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103 results for “Citi”
Brazil’s Top Prosecutor Seeks to Downgrade Lulinha Influence Peddling Probe, Citing Lack of Jurisdiction
PGR asks Supreme Court to move investigation into Fábio Luís Lula da Silva to a lower court, potentially lowering its political profile.
Cosan's NYSE Exit Confirms Trend of Brazilian Firms Abandoning US Listings for B3 Focus
Diversified conglomerate Cosan is delisting its ADSs from the NYSE, citing costs and low liquidity, continuing a trend among Brazilian firms.
Brazil Supreme Court Blocks Municipalities From Using Property Size to Set Higher Tax Rate
STF ruling on Theme 1.455 restricts Brazilian cities from charging higher IPTU based solely on the physical area of the property.
Lula Delays US Ambassador Approval Until After Election, Citing Interference Concerns
Brazilian President Luiz Inácio Lula da Silva is withholding consent for US ambassador-designate Daniel Perez until after the October election.
Brazil Health Agency Recalls Suinco Pork Loin Over Illegal Preservative Levels
Anvisa ordered a recall of Canadian-style Pork Loin from cooperative Suinco, citing excess nitrites and nitrates that pose a health risk.
Lula Re-Frames Amazon Oil Drilling as Global Supply Chain Necessity, Citing Hormuz Risk
President Lula has shifted his justification for Equatorial Margin drilling to national security following Petrobras's Morpho discovery.
Major Brazilian Banks Demand Fiscal Clarity as Public Debt Surges
Financial institutions are pressuring presidential candidates for a credible fiscal plan, citing debt concerns and high political risk.
Brazil Data Authority Orders Discord Live-Stream Suspension Over Child Safety Failures
Brazil's ANPD has ordered Discord to halt its "Go Live" feature nationwide, citing the platform's failure to protect minors from harmful content.
Brazil’s Data Regulator Suspends Discord Livestreams Over Child Safety, Testing New Digital Law
Brazil's ANPD has ordered Discord to suspend its 'Go Live' feature, citing a failure to protect minors, in a major test of the country’s new Digital ECA law.
Lula Escalates US Diplomatic Row After Ambassador's Visa Revocation, Citing Election Interference
US revocation of Ambassador Maria Luiza Ribeiro Viotti's visa is now central to Brazil's election-year feud with the Trump administration.
Brazil Formally Invokes Reciprocity Law to Challenge US Tariffs on Grounds of Sovereignty
Brazil has activated a new economic retaliation law against significant US tariffs, citing American interference with its Pix payment system and judiciary.
Lula’s Top Diplomat Warns US Over Monroe Doctrine Video Citing ‘American Dominance’
Brazilian official Celso Amorim warns a US State Department video explicitly citing the Monroe Doctrine is an implicit threat to national sovereignty.
Brazil’s Data Agency Suspends Discord’s 'Go Live' Feature Over Severe Child Safety Violations
Brazil's ANPD orders Discord to suspend its live-streaming function, citing recurrent child safety violations and a potential R$ 50 million fine.
H&M Expansion into Northeast Brazil Puts Pressure on Local Fashion Retailers
Swedish fast-fashion giant H&M is expanding into Brazil's Northeast, signaling confidence in the region's 55 million consumers and intensifying competition for smaller local brands in cities like Recife and Fortaleza.
Lawsuit Seeks to Suspend Discord in Brazil, Citing Failures Under New Digital Child Safety Law
A consumer protection institute has filed a public civil action demanding Discord be suspended in Brazil and pay a R$300 million fine for failing to protect minors.
Brazil's Central Bank Sweeps Billions in Unclaimed Funds to Fund National Debt Program
Brazil authorized the transfer of R$5.7 billion in citizens' unclaimed funds to guarantee the "Desenrola Brasil" debt program, triggering a federal audit.
Brazil’s Data Regulator Bans Discord Livestreaming Over Child Safety Failures
Brazil's ANPD has ordered the immediate suspension of Discord's 'Go Live' feature, citing failure to protect minors from violence and self-harm content.
Brazil's Data Protection Agency Suspends Discord Livestreaming Over Failure to Protect Minors
Brazil's National Data Protection Authority (ANPD) has ordered the suspension of Discord's 'Go Live' feature, citing a failure to protect minors from harmful content.
Brazilian Analysts Highlight Waste Management and Wellness as Top Small-Cap Plays
Brazilian analysts highlight waste management firm Orizon and fitness chain Smart Fit as top small-cap picks, citing their exposure to structural growth trends in energy transition and consumer wellness.
Norway Blocks Brazilian Meat Imports, Citing Antimicrobial Controls and Mirroring EU Ban
Norway's food safety authority will suspend imports of Brazilian animal products over antimicrobial use, reinforcing a wider European market barrier.
Native Vegetation Loss Amplifies Brazil's Harvest Exposure to El Niño Extremes, MapBiomas Finds
A new study from MapBiomas links decades of native vegetation clearing to increased vulnerability for Brazilian agriculture during El Niño events, citing the 2023/2024 drought and floods.
Global Investors Pull Billions from Brazil’s Stock Market Over Political and Rate Concerns
Foreign investors withdrew R$ 5.55 billion from the B3 in the first week of August, citing high Selic rates, political risk, and a global shift.
Moody's Downgrades Cosan (CSAN3) as Raízen's Debt Restructuring Creates Contagion Risk
Moody's Local Brasil downgraded holding company Cosan's rating to A+.br with a negative outlook, citing the credit impact from its subsidiary Raízen's R$61.4 billion debt overhaul.
Cosan Downgrade Highlights Spillover Risk from Raízen’s $12.8 Billion Debt Restructuring
Moody's Local Brasil cut the rating on Brazilian conglomerate Cosan, citing the severe financial distress at its energy subsidiary Raízen.
Natura (NATU3) Profit Plunges 92% in Q2, Missing Consensus Amid Operational And Macro Headwinds in Brazil
Brazilian cosmetics giant Natura reported net profit of R$35 million in Q2, a 92.1% drop, citing product unavailability and Brazil macro woes.
China Joins Brazil's WTO Challenge Against US Tariffs Up to 37.5%
Beijing officially joins consultations, citing commercial interest in Brazil's WTO case against US Section 301 tariffs.
Brazil’s First Amazon AI Data Center Faces Regulatory Halt Over 'Heat Island' ESG Risk
The R$250M Elea Data Centers BEL1 project in Belém is subject to an MPPA civil inquiry, citing environmental risks and potential local heat spikes.
Major Bank Reassessment Signals Significant Risks for Brazil's Anima Educação (ANIM3) Ahead of Q2 Earnings
A major bank issued a substantially negative reassessment of Anima Educação, citing high leverage and operational risk ahead of the August 14 earnings report.
Major Agribusiness Group Files for Bankruptcy Protection, Highlighting Systemic Credit Risk in Brazil
Grupo Santos, a 20-year-old agribusiness, filed for judicial recovery on R$53.27 million in debt, citing high rates and restricted credit.
EU Ban on Brazilian Beef, Poultry, and Honey Takes Effect Sept 3rd Over Antimicrobial Controls
The EU will prohibit imports of key Brazilian animal products starting Sept 3rd, citing insufficient controls over antimicrobial use.