Born from two privatizations and some mergers carried out in Paraná, Ligga Telecom, despite being young, is considered one of the largest in the telecommunications sector in Brazil. The company is now preparing for new challenges: after being one of the winners of the 5G auction held by the National Telecommunications Agency (Anatel), Ligga is […]
Joe
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
Natura&Co has new loss in the 3rd quarter and withdraws projections
Cosmetics maker Natura&Co on Wednesday night reported its third consecutive quarterly loss and discontinued projections as it deepens restructuring efforts. Hard hit by the global drop in demand in the face of high inflation, the owner of the Natura, Avon International, Aesop and Body Shop brands recorded a net loss attributable to controllers of R$ […]
After 3 months of deflation, IPCA rose 0.59% in October, says IBGE
After three consecutive months of deflation, the IPCA (Broad Consumer Price Index) – which measures the country’s official inflation -, increased by 0.59% in October, informed the IBGE (Brazilian Institute of Geography and Statistics) this Thursday. thursday (10). As a result, accumulated inflation for the year reached 4.7%. In the last 12 months, the indicator […]
ECB to lend more of its bonds to ease market tightening
The European Central Bank has increased the amount of bonds it can lend to 250 billion euros to ease a market squeeze that is likely to worsen next year, Isabel Schnabel, a member of the ECB’s board, said on Thursday. With the ECB holding trillions of euros in government debt, market participants often struggle to […]
Japanese central bank president sets way out of loose monetary policy
Bank of Japan Governor Haruhiko Kuroda said on Thursday that any future debate on an exit from ultra-loose monetary policy would focus on the pace of short-term interest rate hikes and adjustments to the central bank’s huge balance sheet. Kuroda dismissed the chance of an interest rate hike in the short term, stressing that the […]
In first email to Twitter employees, Musk warns of ‘tough times’
Twitter’s new CEO Elon Musk sent his first email to employees on Wednesday night since taking over the social networking platform. In the statement, Musk urged the team to prepare for “difficult times ahead” and that he could not soften the economic outlook for Twitter, a company whose main source of revenue is digital advertising. […]
Iron ore drops as China’s Covid problems intensify
Iron ore futures on the Dalian and Singapore exchanges fell on Thursday after a seven-session rally, as China struggled with a rise in Covid-19 infections, prompting traders to secure their profits. . Economic growth in China, the world’s biggest consumer of iron ore and other steel inputs, is hitting a speed bump early in the […]
IPC-Fipe rises 0.41% in the 1st quadrissemana of November, after rising 0.45% in October
The Consumer Price Index (CPI), which measures inflation in the city of São Paulo, rose 0.41% in the first four weeks of November, losing strength from the high of 0.45% observed at the end of October, according to data. published this Thursday, 10th, by the Economic Research Institute Foundation (Fipe). In the initial reading this […]
China and Hong Kong stocks fall on Covid-19 outbreaks and weak economic data
Shares in China and Hong Kong fell on Thursday, as the worsening Covid-19 situation and weak economic data offset optimism about an eventual economic reopening. The CSI 300 index, which brings together the largest companies listed in Shanghai and Shenzhen, closed down 0.77%, while the Shanghai index fell 0.39%. Hong Kong’s Hang Seng Index was […]
What to expect from US inflation data this Thursday (10)
The economy was voters’ top concern in the US midterm elections, exit polls showed, adding even more weight to a highly anticipated inflation report to be released on Thursday. The October Consumer Price Index (CPI), which measures the change in prices from pork chops to airline tickets, will provide the latest information on whether Americans […]
