Capital International Investors (CII) recently reduced its stake in Gerdau (GGBR4) to 68,851,521 shares, representing 4.96% ownership. This adjustment reflects broader changes in the steel manufacturer’s market dynamics and investor sentiment. Gerdau demonstrated strong financial results with net revenue reaching R$68.91 billion ($12.3 billion) and net profit of R$7.53 billion ($1.34 billion). The company’s EBITDA […]
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U.S. acknowledges role in 1973 Chilean coup after declassifying key documents
The US government recently declassified two key reports related to the 1973 coup in Chile, acknowledging its involvement in the incident. The US embassy in Chile communicated that as part of a commitment to increase transparency, portions of the president’s daily reports from September 8 and 11, 1973, concerning Chile, were made public. These documents […]
