Latest news with #SAO PAULO
Reuters
4 days ago
- Business
- Reuters
Banco do Brasil's adjusted net profit falls 60% in second quarter
SAO PAULO, Aug 14 (Reuters) - Brazilian state-run lender Banco do Brasil ( opens new tab posted on Thursday a net adjusted profit of 3.8 billion reais ($702.4 million) for the second quarter, down 60.2% from a year earlier and below the 5 billion reais expected in an LSEG poll. The lender also said it expects adjusted net profit for the year to reach between 21 billion reais and 25 billion reais, after it had placed a previous estimate under review in May. ($1 = 5.4101 reais)
Washington Post
08-08-2025
- Politics
- Washington Post
Brazil's Lula vetoes parts of environment bill pushed by the opposition that could harm the Amazon
SAO PAULO — Brazil's president vetoed Friday parts of a congressional bill that sought to overhaul the country's environmental licensing rules — legislation pushed by the right-wing opposition but which environmentalists say would impede efforts to protect sensitive areas such as the Amazon rainforest . Luiz Inácio Lula da Silva threw out 63 out of the controversial bill's 400 measures, the government said, though the significance of the vetoes will be clearer once the bill is published in the official gazette and goes into effect.
