The debt-laden steelmaking conglomerate’s shares rally on the news that a former Vale CEO is taking the reins
Category: People
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Paz picks new Bolivia economy minister
President promotes deputy finance minister and public debt chief Christian Morales to his cabinet
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Bolivia names interim economy minster
The outgoing minister was censured by congress last week, potentially hampering talks with banks for financing totaling $5 bln
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Cosan in talks to sell port terminal
Brazil logistics conglomerate signs letter of intent with an unnamed party for the sale of its São Luís terminal
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Colombia president takes office pledging austerity, investment drive
In his inaugural address, the country’s new far-right leader pledges to freeze public spending and restore investor confidence
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Peru’s longtime central bank chief to stay on
President-elect Keiko Fujimori invites Julio Velarde to serve another term, extending his two-decade stint at the bank’s helm
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Scania Argentina hires new CFO
Lucas López joins the heavy truck maker’s financial services arm having previously worked at Renault and Stellantis
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Colombia’s new president names incoming finmin
Former lawmaker and ex-Bancoldex chief Miguel Gómez will be charged with reining in runaway public spending
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Petrobras, Pemex CEOs to discuss Mexico oil tie-up
The head of the Mexican oil company is due to meet his Brazilian counterpart in Rio de Janeiro later this month
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Braskem shareholders set to ratify IG4 takeover deal
The petrochemical giant’s priority after Monday’s shareholders meeting is to renegotiate its $10.1 bln debt