Rise in Water Meter Thefts Affecting Sabesp Operations
Sabesp reports a significant increase in water meter thefts across the state of São Paulo, prompting the company to advise customers on reporting procedures for free equipment replacement.
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STRATEC SE Announces Major Voting Rights Notification Regarding Morgan Stanley
STRATEC SE has published a formal notification of major holdings, disclosing that Morgan Stanley has crossed a voting rights threshold.
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Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.
Brazilian Stocks Rally 14%, Eye Best Day Since 2020 After Bolsonaro's First-Round Victory
Brazil stocks: the iShares MSCI Brazil ETF jumps 13% after Flávio Bolsonaro beats Lula in the first round, setting up an Oct. 25 runoff.