SAO PAULO (Reuters) – Brazilian insurer BB Seguridade said on Tuesday its CEO Ullisses Assis has resigned from his position and its controlling shareholder, Banco do Brasil, has nominated one …
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BRASILIA (Reuters) – Brazilian state-run Banco do Brasil and the World Bank signed a memorandum of understanding on Tuesday on a $400 million credit line for sustainable agriculture and the …
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MEXICO CITY (Reuters) – Carrefour Brasil reported a 95.2% drop in its second-quarter adjusted net profit to reach 29 million reais ($6.10 million), hit by the financial impact of its …
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By Carolina Pulice MEXICO CITY (Reuters) – Grupo Carrefour Brasil launched a franchise model of convenience stores in the Brazilian market on Wednesday, aiming to tap into its know-how from …
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SAO PAULO (Reuters) – Carrefour Brasil said on Thursday it has entered into exclusive talks with Barzel Properties for the sale of five distribution centers and five stores for 1.3 …
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SAO PAULO(Reuters) -Carrefour Brasil reported a first quarter net loss of 113 million reais ($22.39 million), hit by high investment costs at its acquired food retailer Grupo BIG, the company …
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SAO PAULO (Reuters) – Banco Santander Brasil SA on Tuesday reported a first quarter net profit of 2.14 billion reais ($425.09 million), down 46.6% from a year earlier but still …
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SAO PAULO (Reuters) – Carrefour Brasil reported on Monday its fourth-quarter adjusted net profit decreased 28.2% from a year earlier to 550 million reais ($106.19 million), hit by a double …
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BRASILIA (Reuters) -Brazil’s President-elect Luiz Inacio Lula da Silva will announce the new chief executives of state-run oil company Petrobras, state-controlled lender Banco do Brasil and state lender Caixa Economica …
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SAO PAULO – Supermarket chain Carrefour Brasil said Tuesday that its board approved calling a shareholders meeting to elect new board members and update governance standards. Alexandre Bompard was chosen …
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SAO PAULO – Telefonica Brasil said on Wednesday it estimates the assets acquired from Brazilian telecom Oi Movel will create 5.4 billion reais ($1.09 billion) in value. In a presentation …
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(Reuters) – Brazilian retailer Carrefour Brasil reported on Tuesday first-quarter total sales of 20.755 billion reais ($4.45 billion), a 14.5% increase compared with the same quarter the previous year. The …
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– Telefonica Brasil on Tuesday reported its quarterly net profit rose 103.2%, helped by a tax credit recognition of 1.4 billion reais. The telecoms operator’s fourth quarter net profit of …
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– Carrefour Brasil reported on Tuesday that fourth-quarter net income fell from a year earlier but beat estimates, helped by sales increases. The local unit of French retailer Carrefour SA …
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By Carolina Mandl SAO PAULO – Brazilian state-controlled lender Banco do Brasil SA said in a filing on Monday that its 2022 net income is likely to rise by up …