Banco Santander announced this Friday (20th), in a material fact, the resignation of the Chairman of the Board of Directors of the Company, Sergio Rial. The executive then leaves the position of member of the Board of Directors and member of the Advisory Committees of the Board, which until then a member. “In accordance with […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Debates in Davos focused on the problems of green subsidies and chips
The World Economic Forum in Davos, Switzerland is a place for politicians and business leaders to voice opinions and proposals on the benefits of globalization and international cooperation. But at this year’s meetings, no. The conference featured calls for greater localization of production as geopolitical tensions accelerate national or regional efforts to secure supplies of […]
Americanas closes last trading session with shares worth cents
This Friday (20), Americanas closed the day with the share worth R$ 0.71, in yet another day of low shares, today 29%. This was the retailer’s last trading session on the Ibovespa. The accumulated loss this week is 79.05% and, in the month, 89.64%. Despite the fall in the retailer’s shares, the main B3 index […]
Reopening of China benefits global economy and Brazil, says Louis-Vincent Gave, from Gavekal
The full reopening of China, after three years of strict restrictions of the “Covid zero” policy in the country, will benefit the global economy and that of Brazil. This is the opinion of Louis-Vincent Gave, one of the founders and president of Gavekal, a research house and manager based in Hong Kong, and one of […]
Global rate hikes haven’t had a negative impact yet, says IMF chief
The world economy is still in a tough spot, according to the head of the International Monetary Fund (IMF), despite cautious optimism among economists and business leaders that the slowdown in inflation means the worst of last year’s crisis may be over. Kristalina Georgieva, managing director of the IMF, said on Friday (20) that conditions […]
Big techs ask the Supreme Court to block lawsuits against algorithms in the US
A wide range of companies, internet users, academics and even human rights experts defended Big Tech’s liability shield on Thursday (19) in a pivotal Supreme Court case over YouTube algorithms, with some arguing that deleting the AI-based recommendation engines of federal legal protections would cause radical changes in the open internet. The diverse group weighing […]
Americanas investigation should be completed in less than six months
The Americanas investigation process should take less than six months to complete, according to sources with knowledge of the process. The committee must work to ensure that the investigation does not last for too long, given the seriousness of the case. Market sources also say that it is already taken for granted that the billionaire […]
“Americans will need to reduce in size to be viable”, says expert
in interview to CNN this Friday (20), Pedro Paulo Silveira, director of Nova Futura Investimentos, declared that Americanas will need to downsize in order to get around the financial crisis that has haunted it since the discovery of a BRL 20 billion shortfall. “From now on, the company’s current administrators have 60 days to provide […]
European shares rise in session but end week with losses
European shares closed higher on Friday (20), but marked weekly losses with a cautious view of investors on the corporate earnings season and the upcoming decisions of central banks, although the reopening of the blockades against Covid-19 in China offered some relief. The pan-European STOXX 600 index closed up 0.37% at 452.12 points, boosted by […]
Desenrola program may have up to R$ 20 billion from the Treasury to refinance 40 million Brazilians
The program for refinancing small debts, Desenrola, will be funded by banks and guaranteed against default offered by the National Treasury. The model is still being finalized, but discussions indicate that the government may set up a fund of up to R$ 20 billion for the program. In banks, the hypothesis of a fund with […]
