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Banco Espirito Santo Rises on Debt Crisis Measures: Lisbon Mover
June 29 (Bloomberg) -- 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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People Desperate To Get Their Money Out Of Greece And Spain Are Flooding ...
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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Brazil Signals More Rate Cuts While Cutting Growth Forecast
The strong recovery implied in today's central bank projections may be overly optimistic, said Flavio Serrano, senior economist at Banco Espirito Santo Investment Bank. �We maintain a view of a weak economy on average,� Serrano said by telephone from ...
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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. Prices measured by the index probably will slide 6.2 percent to $737.5 per ton at the end of ...
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Marcopolo Rises in Sao Paulo on Plan to Build Minibus Plant
June 12 (Bloomberg) -- Marcopolo SA, 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 ...
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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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Comsigua leads briquette production in 2011
Venezuelan briquette maker Comsigua led hot briquetted iron (HBI) production in the country in 2011 with 842,700t, or 44%, according to figures from the International Iron Metallics Association (IIMA).
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ANI, Fonade award consultancy contracts for upcoming US$11bn hwy ...
Colombia's national infrastructure agency (ANI) and the country's state fund for project development (Fonade) have awarded four consultancy contracts to structure concessions planned to be launched in the next few years.
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