International Finance

Tag : Brazil

Technology

The Economic Impact of Cybercrime: McAfee report

International Finance Desk
The report found high correlation between third-tier wealthy nations and cybercrime loss of US$600bn in 2017—a serious rise from three years ago...
Banking

Banco Santander’s Q4 profit rose to 1.6 billion euros

For 2016, Spain’s biggest bank reported net profit of 6.2 billion euros IFM Correspondent January 27, 2017: Banco Santander SA said fourth quarter profit rose to 1.6 billion euros on lower provisions for bad loans and higher income from fees and from its business in Brazil. Spain’s biggest bank boasted a 4 percent rise in...
Economy

UK Black Friday growth may surpass that of US

Global online retail analysis reveals rise in UK spending while US shoppers migrate to cyber Monday IFM Correspondent November 24, 2016: The UK is set for higher online Black Friday retail spending growth than the US, according to new data from Ingenico ePayments, the online and mobile division of Ingenico Group. Ingenico ePayments’ global analysis of online retail...
FinanceWealth Management

Brazil’s Growing Trade Needs Better Infrastructure and More Investments

International Finance Desk
Brazil benefited from a high global demand for commodities, such as minerals and food products. But if it weren’t for that, the country wouldn’t have performed so well. Think of a ton of soybeans being transported from the fields of Mato Grosso do Sul – a state neighboring Paraguay – to the ports of Santos...
Economy

Brazil takes a $27 billion hit

International Finance Desk
That’s the cost of the Petrobras scandal to the world’s seventh largest economy Kamilia Lahrichi April 8, 2015: The Petrobras oil scandal, which sparked massive protests across Brazil against the government’s corruption and the economic slowdown, has cost $27.1 billion to the GDP of the world’s seventh largest economy, according to an April 2015 study...
Fintech

Nasdaq extends contract with BM&FBOVESPA

The exchange groups renew their partnership to continue fighting market abuse in the Brazilian market August 19, 2016: Nasdaq announced the extension of their contract regarding BM&FBOVESPA’s – the largest stock exchange in Latin America – use of the SMARTS Market Surveillance platform across Brazil’s equities, commodities and futures markets. Nasdaq has been working with...
Business Leaders

‘The debt problem in China is not hype’

American economist James Rickards says collapse of the debt and property bubble there could well be the catalyst for a global economic crisis Suparna Goswami Bhattacharya November 7, 2014: James Rickards, American lawyer, economist, investment banker and author of books of like Currency Wars and Death of Money, is one of the speakers at the...