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...Additional reporting by Michael Acton in San Francisco and David Keohane in Tokyo...
...The retailer’s declining sales continued in the third quarter, falling 13 per cent in constant currency terms to R$830mn....
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment....
...Jindal said the venture depended on MG for technology and that it wanted to, by 2030, “totally indigenise, even the R&D”....
...“What has been unfolding in Gaza and [Israeli prime minister Benjamin] Netanyahu’s intransigence has generated a pretty united picture in Latin America that goes beyond left and right politics,” said Michael...
...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....
...Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
...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...
...of the economy has dropped under Modi to less than 0.7 per cent of GDP, a lower rate than that of any other Brics country and far below the roughly 5 per cent of GDP spent by some of the world’s biggest R&...
...After the Mariana disaster they had originally filed a lawsuit demanding R$155bn in compensation....
...Additional reporting by Lauren Fedor in Washington and Michael Acton in San Francisco...
...Relx, formerly known as Reed Elsevier, publishes information for the scientific and legal sectors, among others. All steady businesses that don’t lend themselves to high risk, high return strategies....
...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...
...An assassination on Canadian soil, if confirmed, would mark a step change in the R&AW’s audacity....
...Sequoia Capital is seeking to close a schism between its past and present leaders, after an extraordinary boardroom battle involving Silicon Valley’s most storied venture firm and its former boss Michael...
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment. Read more here....
...“We want our loved ones back,” said Michael. His message to the Israeli premier: “Do whatever you have to do.”...
...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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