TelecomHuawei in talks with China Mobile to buy Brazil’s OiPritam BordoloiSeptember 24, 2019November 4, 2019 by Pritam BordoloiSeptember 24, 2019November 4, 2019 Spain’s Telefonica and Italy’s Telecom Italia are also potential bidders... Read more
BankingMagazineSeptember-October 2019 IssueBrazil’s rigid banking system starts dallying with fintech startupsInternational FinanceSeptember 24, 2019December 19, 2019 by International FinanceSeptember 24, 2019December 19, 2019 Brazil’s famously closed financial system is ready for change with an open attitude to innovation... Read more
InsuranceFrance’s CNP to sign $1.7 bn insurance deal with Brazil bankPritam BordoloiSeptember 20, 2019November 4, 2019 by Pritam BordoloiSeptember 20, 2019November 4, 2019 CNP will sell insurance through Caixa’s 3000 branches... Read more
Asset ManagementBrazil fund manager XP Investimentos for January US IPOPritam BordoloiSeptember 13, 2019November 4, 2019 by Pritam BordoloiSeptember 13, 2019November 4, 2019 Hires investment banks such as JP Morgan, Goldman Sachs, and Morgan Stanley to manage IPO... Read more
BankingMoneycorp licenced to be its fifth forex bank in BrazilInternational Finance DeskSeptember 11, 2019December 16, 2019 by International Finance DeskSeptember 11, 2019December 16, 2019 It is the second international banking licence for Moneycorp after the European licence it holds in Gibraltar... Read more
Real EstateBrazil’s QuintoAndar secures $250 mn SoftBank led fundingInternational Finance DeskSeptember 10, 2019December 23, 2019 by International Finance DeskSeptember 10, 2019December 23, 2019 With the new funding from SoftBank, the Brazilian company enters the unicorn territory with a valuation of over $1 bn... Read more
Oil & GasPetrobras privatisation attracts oil giants Aramco and PetroChinaInternational Finance DeskAugust 28, 2019December 17, 2019 by International Finance DeskAugust 28, 2019December 17, 2019 The privatisation of eight Petrobras’ refineries could raise around $18 bn... Read more
LogisticsBrazil privatisation: postal service, Santos port operator to be soldInternational Finance DeskAugust 22, 2019December 17, 2019 by International Finance DeskAugust 22, 2019December 17, 2019 The government plans to privatise nine state-owned companies to raise $323 bn... Read more
AviationBrazil’s Azul mounts challenge to rivals with 17 Sao Paulo-Rio flightsInternational Finance DeskAugust 13, 2019March 18, 2020 by International Finance DeskAugust 13, 2019March 18, 2020 The decision comes after Avianca Brazil ceased to operate due to bankruptcy... Read more
Oil & GasBrazil liberalisation to unlock natural gas value chainInternational Finance DeskAugust 8, 2019March 18, 2020 by International Finance DeskAugust 8, 2019March 18, 2020 The decision is aimed at stimulating demand from the power sector and at lowering the domestic price of the fuel... Read more