Tag: Usiminas
Japan’s Sumitomo Buys Stake in Brazil’s Second Largest Steelmaker
Usinas Siderúrgicas de Minas Gerais SA (Usiminas), Brazil’s second-largest steelmaker, agreed to sell a ...
Brazil Lends US$ 420 Million to Giant Steelworks Complex Usiminas
Brazil’s BNDES (Nacional Bank for Economic and Social Development) has approved the concession of ...
Strong Surplus Gives Brazilian Stocks Some Muscle
Brazilian stocks continued to move higher, although at a more modest pace after Thursday’s ...
First Quarter Earnings Reports Drive Brazilian Stocks to Record Day
Latin American stocks advanced, with Brazilian shares getting a boost from optimism about local ...
Fed Chief’s Comments Scare Off Brazilian Investors
Brazilian stocks retreated on concerns that the U.S. Federal Reserve’s interest-rate hiking cycle will ...
Fear of Higher Interest Rates Brings Brazilian Market Tumbling Down
Latin American stocks tumbled, as investors took profits and reacted to gloomy analyst commentary ...
Standard and Poors Rates Brazil a Notch Higher
Latin American markets were mixed to lower, this Tuesday, with Mexican stocks following Wall ...
In Brazil All Eyes Are on the Central Bank, Hoping for Interest Cuts
Latin American markets drifted lower, amid a dearth of catalysts, and as global equities ...
Brazilian Stocks Bump Up Despite Continued Political Chaos
Brazilian stocks went up, but Latin American markets ended mixed to higher, amid declining ...
Enduring Scandal Drags Brazilian Stocks Down
Latin American markets were mostly weaker today, as Brazil posted a more meaningful decline ...