Author: RT Staff Reporters
Rio Times Staff Reporters (RT Staff Reporters) is a team of reporters from Rio Times covering local news from Brazil as well as international stories making headlines.
On a turbulent day of trading, the Ibovespa index closed with a 0.25% gain, reaching 122,641.30 points, an increase of…
South Africa’s ANC and DA are engaged in detailed coalition discussions to form a new government, despite significant tensions. Presidents…
In Mozambique, a narrative of resilience emerges amidst increasing poverty levels. Shockingly, poverty has spiked by 87% since 2012, affecting…
Sabesp, São Paulo’s leading utility firm, experienced a 4.11% increase in stock value, soaring to R$77.93, indicating robust market confidence…
The São Paulo state has initiated the sale of 191,713,044 Sabesp shares, with a possibility of an additional 28,756,956 shares…
In Brazil’s fast-paced corporate landscape, strategic maneuvers by BB Seguridade, Zamp, and Sabesp are grabbing attention. BB Seguridade’s announcement of…
This week, the commodities market observed fluctuations in oil prices, reflecting the international market’s dynamics. Despite daily drops, overall gains…
In Kenya, the 2024 Finance Bill has sparked massive protests and backlash following its approval by Parliament. Despite attempts to…
Welcome to today’s financial morning call, where we bring you key updates to keep you informed before the market opens.…
In a recent strategic move, Itaú BBA downgraded Wiz, a prominent player in the Brazilian insurance brokerage market, from ‘outperform’…