Brazil’s auto production should fall 35% this year, trade group says
New throughout, adds new production/sales forecasts SAO PAULO, Oct 7 (Reuters) – Brazil’s auto trade group Anfavea on Wednesday published slightly less dim 2020 forecasts for Latin America’s largest car market, which has been slammed by the effects of the…
Golar LNG: No-Go For Hygo After CEO Linked To Brazil’s Car Wash Scandal (NASDAQ:GLNG)
Note: I have covered Golar LNG (GLNG) previously, so investors should view this as an update to my earlier articles on the company. Shares of leading liquid natural gas player Golar LNG have been on a tear as of late…
Brazil’s two top car rental companies announce merger
SAO PAULO, Sept. 23 (Xinhua) — Brazil’s two leading car rental companies, Localiza and Unidas, on Wednesday announced their decision to merge to create the largest company of its kind in many South American countries. The CEO of Localiza, Eugenio…
Brazil’s retail sales in July surge to six-year high, near all-time peak
BRASILIA (Reuters) – Brazilian retail sales in July surged to their highest in almost six years, official figures showed on Thursday, as the continued easing of lockdown measures across the country fueled another strong monthly rebound in activity. The 5.2%…
