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Murray News

RGE buys OL Papéis, expands tissue business in Brazil

Bahia-based company produces more than 50,000 tonnes of tissue paper per year 01/12/2023 OL’s toilet paper mill in Bahia — Foto: Divulgação/OL The Asian group Royal Golden Eagle (RGE) did not give up after losing the competition for Kimberly-Clark’s assets in Brazil to Suzano. Interested in expanding in the tissue segment in Brazil, it finally […]

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12 de January de 2023/by Gelcy Bueno
Murray News

CEO resigns as retail giant Americanas unveils R$20bn ‘inconsistencies’

Findings affect indicators like leverage ratio, net equity 01/12/2023 CEO Sergio Rial and CFO André Covre resigned after inconsistencies were found in one of Brazil’s largest retail chains — Foto: Brenno Carvalho/Agência O Globo Retail giant Americanas revealed on Wednesday that it found “inconsistencies” in the funding of its suppliers in previous years, including 2022, […]

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12 de January de 2023/by Gelcy Bueno
Murray News

Didi’s ride-hailing service 99 begins layoffs in Brazil

Company, which started process on Tuesday, has not informed how many people will be dismissed 01/11/2023 Layoffs involve only Brazil; company started process on Tuesday — Foto: Divulgação The wave of layoffs in technology companies has reached Didi’s Brazilian mobility service 99. The company, which started the process on Tuesday, has not said how many […]

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11 de January de 2023/by Gelcy Bueno
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