ByteDance is accelerating its Brazil expansion with a major data center project in Ceara state, where hundreds of workers are building what could become TikTok owner's largest data center complex outside China. The project carries an estimated price tag of 200 billion reais ($39 billion), with plan…
Revenue declined 16.8% year-over-year to R$127.8 million, but gross margin and adjusted EBITDA improved significantly. The discontinuation of the B2C segment and a major capitalization strengthened liquidity, with positive operational cash generation achieved despite a net loss.Original document: S…
WASHINGTON (dpa-AFX) - Alcoa Corporation (AA) said late Tuesday it has agreed to acquire South32 Limited's aluminum, alumina and bauxite assets in a cash-and-stock deal valued at about $4.1 billion upfront.The acquisition includes South32's interests in the Boddington bauxite mine and Worsley alumi…
A comprehensive ESG strategy drives progress in safety, dam management, emissions reduction, and social responsibility. Circularity and innovation are central to operational excellence, while reparations and community engagement remain priorities. ESG ratings and transparency have improved signific…
The year saw major restructuring progress, with over 80% creditor support for BRL 65.1 billion in debt and significant portfolio simplification. Despite macroeconomic and weather challenges, efficiency gains and disciplined capital allocation improved profitability in core segments, while divestmen…
Restructuring efforts advanced with over 80% creditor support, while efficiency initiatives drove BRL 1 billion in recurring gains and CapEx was cut by 28%. Fuel distribution outperformed with strong volume and profitability growth, but sugar and ethanol faced headwinds from weather and prices.Base…
Net loss widened to BRL -27.1 billion due to a large non-cash provision and impairment, with revenue down 12% year-over-year. Fuel Distribution Brazil showed strong volume and EBITDA growth, but ESB and Argentina faced headwinds from weather, FX, and market volatility.Original document: Raizen SA N…
TORONTO, June 30, 2026 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. TSX:BSX OTCQX:BSXGF (the “Company” or “Belo Sun”) is pleased to provide an update on recent developments related to its Volta Grande Gold Project (“Project”) located in Pará State, Brazil.Clovis Torres, Chairman and Chief Executive Of…
WASHINGTON (dpa-AFX) - Packaged foods company Hormel Foods Corp. (HRL) late Monday announced that it has agreed to sell its Brazilian operations, operated under the Ceratti brand, to Zanchetta Alimentos Ltda, a Brazilian food company. The financial terms of the deal were not disclosed.Hormel expect…
Significant deleveraging and restructuring led to improved margins and reduced debt, with core operations in bank object delivery and B2B logistics preserved. The exit from B2C logistics and asset sales are expected to further strengthen results in 2026.Original document: Sequoia Logistica e Transp…
Faced with severe operational and financial headwinds, the company executed major cost reductions, advanced a creditor-backed restructuring plan, and recognized significant non-cash impairments. Despite lower revenues and a net loss, operational efficiency gains and portfolio optimization support a…
Senzime announced today that the TetraGraph system has received approval from the Brazilian Health Regulatory Agency (ANVISA), enabling sales in the Brazilian market. Senzime has initiated commercialization through a local partner, and first order has been received.Brazil is the world’s 10th larges…
LUND, Sweden, June 29, 2026 /PRNewswire/ -- Alfa Laval today announces the signing of a 1.1 BSEK (102 MEUR) contract to supply Hydrotreated Vegetable Oil (HVO) pre-treatment technology for Acelen's new biorefinery project in Brazil. The order will be fulfilled in phases until completion of the proj…