Latest Sao Paulo News
Sabesp: Q3 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — Companhia de Saneamento Basico do Estado de Sao Paulo (SBS) on Tuesday reported net income of $1.1 billion in its third quarter. The Sao Paulo-based company said it had net income of $1.61 per share. The waste management company...
1 killed and 3 wounded after gunmen open fire at Brazil’s largest international airport
SAO PAULO (AP) — Brazilian police said that unidentified gunmen in a black car opened fire at Sao Paulo’s International Airport in Guarulhos on Friday afternoon, killing one person and injuring three others. Police identified the fatal victim as Antônio Vinícius Lopes...
BrasilAgro: Fiscal Q1 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — BrasilAgro Cia Brasileira De Propriedades Agricolas (LND) on Wednesday reported earnings of $17.6 million in its fiscal first quarter. On a per-share basis, the Sao Paulo-based company said it had profit of 17 cents. The...
Banco Itau: Q3 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — Itau Unibanco Holding S.A. (ITUB) on Tuesday reported third-quarter net income of $1.87 billion. The bank, based in Sao Paulo, said it had earnings of 19 cents per share. The results met Wall Street expectations. The average...
CBD: Q3 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — Companhia Brasileira de Distribuicao (CBDBY) on Tuesday reported a loss of $56.1 million in its third quarter. The Sao Paulo-based company said it had a loss of 10 cents per share. Losses, adjusted to account for discontinued operations, came to...
Telefonica Brasil: Q3 Earnings Snapshot
SAO PAULO-SP, Brazil (AP) — SAO PAULO-SP, Brazil (AP) — Telefonica Brasil SA (VIV) on Tuesday reported net income of $300.6 million in its third quarter. On a per-share basis, the Sao paulo-Sp, Brazil-based company said it had net income of 18 cents. The...
Red Bull driver Max Verstappen wins Brazilian Grand Prix
Brazilian police raid criminal group suspected of smuggling migrants to the US
SAO PAULO (AP) — Brazil’s Federal Police on Thursday conducted raids in six states targeting a criminal group suspected of smuggling migrants to the United States. The police said the group lured Asian migrants, primarily from Bangladesh and Nepal, to Sao Paulo International...
Ambev: Q3 Earnings Snapshot
SAO PAULO (AP) — SAO PAULO (AP) — Ambev SA (ABEV) on Thursday reported third-quarter profit of $624.1 million. On a per-share basis, the Sao Paulo-based company said it had net income of 4 cents. The beverage company posted revenue of $3.99 billion in the period. ...
Voters in Brazil's largest city reelect mayor, who detaches from Bolsonaro after tumultuous campaign
SAO PAULO (AP) — Voters in Brazil’s biggest city, Sao Paulo, reelected Mayor Ricardo Nunes on Sunday following a tumultuous campaign that had pitted him against a leftist ally of President Luiz Inácio Lula da Silva. Nunes, who received lukewarm support from former President Jair...