-
Bradesco Deserves A Structural Sell For Now
01 Feb 2025 09:49 GMT
… and low multiples.
The bank's struggles with … long-term prospects remain uncertain.
Itaú, Nu Holdings, and Inter … Images Banco Bradesco (NYSE:BBD) is one of the big traditional Brazilian … US investment adviser or investment bank. Our analysts are third …
-
Trump Declares War on BRICS Currency Plans
31 Jan 2025 21:02 GMT
President Donald Trump took to his social media platform, Truth Social, to issue a bold warning to the BRICS nations—Brazil, Russia, India, China, and South Africa—over their ongoing discussions about creating a new currency to challenge the dominance of …
-
This Week In Cannabis: Paraguay Nears Adult-Use Sales, JPMorgan Hints At Banking And More On Earnings, NHL, Tyson, STIIIZY, Germany
31 Jan 2025 18:17 GMT
… been decriminalized. While current Brazilian laws prohibit cross-border cannabis … this could change:
"Brazilians can transport up to … by hinting at future banking services for cannabis companies, … capital will fund:
The acquisition of Delta 9 Bio-Tech …
-
Moove bolsters LatAm presence with acquisition of Kovi
31 Jan 2025 18:13 GMT
Moove, a vehicle financing platform for rideshare and delivery drivers, has announced the acquisition of Kovi, a São Paulo-based urban mobility provider. This move underscores Moove’s expansion into Latin America’s rapidly growing market.
The acquisition …
-
Central Bank’s $30 Billion Reserve Sale Eases Brazil’s Debt Burden
31 Jan 2025 17:58 GMT
Brazil’s economy showcased remarkable resilience in 2024, with its gross public debt closing at 76.1% of GDP, lower than expected. This achievement came amid global economic challenges and domestic fiscal concerns.
The Central Bank played a crucial role by …
-
Indian Rupee Performed Better Than Currencies Of Canada, Korea, Brazil: Survey
31 Jan 2025 17:25 GMT
… currencies like the Canadian Dollar, South Korean Won and the Brazilian … currencies such as the Canadian Dollar, South Korean Won and the Brazilian … stability in the currency amidst external uncertainties. … power of the currency, steadily appreciated from …
-
Stake: “We have everything it takes to be at the top of the Brazilian market"
31 Jan 2025 17:03 GMT
… on January 1, Stake continues making moves to … Thomas Carvalhaes, recently appointed as Stake’s Country Manager for Brazil … here, specifically for Stake Brazil, is to strengthen our … doing things differently. The Brazilian market, in many ways, …
-
Toman or rial: Can currency reform stop inflation in Iran?
31 Jan 2025 14:16 GMT
A loaf of bread in Tehran costs 100,000 rials. Or — should it be 10 tomans now? Or 10,000 tomans (roughly $1.00)?
For ordinary Iranians, a single toman simply means 10 rials. But with the government attempting to streamline currency, even the basic act of …
-
Halliburton announces offshore drilling contract with Petrobras
31 Jan 2025 13:16 GMT
Halliburton has announced a contract award from Petrobras for integrated drilling services across several offshore fields in Brazil, the result of a competitive process. The contract scope includes drilling services for development and exploration wells …
-
Coyote Banking Malware Weaponizing Windows LNK Files To Execute Malicious Scripts
31 Jan 2025 13:10 GMT
A new wave of cyberattacks leveraging the Coyote Banking Trojan has been identified, targeting financial institutions in Brazil.
This sophisticated malware employs malicious Windows LNK (shortcut) files as an entry point to execute PowerShell scripts, …