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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....
...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....
...Daniel R DePetris Fellow, Defense Priorities (a Washington DC Think-Tank) New Rochelle, NY, US...
...“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....
...Philip Rossetti Senior Fellow for Energy Policy, R Street Institute, Washington, DC, US...
...Chancay, 70km north of Lima, has raised concerns in Washington because of American fears that China is gaining control of large amounts of critical infrastructure in Peru, a crucial mining nation....
...Michael Bright Chief Executive, Structured Finance Association, Washington, DC, US...
...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...
...case shows pretty keen learning from the other legal matters that have involved Apple,” said Bill Kovacic, a former Federal Trade Commission chair and professor of competition law and policy at George Washington...
...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...
...Nemer said committing to funding levels of $10bn-$15bn for R&D would be justified to tackle other pathogens....
...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...
Landmark lawsuit is Biden administration’s first big antitrust action against iPhone maker
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment. Read more here....
...Some economists see signs that the R-star has risen....
Preliminary agreement includes $11bn loan as company expands capacity in Arizona and other states
...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....
...Goldfajn, a former head of the Brazilian central bank, moved from the IMF to head the Washington-based IDB in November 2022 after the board fired the Trump-nominated former president, Mauricio Claver-Carone...
...michael.stott@ft.com...
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