SAO PAULO Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals' portfolios in Brazil and elsewhere in Latin America as foreign competitors scale back in the region, two sources close to the company told Reuters.
SAO PAULO, May 15 Brazilian lender Banco
Bradesco SA said on Friday it had started to test
branch employees for COVID-19, the first part of a program
planned for almost all of its nearly 100,000 employees.
SÃO PAULO, 14 Mai A rede de clínicas de medicina
diagnóstica Fleury teve queda no lucro do primeiro
trimestre, já acusando os primeiros efeitos da pandemia do
coronavírus, embora tenha alertado para grandes oportunidades de
ganho de receita e de produtividade com a regulamentação da
SAO PAULO Brazilian state-controlled lender Banco do Brasil SA on Thursday posted a 20% drop in first-quarter profit and the bank announced the suspension of all its planned asset sales due to the coronavirus crisis.
SAO PAULO, May 7 Brazilian state-controlled
lender Banco do Brasil SA on Thursday posted a 20%
drop in first-quarter profit and the bank announced the
suspension of all its planned asset sales due to the coronavirus
SAO PAULO Latin American e-commerce company MercadoLibre is one of the few firms not scaling back spending amid the coronavirus pandemic and plans to move forward with a planned 4 billion reais ($717 million) investment in Brazil this year, an executive told Reuters on Tuesday.
SAO PAULO, April 15 MercadoLibre's
financial services arm, Mercado Pago, is extending a 600
million-real ($114 million) credit line to help Brazilian medium
and small businesses face the sharp drop in economic activity
caused by the new coronavirus crisis.
SAO PAULO Brazilian insurer Caixa Seguridade SA decided on Monday to cancel its initial public offering, two sources with knowledge of the matter said, amid concerns about the new coronavirus and plunging oil prices.
SAO PAULO Brazilian meatpacker JBS SA and state development bank BNDES are planning a simultaneous listing of JBS international operations in the United States and the sale of the bank's stake in the company, five sources with knowledge of the matter said.
SAO PAULO, Feb 7 Brazilian state-owned lender
Caixa Economica Federal is preparing an administrative
overhaul including a voluntary severance program and branch
closures, a document reviewed by Reuters showed.