News Brazil Interest: Brazil’s Sky-High Interest Rates Fuel World’s Best Carry Trade
(Bloomberg) -- The Brazilian real’s rally is gaining steam as soaring prices for its commodity exports and one of the world’s highest interest rates fuel a lucrative carry trade for investors. Most Read from BloombergU.S. Drones for Ukraine Will Include Latest Tank KillersA 30-Year-Old Crypto Billionaire Wants to Give His Fortune AwayElon Musk Takes 9.2% Stake in Twitter After Hinting at Shake-UpUkraine Update: Zelenskiy to Address UN Body; China Holds TalksPutin’s Pet Warlord Doubles Down in Uk
News Brazil Interest: Shell Signs Production Sharing Contract for Atapu Field in Brazil
Today, Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, signed the Production Sharing Contract (PSC) to formally acquire a 25 percent stake of the Atapu field. Shell paid $ 1.1 billion to Petrobras for the increased stake in the field. With the contract now signed, Shell will start receiving its additional share of oil from the field.
News Brazil Interest: Brazil's public debt up 2.03% in February, interest rates kept rising
Brazil's federal public debt increased 2.03% in February from the month before to 5.73 trillion reais ($1.21 trillion), the Treasury said on Wednesday, while issuance costs kept rising amid high inflation and interest rates.
News Brazil Interest: EXPLAINER: Brazil's Bolsonaro, top court on collision course
In a nearly unanimous vote, Brazil’s top court on April 20 sentenced freshman lawmaker Daniel Silveira to almost nine years in prison for inciting physica ...
News Brazil Interest: Brazil's Nubank denies interest in buying Citi's Mexico consumer bank
Nubank NU.N said on Thursday it was not interested in bidding for Citigroup's C.N Citibanamex consumer banking business in Mexico, pouring cold water on analyst speculation the Brazilian online lender ...
News Brazil Interest: Brazil's Nubank says has no interest 'at the moment' in buying Citi's Mexico consumer bank
Brazilian online lender Nubank said on Thursday it was not interested in bidding for Citigroup's Citibanamex consumer banking business in Mexico. "Nubank believes that mergers and acquisitions are an ...
News Brazil Interest: Jair Bolsonaro’s Brazil shirt
The purity and innocence of the Seleção has finally been ruptured, eclipsed, and defaced by political calamity.
