Brazil Stocks Post World's Top Gain, Real Rises as Rio Wins Olympics Bid Brazilian stocks rallied, making the Bovespa the world’s best-performing major index today, and the currency gained after Rio de Janeiro was awarded the 2016 Summer Olympic Games.
Billionaire Batista's OGX Finds Oil Off Brazilian Coast; May Split Shares OGX Petroleo e Gas Participacoes SA, the Brazilian oil company controlled by billionaire Eike Batista, said it found signs of crude off Brazil’s coast and that it is considering a share split next year.
Rossi, PDG to Sell $1.1 Billion of Equities as Brazil Stock Demand Surges Rossi Residencial SA and PDG Realty SA Empreendimentos & Participacoes, Brazilian homebuilders whose shares have more than doubled this year, are selling 2 billion reais ($1.11 billion) of new stock to tap surging demand.
Femsa Weighs Future of Its Beer Unit as SABMiller, Heineken Consider Deals Fomento Economico Mexicano SAB, the maker of Dos Equis, is in talks about its beer unit and may draw interest from SABMiller Plc and Heineken NV as the biggest global brewers joust for the world’s remaining independent brands.
MTN-Bharti Deal Rejection May Signal Larger Zuma Role in Shaping Economy South Africa’s decision to block a $23 billion merger between MTN Group Ltd. and India’s Bharti Airtel Ltd. may indicate President Jacob Zuma favors more state involvement in the economy to protect jobs and local industries.
0 comments:
Post a Comment