California man arrested in deaths of three women in Mexico

Economic Week Ahead: Selic Decision, Fed Meeting, and U.S. Elections Take Center Stage

The upcoming economic week from November 4 to 8 brings a mix of crucial national and international events. Investors should pay close attention to these developments. The week kicks off with the release of the Focus Report on Monday. The Brazilian Central Bank prepares this document, which outlines key market economic forecasts. Additionally, São Paulo’s […]

Europe’s biggest IPO prudently tests the water

Europe’s biggest listing this year is off to a cautious start. Hidroelectrica, Romania’s top hydropower producer, priced on Wednesday its initial public offering (IPO) at 104 lei ($22.87 per share, the middle of a proposed range, raising 1.8 billion euros. That values the whole utility at 46.8 billion lei, or 9.4 billion euros. It also […]

Azul Airlines Restructures R$3 Billion Debt with Creditors

Azul Airlines, Brazil’s leading carrier, has achieved a significant milestone in its financial recovery efforts. The company recently announced agreements with 92% of its aircraft lessors and equipment manufacturers. These deals cover approximately R$3 billion ($545 million) in obligations, marking a decisive moment for Azul’s future. The restructuring plan involves converting a portion of the […]