Latin American stocks rallied sharply on
Friday, with Brazil shares hitting yet another record high and
Argentine stocks rising more than 2 percent, as equities around
the world were cheered by the possibility of the China-U.S.
trade conflict ending.
The latest boost in sentiment came after a report on Thursday
that U.S. Treasury Secretary Steven Mnuchin was considering
lifting some or all tariffs imposed on Chin
Brazil's president will outline his government's economic reform agenda and plans to increase trade with the rest of the world during a speech at the World Economic Forum's Annual Meeting in Davos next week, one of his aides told Reuters on Friday.
Avianca Brasil's battle with
its aircraft leasing firms intensified on Friday after Brazil's
aviation regulator said it would no longer ground 10 of the
struggling carrier's planes and another lessor renewed its
effort to repossess 10 others.
Avianca Brasil's battle with its aircraft leasing firms intensified on Friday after Brazil's aviation regulator said it would no longer ground 10 of the struggling carrier's planes and another lessor renewed its effort to repossess 10 others.
ArcelorMittal SA, the
world's largest steelmaker, is set to build its first-ever
desalination unit in Brazil to handle unforeseen water needs at
its plant in the eastern state of Espírito Santo, senior company
executives said in an interview on Friday.
Brazil is moving toward a
self-monitoring system for food processors, Agriculture Minister
Tereza Cristina Dias said on Friday, including meatpackers still
recovering from an inspection scandal that hurt trade with key
Brazil should open indigenous land to commercial farming, Agriculture Minister Tereza Cristina Dias said on Friday, while also seeking to soften many of President Jair Bolsonaro's controversial stances on native people and the environment.
Brazilian state-run oil
company Petroleo Brasileiro SA plans to stop taking
loans from public banks at "special rates" to finance projects,
Chief Executive Officer Roberto Castello Branco said on Friday.
Petroleo Brasileiro SA
plans to stop taking loans from public banks at
"special rates" to finance projects, the Brazilian state-run oil
company's chief executive Roberto Castello Branco said on Friday
through a spokesperson.
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