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Banco Espirito Santo Rises on Debt Crisis Measures: Lisbon Mover
Banco Espirito Santo SA, Portugal's biggest publicly traded bank by market value, rose the most in more than three weeks after European leaders agreed to ease repayment rules for emergency loans to Spanish lenders.
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Portugal's progress boosts confidence back home
Ronaldo advertises a similar deposit from BCP's rival Banco Espirito Santo where he invites people to "invest in themselves" and save money.
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Fibria, Suzano Cut Most as Brazilian Pulp Exports Falter
The rise is unsustainable as producers increase supply amid slowing consumption growth in China and declining sales in Europe, according to Banco Santander SA. (SAN) Prices measured by the index probably will slide 6.2 percent to $737.5 per ton at the ...
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Marcopolo Rises in Sao Paulo on Plan to Build Minibus Plant
Marcopolo SA (POMO4), a Brazilian truck and bus bodies manufacturer, rose to a one-week high after saying it will build a 35 million-real ($17 million) plant in the state of Espirito Santo. Shares gained 1.2 percent to 9.02 reais at the close in Sao ...
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Capital Flight Leaves Banks in Germany Awash in Deposits
European banks tumbled today, pushing the Bloomberg Europe Banks and Financial Services Index as much as 2.7 percent lower, led by Italy's Banca Monte dei Paschi di Siena SpA and Lisbon- based Banco Espirito Santo SA. The yield on the 10-year ...
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Banco Comercial Extends Drop on Capital Increase: Lisbon Mover
Banco Comercial Portugues SA (BCP), Portugal's second-biggest bank by market value, declined to a record low in Lisbon trading today after tapping state funds to bolster its finances.
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Analysis - Auto loans adding to Brazil banks' woes
The newfound prudence of banks will be tested in coming months as President Dilma Rousseff pushes lenders to offer more vehicle financing to jumpstart Brazil's economy, said Gustavo Schroden, an analyst with Espirito Santo Investment Bank. ... some ...
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Brazil's Inflation Slows More Than Expected on Weak Growth
�We are likely to go through a phase of inflation under control, which will leave the central bank at ease to continue to cut interest rates,� Luciano Rostagno, chief strategist at Banco WestLB do Brasil SA, said in a phone interview from Sao Paulo ...
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Air Works India Buys Stake in Dubai's Empire Aviation Group
New Delhi - Air Works India Engineering Pvt. Ltd. said Monday it has purchased a strategic stake in Dubai-based Empire Aviation Group for 1.2 billion rupees ($22 million) as part of steps to expand its footprint in the Middle East and provide aircraft ...
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WPP Buys Majority Stake in Indian Digital Advertising Firm
Mumbai - Media and advertising firm WPP PLC said Wednesday its wholly-owned operating unit JWT Singapore, had agreed to acquire a majority stake in Hungama Digital Services Pvt.
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