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Brazil, Mexico stocks reach record highs after interest rate decisions

SAO PAULO/MEXICO CITY -Brazilian and Mexican stocks rose to record highs on Thursday, propelled by the U.S. Federal Reserve s signaling toward lower interest rates in 2024 and monetary policy.

Mexico
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Brazil
Mexico-city
Distrito-federal
Andre-romani
Noe-torres
Kylie-madry
Paula-arend-laier
Markets

Brazil stocks reach record high after fresh rate cut, Fed signals

SAO PAULO/MEXICO CITY (Reuters) -Brazilian and Mexican stocks rose to record highs on Thursday, propelled by the U.S. Federal Reserve s signaling toward .

Brazil
Brazilian
Andre-romani
Kylie-madry
Reuters
Paula-arend-laier

Brazil court OKs bankruptcy protection for Starbucks, TGI Fridays operator

SAO PAULO (Reuters) -A Sao Paulo judge on Tuesday approved bankruptcy protection for SouthRock Capital, which runs all Starbucks coffee shops and TGI Fridays restaurants in Brazil, according to a court filing. SouthRock had filed for protection from creditors in late October. SouthRock said in a statement that with the approval, it will continue to restructure operations with the aim of protecting employees and customers, while it intends to keep operating stores as normal.

Brazil
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Patricia-vilas-boas
Andre-romani
Reuters
Starbucks
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Paula-arend-laier
Tgi-fridays

Brazil court OKs bankruptcy protection for Starbucks, TGI Fridays operator

SAO PAULO -A Sao Paulo judge on Tuesday approved bankruptcy protection for SouthRock Capital, which runs all Starbucks coffee shops and TGI Fridays restaurants in Brazil, according to a court filing.. -December 12, 2023 at 05:33 pm EST - MarketScreener

Brazil
Italy
Italian
David-gregorio
Andre-romani
Patricia-vilas-boas
Starbucks
Paula-arend-laier
Markets

Brazil's GPA mulls $200 million share offering to reduce debt

Brazilian food retailer GPA on Sunday said it has hired banks to evaluate a potential offering of primary shares worth 1 billion reais as part of a broader plan to reduce financial leverage. .

Itau
Rio-grande-do-norte
Brazil
France
Colombia
Brazilian
French
Colombian
Mark-porter
Renan-bergmann
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Peter-frontini

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