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Hapvida Shares Surge Over 8% After Q2 Results and Growth Outlook
Net revenue rose 7.3% year-over-year, though the adjusted EBITDA margin fell to 11% from a year earlier
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Banco do Brasil quarterly profit falls 60% to $708 million on rising agribusiness and SME loan defaults
Administrative expenses increased 4.7% to 9.7 billion reais, driven by higher personnel costs
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Brazil’s Itaú Loses court Ruling, Must Hand Over Emails on Kabum Sale to Magazine Luiza
Founders allege conflict of interest, claim bank concealed better offers in transaction involving MGLU3 and ITUB4
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Daycoval posts R$425.9 million profit in Q2, driven by corporate loan growth
Corporate loans accounted for 46.57 billion reais of the total portfolio, up 8.9% in the quarter and 15.9% year-over-year
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Casas Bahia Posts $110 Million Loss, Sees Debt Conversion Impact in Q4
Net revenue rose 6% to 6.9 billion reais, beating market expectations
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JBS to Invest $100 Million in New Bacon and Sausage Plant in Iowa
Expansion marks largest prepared foods facility in company’s U.S. portfolio, part of $835 million in 2025 capital projects
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BNDESPar invests $74.9 million in Eve to back Brazil’s flying car push
Stake gives BNDES unit 4% of Embraer subsidiary as it targets eVTOL production in Taubaté by 2028
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JBS net revenue climbs 8.9% in Q2 on Seara, Pilgrim’s gains
Net income surges 60.6% to $528 million as poultry segment and product portfolio expansion drive growth
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BNDES, Environment Ministry Pledge $42M From Amazon Fund to Boost Sustainability
Funding targets anti-deforestation efforts and community-based bioeconomy projects in Brazil’s Legal Amazon
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The Thread That Broke
Europe’s ultra-luxury textile mills were the pride of the continent’s industry in the 19th century. Today, they must survive a perfect storm.
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JBS Highlights Global Protein Strategy at CAGNY, Plans $3bn Investment Push
At consumer conference in Florida, JBSS3 outlines multiprotein expansion, brand strength and disciplined capital allocation to capture structural demand for protein.
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JHSF Pays €52 Million to Bring Fasano Hotel to Milan
Historic palazzo in Quadrilatero della Moda becomes brand’s second property in Italy, reinforcing European expansion strategy.