Latest Sao Paulo News
Despegar.com: Q1 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — Despegar.com Corp. (DESP) on Thursday reported earnings of $13.8 million in its first quarter. The Sao Paulo-based company said it had net income of 7 cents per share. Earnings, adjusted for one-time gains and costs, were 18 cents per share. ...
CBD: Q1 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — Companhia Brasileira de Distribuicao (CBDBY) on Tuesday reported a loss of $133.3 million in its first quarter. On a per-share basis, the Sao Paulo-based company said it had a loss of 43 cents. Losses, adjusted to account for discontinued...
Ambev: Q1 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — Ambev SA (ABEV) on Wednesday reported first-quarter earnings of $747 million. The Sao Paulo-based company said it had profit of 5 cents per share. The beverage company posted revenue of $4.09 billion in the period. ...
BRF: Q1 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — BRF SA (BRFS) on Tuesday reported first-quarter net income of $102 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Sao Paulo-based company said it had profit of 6 cents. The chicken,...
Telefonica Brasil: Q1 Earnings Snapshot
SAO PAULO-SP, Brazil (AP) — SAO PAULO-SP, Brazil (AP) — Telefonica Brasil SA (VIV) on Tuesday reported net income of $181 million in its first quarter. On a per-share basis, the Sao paulo-Sp, Brazil-based company said it had net income of 11 cents. The...
Banco Itau: Q1 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — Itau Unibanco Holding S.A. (ITUB) on Monday reported first-quarter earnings of $1.98 billion. The Sao Paulo-based bank said it had earnings of 20 cents per share. The results met Wall Street expectations. The average estimate of...
Brazil's Lula invites Japan's prime minister to eat his country's beef, and become a believer
SAO PAULO (AP) — Brazil's President Luiz Inácio Lula da Silva on Friday welcomed Japan's Prime Minister Fumio Kishida on his first visit to the country, with the two meeting in the capital of Brasilia and the South American leader pushing his counterpart to buy his country's beef. ...
Packers will face Eagles in Brazil in Friday night season opener
The Green Bay Packers will play the Philadelphia Eagles when the NFL holds its first regular-season game in Brazil on Sept. 6. The matchup in Sao Paulo will mark the first time since 1970 that the NFL has played a Friday night game on the season's opening weekend. NFL...
Brazilian police launch investigation into Bolsonaro's 2-night sleepover at Hungarian embassy
SAO PAULO (AP) — Brazil's Federal Police on Monday launched an investigation into former President Jair Bolsonaro's two-night stay last month at the Hungarian embassy in Brasilia, amid widespread speculation from his opponents that he may have been attempting to evade arrest. A...
France's Macron tells Brazilian execs that prospective Mercosur-EU deal is 'terrible' and outdated
SAO PAULO (AP) — French President Emmanuel Macron told Brazilian executives on Wednesday that a proposed deal between the European Union and the South American trade bloc Mercosur is bad for both parties. Speaking at a forum in Sao Paulo, Macron said the Mercosur-EU deal is...