Brazil’s Ibovespa Falls as Vale’s Decline Weighs Heavily

On Thursday, the Ibovespa index saw a notable drop, contrasting with gains in U.S. stock indices. It closed down 1.39% at 128,142.86 points. This downturn primarily resulted from Vale’s shares falling 1.11%, despite an uptick in iron ore prices in China. Market buzz surrounds the debate on CEO Eduardo Bartolomeo’s retention, showcasing corporate governance’s impact […]

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