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...Legendary US runner Michael Johnson recently announced plans for a new track league designed to be more TV-friendly. So watch this space....
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...Stellantis has unveiled a R$30bn (US$6bn) programme to upgrade car production in Brazil, joining a $14bn wave of investment pledges by global carmakers in Latin America’s largest economy this year....
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...“We employ a consultancy to do our R&D claims for us because we haven’t got the time to fight the claims,” he said....
...michael.pooler@ft.com...
...After the Mariana disaster they had originally filed a lawsuit demanding R$155bn in compensation....
...A Brazilian court has ordered iron ore producer Samarco along with its owners Vale and BHP to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...A Brazilian court has ordered iron ore producer Samarco, along with its owners Vale and BHP, to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment. Read more here....
...The company, which at the start of the year uncovered accounting irregularities now estimated at R$25bn ($5.1bn), said the binding agreement covered 35 per cent of its debt....
...Even so, XP’s net inflows in the first quarter slumped 65 per cent year on year to R$16bn, the lowest level since the start of the coronavirus crisis. Net income shrank 7 per cent to R$796mn....
...Posen: What I call China’s structural problems are very different than what, say, Michael Pettis or Adam Tooze call China’s structural problems....
...That decision has helped draw out the crypto bulls....
...The São Paulo-headquartered corporation has already paid out R$3.8bn in compensation, financial aid and relocation support under a redress scheme....
...But there are concerns that, with such recent dominance, Red Bull was able to decide, early in the season, to divert its R&D programme to the design of its 2024 car, rather than develop the 2023 car as its...
...Most prominent among the city’s plans is a R$1bn subsidy package for companies that renovate old or abandoned buildings....
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