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...“We do a lot of R&D across our [priority] diseases — and now these amazing foundations are also increasing what they do.”...
...It has so far distributed about R$35.5bn ($7bn). The UK legal case, the country’s largest-ever class action, is due to start in October....
...Maduro’s vice-president Delcy Rodriguez was instrumental in arranging the meeting on the Venezuelan side, according to another person with knowledge of the matter....
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment....
...The retailer’s declining sales continued in the third quarter, falling 13 per cent in constant currency terms to R$830mn....
...In parallel to Renova, Samarco has separately made R$2.6bn in direct compensation payments....
...The sum includes R$37bn already disbursed for compensation and repairs....
...“We respect our word, and will never tolerate an ultimatum,” Rodríguez said. “We shall see who complied and who didn’t comply with their word and their commitments.”...
...When the leftwing presidents of Brazil and Colombia questioned socialist Venezuela’s decision to ban the main opposition candidate from running in July’s presidential election, Jorge Rodríguez, president...
...A day earlier, Toyota outlined R$11bn for its facilities in the country by the end of the decade....
...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....
...Toyota has pledged to invest R$11bn ($2.2bn) in Brazil by the end of the decade, boosting president Luiz Inácio Lula da Silva’s goal to revive manufacturing in the South American nation....
...“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....
...Revenues meanwhile increased from R$140mn in 2022 to R$402mn last year. Textor says the target is to break even next year....
...In Mexico, President Andrés Manuel López Obrador has been criticised for nominating central bank board members seen as close to him, including its first female governor, Victoria Rodríguez....
...michael.pooler@ft.com...
...“Everything points to this being the roughest [presidential] transition in at least a decade,” said Fabio Rodríguez, associate director at M&R Asociados consultancy in Buenos Aires....
...After the Mariana disaster they had originally filed a lawsuit demanding R$155bn in compensation....
...“Everything points to this being the roughest transition in at least a decade,” said Fabio Rodríguez, associate director of M&R Asociados, a consultancy in Buenos Aires....
...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...
...Michael Lohan, chief executive of IDA Ireland, the foreign direct investment promotion agency, told the Financial Times that new rules proposed by Brussels last year risk further widening the gap between...
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment. Read more here....
...director of Buenos Aires-based consultancy M&R Asociados....
...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....
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