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...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....
...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....
...We had help this week from Denise Gura, Cara Schillin, Jess Smith, Katya Kumkova, David da Silva, Michael Lello, Peter Barber and Gavin Kallman. Our executive producer is Topher Forhecz....
...Additional help by Denise Guerra, Cara Shillenn, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez....
...February 10 to April 6; further information here Jazz in the Gardens, Hard Rock Stadium One of the world’s key live jazz and R&B festivals returns for its 17th edition, with soul, funk, Afrobeats and gospel...
...A day earlier, Toyota outlined R$11bn for its facilities in the country by the end of the decade....
...Michael Sheen stars as Bevan. February 24 to May 11; Find information and tickets here....
...Melbourne International Comedy Festival One of the globe’s biggest comedy festivals takes over Melbourne, as comedians from around the world descend on the Victorian capital, including former doctor Adam Kay...
...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....
...Until May 26; further information and tickets here Performance ‘The Hours’, Royal Danish Playhouse A Danish-language adaptation of Michael Cunningham’s novel....
...Spoken word, folk, hip hop and R&B are placed alongside traditional opera....
...Michael Winum, Fabrice Scott and Maxime de Toledo star....
...“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....
...April 23 to May 17; further information and tickets here Pulitzer Prize-winning composer Kevin Puts’ operatic adaptation of Michael Cunningham’s novel The Hours returns after its world premiere last season...
...Revenues meanwhile increased from R$140mn in 2022 to R$402mn last year. Textor says the target is to break even next year....
...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...
...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....
...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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