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Murray News

JBS reports best year ever, record profit

After distributing more than R$7 billion in dividends and investing $2.1 billion in acquisitions, JBS released Monday its 2021 results, which confirmed that the year was the best in the company’s history in several aspects — from growth, with record revenues and EBITDA, to shareholder remuneration, which achieved a return of more than 70%. Boosted […]

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22 de March de 2022/by Gelcy Bueno
Murray News

With Russia on hold, NDB to extend credit to other partners

The interruption of operations with Russia will lead the New Development Bank (NDB), the BRICS bank, to automatically extend credits to the other partners of the institution. Valor found that the expectation, which dates from before the war, is that financing for Brazil will total at least $6 billion over the next five years. The […]

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22 de March de 2022/by Gelcy Bueno
Murray News

GE signs contract for hydroelectric plant renovation

After 44 years in operation, the São Simão hydroelectric plant will undergo modernization. The Hydro division of GE Renewable Energy and SPIC Brasil, a subsidiary of State Power Investment Corporation of China (SPIC), signed a R$700 million contract for the modernization of the plant’s generating units and auxiliary services. The contract provides for the supply […]

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22 de March de 2022/by Gelcy Bueno
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