Eletrobras reported on Tuesday night (3) that its board of directors approved a share buyback program that may involve the acquisition of up to 202,111,946 common shares and up to 27,552,681 preferred B shares. The maximum volumes of the program represent 10% of the total outstanding shares of each class and type, Eletrobras said. The […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Asian stocks close mostly higher, awaiting Fed minutes
Stock markets in Asia and the Pacific closed mostly higher on Wednesday (4), awaiting the latest monetary policy minutes from the Federal Reserve (Fed), which may show a more moderate stance by the US central bank on raising interest rates. . Leading the gains in Asia, the Hang Seng index jumped 3.22% in Hong Kong, […]
Euro zone may have milder recession than expected: PMI
Euro zone business activity contracted less than initially thought at the end of last year as price pressures eased, according to a survey that suggested the bloc’s recession may not be as deep as expected. . The final S&P Global Composite Purchasing Managers’ Index (PMI) for the euro zone, seen as a good indicator of […]
After year of record losses, here’s what to expect from the US stock market in 2023
The US stock market tried to recover part of last year’s losses this Tuesday (3), the first trading day of 2023, but that does not mean that this will be the trend in the coming days. If the past year has taught us anything, it’s that we must prepare for the unexpected. On the first […]
See the stocks most recommended by banks and brokerages for the month of January
The first month of 2023 is seen as a period of repositioning and attention to updates from the new government, according to the main analysts in the country. Therefore, the portfolio of recommended actions for the month of January has some changes in relation to the month of December. Petrobras, for example, left the portfolio, […]
CNI hands Alckmin an action plan with priorities for the industrial sector
Vice-president Geraldo Alckmin, visited the National Confederation of Industry (CNI) this Tuesday (3rd) and received, from the entity’s president, Robson Braga de Andrade, a document with 14 priority industry proposals for the first 100 days of government (see below). “The international scenario and the domestic economic context recommend that Brazilian industry offer ways to the […]
Minister of Labor defends appreciation of wages and modernization of the union system
Upon assuming the Ministry of Labor and Social Security, Luiz Marinho said that he intends to take to the National Congress a proposal to permanently preserve the minimum wage above inflation. “We are going to present a proposal for a real appreciation of the minimum wage to President Lula”, added Marinho during the handover ceremony, […]
Critic of the reform, Marinho defends new labor legislation upon taking office
Upon assuming the Ministry of Labor and Social Security, Luiz Marinho defended a new labor legislation, with the objective of increasing productivity in Brazil. A critic of the current reform, Marinho assessed that the path to changes in labor relations in the country lies in the growth of the Brazilian economy. “I want to declare […]
Boy hits all Mega da Virada numbers, but mother doesn’t register game in time
Linda Inês, 28-year-old event promoter, resident of the city of Cajazeiras, in the backlands of Paraíba, has been experiencing a scenario that is somewhat “frustrating and difficult”, as she herself says. On October 30, Linda had a dream in which she was holding a Mega-Sena ticket and crying with happiness. The winning numbers, however, were […]
Caio Paes de Andrade asks for resignation and interim may take over Petrobras this Wednesday
A virtual meeting was opened this Tuesday (3) to evaluate the resignation of the president of Petrobras, Caio Mário Paes de Andrade. Until 9 am this Wednesday (4), the members of the Board of Directors must decide whether the current head of the oil company will leave with the right to the millionaire bonus on […]
