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10.07.25 - 13:06
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Brazil Assets Plunge After Trump Hikes Tariff Rate to 50% | Bloomberg The Pulse 07/10 (Bloomberg)
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Donald Trump's threat to impose 50% tariffs on Brazilian goods sent the country's currency plunging as the US leader sharply escalated a dispute with Latin America's largest nation and leftist leader Luiz Inacio Lula da Silva. In an interview on The Pulse with Francine Lacqua, Giuseppe Lavazza, chairman of Italian roaster Lavazza said the tariffs could lead to coffee prices in Brazil rising "quite a lot".
Meanwhile, Trump said the US would begin levying a 50% tariff on copper imports from Aug. 1, confirming a move that will hurt American producers of everything from automobiles to appliances.
Today's guests: Grace Peters, JPMorgan Private Bank Global Investment Strategy Co-Head, Henry Fernandez, MSCI Chairman & CEO, Patrice Louvet, Ralph Lauren CEO, Giuseppe Lavazza, Lavazza Chairman. (Source: Bloomberg)...
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06.07.25 - 16:42
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NIKE, Datadog And Snap Are Among Top 11 Large Cap Gainers Last Week (June 30-July 4): Are The Others In Your Portfolio? (Benzinga)
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11 best performing large-cap stocks last week, including Symbotic, Nike, First Solar, Datadog, HPE, Summit Therapeutics, Carnival, POSCO, Wynn Resorts, SharkNinja, and Snap
read more...
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01.07.25 - 23:27
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FEMSA completes divestiture of certain of its logistics operations to TRAXIÓN (GlobeNewswire EN)
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MONTERREY, Mexico, July 01, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the closing of its divestiture, previously disclosed on October 10, 2024, of certain of its logistics operations doing business as Solistica, to Grupo Traxión, S.A.B. de C.V. (BMV: TRAXIONA), a leading transportation and logistics company based in Mexico. The transaction includes FEMSA's transportation management operations in Mexico, as well as its contract logistics operations in Mexico, Colombia and Brazil. The transaction does not include FEMSA's LTL (less-than-truckload) operations in Brazil....
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26.06.25 - 17:01
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RSPO Connects Latin American Palm Growers with Key Buyers from the Americas to Strengthen Sustainable Supply Chains (PR Newswire)
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BOGOTA, Colombia, June 26, 2025 /PRNewswire/ -- Sustainability representatives from leading consumer goods companies in the United States, Mexico, and Brazil, including Hershey's, The J.M. Smucker Company, Blommer Chocolate Company, Edgewell Personal Care, Natura, and Grupo Bimbo,......
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