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Murray News

Gerdau chairman: “Will Brazil destroy its own steel industry?”

With the sale of non-strategic assets, Gerdau will define the allocation of new investments 19/01/2024 Gustavo Werneck — Foto: Carol Carquejeiro/Valor In a move to focus on strategic assets, particularly in Brazil, the U.S., Mexico and Canada, Gerdau announced on Wednesday (16) the sale of its stake in the Diaco and Gerdau Metaldom joint ventures […]

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19 de January de 2024/by Gelcy Bueno
Murray News

New import tax rule increases government’s revenue

Brazilian retailers, industrial companies go to the Supreme Court to denounce tax inequality 19/01/2024 Data obtained by Valor show that from August to December 2023, after the start of the Remessa Conforme program—Portuguese for “compliant shipments,” which established new import rules for orders up to $50—tax revenues reached R$700.5 million, an increase of about 122% […]

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19 de January de 2024/by Gelcy Bueno
Murray News

Energisa seeks R$2bn in second share offering this year

Power company seeks to raise funds for expansion by placing shares in Brazil and abroad 19/01/2024 Energisa, the company that controls power distributors in 11 Brazilian states, is preparing a new stock offering, as reported Thursday by Valor’s business website Pipeline. The operation, announced the day after Inter Bank raised $161.9 million in the United […]

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19 de January de 2024/by Gelcy Bueno
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