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Murray News

AES Brasil bets on diversification to return to profit

Power generation company sees better landscape after reducing losses thanks to improvement in reservoir levels 03/09/2022 AES Brasil, a subsidiary of U.S.-based AES Corp., managed to reduce losses in the fourth quarter of 2021 thanks to a substantial improvement in reservoir levels due to a more favorable rainfall regime. Now the power generation company sees […]

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9 de March de 2022/by Gelcy Bueno
Murray News

Samarco’s creditors rejects new plan on eve of meeting

Bondholders say that “in practice” the discount on the debt is 96.8%. 03/09/2022 On the eve of the general meeting of creditors, scheduled for Thursday, Samarco’s bondholders reacted against the new version of the judicial recovery plan, indicating that the result may be a bit further from what the mining company expected. In a document […]

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9 de March de 2022/by Gelcy Bueno
Murray News

Banks raise inflation projection driven by Russia invasion

For Bradesco, the country is experiencing a supply shock and monetary policy has low effectiveness to control prices 09/03/2022 Fernando Honorato Barbosa — Foto: Leo Pinheiro/Valor The banks Bradesco and BNP Paribas raised their projections for inflation in 2022 due to the global price shock. Bradesco revised its forecast to 6% from 5.4% due to […]

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9 de March de 2022/by Gelcy Bueno
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