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...But he added that “Enel has almost doubled investments . . . to about R$1.5bn [$300mn] a year, compared with R$800mn invested by the previous concession holder....
...Of the R$1.4tn ($290bn) of investments targeted by 2026, there is to be $76bn of federal funding....
...Most prominent among the city’s plans is a R$1bn subsidy package for companies that renovate old or abandoned buildings....
...The proceeds were earmarked for funding private equity firm CD&R’s acquisition of a majority stake in Presidio from BC Partners....
...His sister Ida R Cummings wears the eyeglasses, pearls and severe hair-do appropriate for the city’s first Black kindergarten teacher....
...It paves the way for a major public works programme underpinned by R$370bn ($74bn) of federal funds over four years. “The new framework expands the government’s margins for investments and spending....
...Between June and July, the government spent R$650mn ($135mn) subsidising the sale of 125,000 so-called “people’s cars” to less well-off citizens....
...The proposal has been met with scepticism by other government officials, including the state senate president and the governor of Illinois, J.B. Pritzker....
...Maxeon Solar named Donald J Foldenauer as general manager of its billion-dollar manufacturing solar facility in New Mexico, which was announced in August. More on jobs . . ....
...As Congress stripped power from his ministries this month, Lula released R$1.7bn ($350mn) in such stipends to try limit the damage — the largest single-day release of funds of this type under this government...
...Another cash offer for the entire stake worth R$10bn came from J&F Investimentos....
...Jae5 has given it a London stamp, especially through his work with leading UK rapper J Hus....
...Americanas’ trio of billionaire shareholders and creditors have been hashing out the terms of a financial rescue that would involve them injecting up to R$12bn (US$2.5bn), while creditors accept a debt-for-equity...
...The crumpled Japanese wool-linen or Harris Tweed coats (from £1,440) with their distinctive small-shouldered, long-skirted silhouette have garnered a cult following....
...The Biden’s administration has increased diplomatic engagement with Africa, with visits by several top officials including vice-president Kamala Harris and treasury secretary Janet Yellen....
...Officials forecast total public revenues of R$2.37trn this year....
...Yet at well over 20 songs once you count the bonus material, Don Juan feels cluttered; yet more collaborations, with Burna Boy and J Balvin, were announced, but it’s unclear when these will drop....
...He has fallen off the jazz radar of late, but remains busy behind the scenes in high-profile hip-hop and R&B — credits range from Nas and Mos Def to Mary J Blige and Kendrick Lamar....
...“When we are facing a R$20bn loss that becomes R$43bn [at bankruptcy], I don’t see how we can’t hold responsible each and every citizen that was checking the accounts of the company,” he added....
...several prominent Brazilian billionaires, including the country’s richest man Jorge Paulo Lemann, Americanas has been engulfed in a maelstrom since it revealed accounting “inconsistencies” of more than R$20bn...
...Merck, BMS, J&J, Novartis and some trade groups have launched a legal broadside against them, filing lawsuits in several different courts across the US....
...The package envisages increasing revenues by more than R$190bn, while reducing expenses by R$50bn....
...Joining Plotkin and Schnall in the new ownership group is the sports-focused investment fund Dyal HomeCourt Partners, a division of asset management firm Blue Owl, and rapper J Cole, a North Carolina native...
...The breathy shimmy of “Good At Breaking Hearts” is enriched by the gorgeous vocals of UK R&B talent JNR Williams....
...Then on Thursday, Americanas revealed it had just R$800mn available in cash, shortly before filing for bankruptcy protection. The retailer declared debts of R$43bn to the court....
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