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Tombo of Magazine Luiza (MGLU3) and extra dividends from Petrobras (PETR4); see highlights in Buy or Sell

Are Petrobras' extra dividends at risk? (Image: Kaype Abreu/Money Times) The news that the board of directors of Petrobras (PETR4) approved the proposed changes to the company's bylaws, which was poorly received by investors, who penalized the shares on Monday (23). Among the proposed changes, one concerns the creation of…

Global Organizations Must Continue to Make Strides in Boardroom Diversity

The Women Corporate Directors hosted its Global Institute & Visionary Awards. During the two-day conference, the event hosted various sessions spanning multiple topics, including today’s environment, technology, innovation, and challenges that current boards face. During the panel discussions, keynote sessions, and fireside chats, attendees had the opportunity to hear and engage with worldwide business leaders. […]

Brazil Central Bank Keeps Interest Rate Unchanged at a Six-Year High

(Bloomberg) Brazil’s central bank kept its key interest rate unchanged at a six-year high and refrained from signalling any imminent cut despite a growing campaign for looser monetary policy championed by President Luiz Inacio Lula da Silva, business leaders and politicians.Most Read from BloombergTitanic Vessel Search Area Expands; Noises Can’t Be IdentifiedChina Says Biden Calling Xi a Dictator Is ‘Provocation’These Are World’s Most Expensive Cities for High-Class LivingHedging Failure Expo

Brazil Central Bank Keeps Interest Rate Unchanged at a Six-Year High

(Bloomberg) Brazil’s central bank kept its key interest rate unchanged at a six-year high and stopped short of endorsing imminent reductions, frustrating a growing campaign for looser monetary policy from President Luiz Inacio Lula da Silva, business leaders and top politicians.Most Read from BloombergTitanic Sub Search Chases Mystery Noises as Air Runs LowTitanic Sub Crew Presumed Dead After Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Debris Found Near

JPMorgan, Itau Join Chorus Seeing Brazil Rate Cuts in September

(Bloomberg) Major banks like JPMorgan & Chase Co, Santander and Itau now project that Brazil’s central bank will deliver its first interest rate cut in September, two months earlier than they previously forecast.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementCrispin Odey’s One-Week Downfall Was Decades in the MakingAlphabet Selling Google Domains Assets to SquarespaceSocial Security

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