Brazil Financial News

20.08 / 04:31

MET Digital country G20 ministers agree to adopt digital public infrastructure

New Delhi: G20 ministers responsible for the digital economy met in Bengaluru on Saturday and agreed that the Global South and other countries should adopt digital public infrastructure to digitalise their economies. “There were three major priority areas for the G20 meeting. First was DPI, second was information security or cybersecurity, and the third was skilling.

20.08 / 04:09

UPS FIVE ETF track country Latin US ETF market ushers in active investing in India, Brazil stocks

Brazil and India as the markets least vulnerable to the turmoil in emerging markets now have the opportunity to buy stocks in those countries via actively-managed exchange-traded funds. The Global X Brazil Active ETF and Global X India Active ETF both launched Friday amid increased clamor for Brazil as it embarks on interest-rate cuts and for India as it overtakes China as the world’s fastest growing major economy.

19.08 / 15:43

COST UPS LGBT country end Emerging economies are pushing to end the dollar's dominance. But what's the alternative?

Across the developing world, many countries are fed up with America’s dominance of the global financial system — and especially the power of the dollar

19.08 / 15:43

Cooper country China confirms Xi will attend BRICS summit in South Africa followed by state visit

China's Foreign Ministry has confirmed that President Xi Jinping will attend next week's summit of the BRICS nations in Johannesburg, to be followed by a state visit to South Africa

19.08 / 06:37

UPS Provident FIVE country Future What is the future of the BRICS?

15th annual summit of the BRICS—a group comprising Brazil, Russia, India, China and South Africa—takes place in Johannesburg. For the first time one of the bloc’s leaders will be absent. As host, South Africa’s president, Cyril Ramaphosa, felt he had a responsibility to welcome his Russian counterpart, Vladimir Putin.

19.08 / 06:13

Provident Digital Remark Discover awards country electronic India has over one lakh startups, 108 unicorns: Union Minister Ashwini Vaishnaw

Ashwini Vaishnaw on Friday addressed the G-20 Digital Innovation Alliance in Bengaluru and said that over the past decade, India's entrepreneurial landscape has undergone a remarkable transformation. «Over the past decade, India's entrepreneurial landscape has undergone a remarkable transformation. With just 500 start-ups a decade ago, today we proudly stand with over 100,000 startups and 108 unicorns.

18.08 / 14:07

Cooper Progressive show exclusive expansion PM Modi speaks to Iranian president Raisi, discusses expansion of BRICS

Prime Minister Modi reiterated the commitment to further strengthen bilateral cooperation, including realising the full potential of Chabahar Port as a connectivity hub. Prime Minister Modi highlighted that the India-Iran relationship is underpinned by close historic and civilisational connections, including strong people-to-people contact.

18.08 / 14:07

UPS Provident Digital Strategy Matthews country One Point One Solutions Q1 net grows by 1.42 times to ₹4.32 crore

Mumbai, August 17, 2023: One Point One Solutions, a Business Process Management (BPM) service provider, has reported that its net profit in the June quarter was doubled to ₹4.32 crore as compared with ₹1.79 crore in the year-earlier period, up 141%. Total income during the quarter ended June 30, 2023 increased 14.81% to ₹40.24 crore, as compared with ₹35.05 crore a year ago. EBITDA was at ₹12.81 crore, as compared with ₹8.63 crore in the same period the year earlier, up 48.44%.

18.08 / 09:35

regulation Research Democracy ChatGPT ChatGPT politically biased towards left in the US and beyond: Research

ChatGPT, a major large language model (LLM)-based chatbot, allegedly lacks objectivity when it comes to political issues, according to a new study.

18.08 / 08:27

UPS Citi country Latin Key facts about the BRICS 2023 summit

BRICS group of major emerging economies — Brazil, Russia, India, China and South Africa — will hold its 15th heads of state and government summit in Johannesburg this month. Here are some key facts about the summit.

18.08 / 06:07

COST UPS MET FIVE Platform country South Africa gears up for BRICS Summit as China's Xi Jinping confirms to attend. What's ahead?

Bloomberg reported. Here are five things to watch as they gather Aug. 22-24 in Sandton, the business hub in the city’s wealthy northern suburbs: 1.

18.08 / 03:39

COST UPS Target Reuters ArcelorMittal weighs possible bid for US Steel

ArcelorMittal SA, the world's second-largest steelmaker, is considering a potential offer for U.S. Steel Corp, three people familiar with the matter said on Wednesday. The combination would reverse ArcelorMittal's retreat from the United States as a production base after it sold most of its operations to Cleveland-Cliffs Inc in 2020 for $1.4 billion to focus on growing markets such as India and Brazil.

17.08 / 16:47

COST Manufacturing Action Remark ICE country end India can usher in the beginning of the end of an ICE Age globally

Narendra Modi perfectly summarize where we as a nation are headed. As India embraces its 77th year of independence, we must understand the magnitude of the potential that the future holds. India has one of the world’s largest and fastest growing domestic markets, supported by strong policy momentum, entrepreneurial and innovative companies, world-class talent and capital access.

17.08 / 13:13

country International Destinations approved China releases list of approved international destinations for group tour, excludes Canada

covid-19 pandemic and the induced lockdown, outbound tourism from China was a valuable international commodity. Statistics from the World Tourism Organization suggest Chinese travellers spent $255 billion in 2019, accounting for 20 per cent of all international tourism spending.

17.08 / 03:35

CEO Walmart performer track star Sam International Walmart promotes CEO of Sam's Club to head International division as Judith McKenna retires

Walmart Inc on Wednesday promoted Kathryn McLay, CEO of its Sam's Club unit, to head its $100 billion international business at a time when high inflation is squeezing spending in many global markets and China's economy is slowing. McLay, a 49-year-old Australian considered a star within the U.S. company's ranks, will take over the division on Sept.

17.08 / 02:17

COST Reuters Strategy US Steel proposes new offer to ArcelorMittal, may reverse retreat from US: Report

Indian steel magnate Lakshmi Mittal's company ArcelorMittal SA may not have to retreat from the US as US Steel Corp has reportedly proposed a new offer to the company. According to a report by Reuters, ArcelorMittal, which is the world's second-largest steelmaker, is also considering the offer by US Steel. Mittal is discussing a possible offer with its investment bankers, and there is no certainty that it will press ahead with it, Reuters mentioned adding sources.

17.08 / 01:21

UPS Reuters Progressive Continental show country BRICS nations to meet in South Africa seeking to blunt Western dominance

BRICS leaders meet in South Africa next week to discuss how to turn a loose club of nations accounting for a quarter of the global economy into a geopolitical force that can challenge the West's dominance in world affairs. Russian President Vladimir Putin, who faces an international arrest warrant over alleged war crimes in Ukraine, will not join leaders from Brazil, India, China and South Africa amid rifts over whether to expand the bloc to include dozens of «Global South» nations queuing up to join.

16.08 / 23:35

CEO Walmart performer track star Sam International Walmart promotes CEO of Sam's Club to head International division

By Siddharth Cavale and Ananya Mariam Rajesh

16.08 / 21:33

Digital Racing film love Fast X’s Digital Release: See when and where to watch

Fast X," the tenth installment of the «Fast & Furious» series, will debut on Peacock on September 15. The movie had a theatrical release starting in May. On the same day, Peacock will also feature three other films from the franchise: «Fast and Furious 6,» «Fate of the Furious,» and «Fast & Furious Presents: Hobbs & Shaw.» Additionally, «Furious 7» will be available for streaming on October 1.

16.08 / 17:13

Provident MET Progressive country Latest round of border talks with India held in 'candid and pragmatic atmosphere': China

Line of Actual Control in the Western Sector. The 19th round of China-India Corps Commander Level Meeting was held at Chushul-Moldo border meeting point on the Indian side from August 13 to 14. A joint press release issued after the two-day talks did not indicate any immediate breakthrough in the disengagement of troops in the remaining friction points.

16.08 / 16:59

UPS IPO AXY Manufacturing Cummins Happy Forgings files papers for ₹1,300 crore IPO with Sebi

₹1,200-1,300 crore through an initial public offering (IPO). According to the Happy Forgings’s DRHP, the IPO comprises a fresh issue of equity shares worth ₹500 crore and an offer for sale (OFS) of up to 80.55 lakh shares by a promoter and a selling shareholder. Ludhiana-based Happy Forgings may also consider a pre-IPO placement of shares aggregating up to ₹100 crore.

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