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Mercedes-Benz and Volkswagen temporarily suspend operations in São Paulo

Mercedes-Benz and Volkswagen have announced temporary suspensions of certain operations in their São Paulo-based facilities due to fluctuations in market demand. Mercedes-Benz’s São Bernardo do Campo plant, primarily focused on truck and aggregate production, will see an extended suspension of worker contracts until August 31. While full production is not halted, the automaker has confirmed […]

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Whether you encounter a sudden medical expense, car repair, or unexpected job loss, dealing with a financial crisis can be incredibly stressful. However, several options are available to help you secure the funds you need during tough times. 39% of adults (20.3 million) don’t feel confident managing their money, and an emergency can make this […]

Petrobras will team up with UAE fund Mubadala for research

Petrobras will team up with UAE fund Mubadala to study bio-refining and renewable fuels. The deal involves MIC Capital Partners, owned by Mubadala. The goal is to help Petrobras in bio-refining projects. Jean Paul Prates, the CEO, supports the deal. He said it helps Petrobras aim for a sustainable future. Last year, Petrobras sold its […]

Kenya and Namibia’s Grey Listing: A Call for Financial Integrity

In February 2024, FATF gray-listed Kenya and Namibia due to anti-money laundering and counter-terrorist financing concerns. This development is critical, as both countries aim to establish themselves as secure, investment-friendly environments within Africa. Kenya and Namibia’s presence on the gray list acknowledges strategic AML/CTF deficiencies in both countries. They must now act swiftly to address […]

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