains and flooding 05/09/2024 A boat navigates through a flooded street after heavy rain in Canoas, Rio Grande do Sul — Foto: Carlos Macedo/AP The death toll due to the rains in Rio Grande do Sul has risen to 107, with 136 people missing and one […]

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9 de May de 2024/by Gelcy Bueno
Murray News

Brazil slows rate cuts amid division within Monetary Policy Committee

Policy interest rate was cut by 25 bp; decision was made by 5 to 4 in the collegiate meeting 09/05/2024 Central Bank’s building in Brasília — Foto: Beto Nociti/BCB In a decision that divided its members, the Central Bank’s Monetary Policy Committee (COPOM) on Wednesday reduced the policy interest rate, known as Selic, to 10.50% […]

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9 de May de 2024/by Gelcy Bueno
Murray News

ADNOC gives up on buying Braskem amid Maceió soil sinking

Lack of definitive agreement on the petrochemical company’s environmental liabilities made Abu Dhabi state-owned company withdraw from negotiations 05/08/2024 Five years on, Alagoas has once again become the sticking point in Braskem’s sale process. The lack of a definitive agreement on the petrochemical company’s environmental liabilities in Maceió and a recent interest in other oil […]

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8 de May de 2024/by Gelcy Bueno
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  • Tax Reform and Real Estate Transactions
  • Elea shareholders buy Cellera Farma, target Brazil expansion
  • Lower House reviews versions of workweek proposal
  • Spending watchdog questions guarantee for loan to Brazil’s postal service company
  • Brazilian airlines cut flights as jet fuel prices double

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