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People walk in front of a Lojas Americanas store in Brasilia, Brazil January 12, 2023. REUTERS/Ueslei Marcelino/File Photo Acquire Licensing RightsCompanies Americanas SA - Em Recuperacao Judicial FollowSept 29 (Reuters) - Brazil's securities watchdog CVM said on Friday it has approved a mechanism similar to a plea bargain for cases related to bankrupt Brazilian retailer Americanas (AMER3.SA), in the midst of a billion-dollar financial fraud probe. The content obtained through the agreement would also facilitate and speed up investigations, the CVM added. There are at least 23 procedures against the Brazilian retailer, according to CVM, including two sanctioning proceedings, when accusations were made. This is the first time CVM has used such a mechanism to investigate a company.
Persons: Ueslei Marcelino, CVM, Carolina Pulice, Michael Perry Organizations: REUTERS, Americanas, Thomson Locations: Brasilia, Brazil
[1/2] A general view shows the of headquarters of Banorte Bank in Monterrey, Mexico, June 17, 2019. Picture taken June 17, 2019. REUTERS/Daniel Becerril/File Photo Acquire Licensing RightsMEXICO CITY, Sept 27 (Reuters) - Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to handle operations related to nearshoring, amid an expected boom in activity from global manufactures wishing to relocate their factories, a company executive said on Wednesday. The latest hiring estimate marks an increase from Banorte's March announcement that it would hire 800 new employees to tap into nearshoring, in which businesses set up shop in Mexico near the U.S. border. Banorte projects the trend could generate an additional 30% in exports from Mexico over the next five years, totaling $168 billion.
Persons: Daniel Becerril, Alejandro Padilla, Banorte's, nearshoring, Marion Giraldo, Carolina Pulice, Isabel Woodford, Leslie Adler Organizations: Banorte Bank, REUTERS, Thomson Locations: Monterrey, Mexico, MEXICO, U.S, Nearshoring, North America, Asia
Patient Ricardo Medeiros de Oliveira reacts after a kidney transplant at the hospital Santa Casa de Juiz de Fora, state of Minas Gerais, Brazil September 25, 2023. REUTERS/Michelle Cafiero Acquire Licensing RightsRIO DE JANEIRO, Sept 26 (Reuters) - When it comes to organ transplants, every second counts. But without immediate communication with Oliveira, firefighters decided to pick him up directly. "He would have lost this organ if he had not gotten to the hospital in time," firefighter spokesperson Major Fabio Contreiras said. Reporting by Sergio Queiroz; Writing by Carolina Pulice; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.
Persons: Ricardo Medeiros de Oliveira, Michelle Cafiero, Oliveira, Fabio Contreiras, Sergio Queiroz, Carolina Pulice, Jamie Freed Organizations: REUTERS, DE, Thomson Locations: de Fora, Minas Gerais, Brazil, DE JANEIRO, Rio de Janeiro
RIO DE JANEIRO (Reuters) - When it comes to organ transplants, every second counts. But without immediate communication with Oliveira, firefighters decided to pick him up directly. "He would have lost this organ if he had not gotten to the hospital in time," firefighter spokesperson Major Fabio Contreiras said. Oliveira was able to arrive in time to the hospital and his surgery succeeded. "It was a huge mix of emotions, I didn't know whether to laugh, whether to cry, whether to believe," Oliveira said.
Persons: Ricardo Medeiros de Oliveira, Oliveira, Fabio Contreiras, Sergio Queiroz, Carolina Pulice, Jamie Freed Organizations: RIO DE, Reuters Locations: RIO DE JANEIRO, Rio de Janeiro
The rail project, known as the Maya Train, is a top economic development priority of President Andres Manuel Lopez Obrador. It employs teams of relatively well-funded archaeologists who have rushed to complete excavations so the construction work will not be delayed. They likely pertain to an elite resident of the city, known by the ancient Maya as Lakamha'. Scholars credit the ancient Maya with major human achievements in art, architecture, astronomy and writing. Palenque, like dozens of other ancient cities clustered around southern Mexico and parts of Central America, thrived from around 300-900 AD.
Persons: INAH, Andres Manuel Lopez Obrador, Carolina Pulice, David Alire Garcia, David Gregorio Organizations: MEXICO CITY Locations: Carolina, MEXICO, Mexico, Cancun, Tulum, Palenque, Chiapas, Central America
The rail project, known as the Maya Train, is a top economic development priority of President Andres Manuel Lopez Obrador. It employs teams of relatively well-funded archaeologists who have rushed to complete excavations so the construction work will not be delayed. They likely pertain to an elite resident of the city, known by the ancient Maya as Lakamha'. Scholars credit the ancient Maya with major human achievements in art, architecture, astronomy and writing. Palenque, like dozens of other ancient cities clustered around southern Mexico and parts of Central America, thrived from around 300-900 AD.
Persons: INAH, Andres Manuel Lopez Obrador, Carolina Pulice, David Alire Garcia, David Gregorio Our Organizations: Mexico's National Institute of Anthropology, MEXICO CITY, Thomson Locations: Palenque, MEXICO, Mexico, Cancun, Tulum, Chiapas, Central America
Costa Rica's homicide rate rises in deadliest year ever
  + stars: | 2023-09-23 | by ( ) www.reuters.com   time to read: +2 min
People cross the street, one day after Costa Ricans elected Carlos Alvarado Quesada, as the new president, in San Jose, Costa Rica April 2, 2018. REUTERS/Juan Carlos Ulate/File Photo Acquire Licensing RightsSAN JOSE, Sept 22 (Reuters) - More than 656 people have been killed so far in Costa Rica's deadliest year on record, official homicide data showed on Friday, though the government expects this figure to soar past 900 by the end of this year. Costa Rica's homicides hit a record 654 last year according to the historically peaceful Central American country's Judicial Investigation Agency (OIJ). The national rate for violent deaths is set to rise to 16 per 100,000 people this year, from 12.6 in 2022. Costa Rica's security minister Mario Zamora told Reuters in a statement that there are no "magic" and short-term responses to tackle crime in the country, and that it would need a series of security and prevention initiative.
Persons: Carlos Alvarado Quesada, Juan Carlos Ulate, Costa, Randall Zuniga, Mario Zamora, Zamora, Laura Chinchilla's, Rodrigo Chaves, Chaves, Alvaro Murillo, Carolina Pulice, Sarah Morland Organizations: Costa Ricans, REUTERS, JOSE, Judicial Investigation Agency, Central, Authorities, Reuters, Central American, Thomson Locations: San Jose, Costa Rica, Costa Rica's, Jose, Caribbean, Limon, Colombia, United States, Europe
Renault to maintain mixed ethanol combustion engines in Brazil
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +2 min
The logo of Renault is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. "It still pays to invest in combustion in Brazil," top executive Ricardo Gondo said at an event, adding that the industry will need more federal incentives to accelerate its EV transition. Renault is planning to launch Brazilian sales of an electric version of its French-made Kangoo van in October, when it will also launch its Kardian combustion engine SUV, set to be manufactured locally. Earlier this month, Renault CEO Luca de Meo warned a "very competitive" industry in China and that it will need to "catch up fast". ($1 = 4.9256 reais)Reporting by Alberto Alerigi Jr.; Writing by Carolina Pulice; Editing by Sarah Morland and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.
Persons: Gonzalo Fuentes, Ricardo Gondo, Gondo, van, JAC, Luca de Meo, Luiz Inacio Lula da Silva, Jair Bolsonaro, Alberto Alerigi Jr, Carolina Pulice, Sarah Morland, Marguerita Choy Organizations: Renault, Viva Technology, Porte de, REUTERS, SAO PAULO, EV, Wall Motor Co, Chery, Qualcomm, Nissan, Brazilian, Thomson Locations: Porte, Paris, France, Brazil, French, Parana, China
Brazil's Navy seizes record 3.6 tonnes of cocaine
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +1 min
[1/3] Packages are seen inside the vessel Palmares 1, which, according to the Brazilian Navy, was seized with cocaine, at sea off Recife city, Pernambuco state, Brazil September 19, 2023. Marinha do Brasil/Handout via REUTERS Acquire Licensing RightsBRASILIA, Sept 19 (Reuters) - The Brazilian Navy said on Tuesday it had seized 3.6 metric tons of cocaine on a boat off the coast of northeastern Pernambuco state, in the largest single off-shore capture of the drug by Brazil. The seizure follows a series of operations held by the Navy to fight drug transportation on the country's coast. According to the Navy, over 17 tons of cocaine, 4.3 tons of hashish, 695 tons of cigarettes, 113.34 tons of fish, 14 tons of marijuana and 3,146 cubic meters of wood have been seized since 2020. Reporting by Anthony Boadle; Writing by Carolina Pulice; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.
Persons: Anthony Boadle, Carolina Pulice, Michael Perry Organizations: Brazilian Navy, REUTERS Acquire, Rights, Navy, Thomson Locations: Recife, Pernambuco, Brazil, Rights BRASILIA, Africa
BUENOS AIRES, Sept 19 (Reuters) - Argentina's economy shrank 4.9% in the second-quarter of 2023 versus the year-ago period, the country's statistics agency said on Tuesday, slightly missing analysts' forecast of a 4.8% contraction and posting the first break in growth for years. Tuesday's result marks the first time the country's growth was in the red since 2020. The agricultural sector registered the highest drop, with a 40.2% decrease compared to the same period the previous year. The country is battling to salvage a $44 billion deal with the International Monetary Fund (IMF) amid a steady depreciation of the peso, negative central bank reserves and a flagging economy due to the impact of drought on the farming sector. Reporting by Hernan Nessi; Writing by Carolina Pulice; Editing by Aida Pelaez-Fernandez and Isabel WoodfordOur Standards: The Thomson Reuters Trust Principles.
Persons: Hernan Nessi, Carolina Pulice, Aida Pelaez, Fernandez, Isabel Woodford Organizations: International Monetary Fund, Thomson Locations: BUENOS AIRES
Brazil's Navy Seizes Record 3.6 Tonnes of Cocaine
  + stars: | 2023-09-19 | by ( Sept. | At P.M. | ) www.usnews.com   time to read: 1 min
BRASILIA (Reuters) - The Brazilian Navy said on Tuesday it had seized 3.6 metric tons of cocaine on a boat off the coast of northeastern Pernambuco state, in the largest single off-shore capture of the drug by Brazil. In a statement, the Navy said it had captured a small motor boat used for transporting people and cargo along the coast with five crew members heading to Africa. The seizure follows a series of operations held by the Navy to fight drug transportation on the country's coast. According to the Navy, over 17 tons of cocaine, 4.3 tons of hashish, 695 tons of cigarettes, 113.34 tons of fish, 14 tons of marijuana and 3,146 cubic meters of wood have been seized since 2020. (Reporting by Anthony Boadle; Writing by Carolina Pulice; Editing by Michael Perry)
Persons: Anthony Boadle, Carolina Pulice, Michael Perry Organizations: Reuters, Brazilian Navy, Navy Locations: BRASILIA, Pernambuco, Brazil, Africa, Recife
Peru's President Dina Boluarte speaks as she meets with foreign press, in Lima, Peru January 24, 2023. REUTERS/Angela Ponce/File Photo Acquire Licensing RightsLIMA, Sept 18 (Reuters) - Peruvian President Dina Boluarte said on Monday her government has declared a state of emergency in three districts hit by a spike in crime, a measure that allows the military to help enforce security. In recent days, police reported attacks in San Juan including the throwing of a war grenade into a nightclub, which with another nearby grenade attack left at least 15 injured. Crime reports to police in Lima rose to nearly 160,200 last year, compared to 120,350 in 2021, according to the country's ombudsman office. Reporting by Marco Aquino; Writing by Carolina Pulice; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
Persons: Dina Boluarte, Angela Ponce, San Juan de Lurigancho, San Martin de Porras, Boluarte, Alberto Otarola, Nayib Bukele, Marco Aquino, Carolina Pulice, Bill Berkrot Organizations: REUTERS, Rights, Thomson Locations: Lima , Peru, Peruvian, San Juan, San, Lima, Talara, El Salvador
BUENOS AIRES, Sept 16 (Reuters) - Argentina's economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by the economy ministry to Congress late on Friday. The government also expects the country to have an annual inflation rate of 135.7% in 2023 and 69.5% in 2024. The budget proposal also shows the government expects the country's currency to weaken sharply next year to 607 pesos per dollar from the 365.9 pesos per dollar expected for 2023. Monthly inflation hit 12.4% in August, the highest figure since 1991. Reporting by Hernan Nessi; Writing by Carolina Pulice; Editing by Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
Persons: Hernan Nessi, Carolina Pulice, Paul Simao Organizations: International Monetary Fund, Thomson Locations: BUENOS AIRES
Lula approval stable, rejection rate ticks up, poll shows
  + stars: | 2023-09-14 | by ( ) www.reuters.com   time to read: +1 min
Brazil's President Luiz Inacio Lula da Silva speaks during a press conference at a hotel after the G20 Summit, in New Delhi, India, September 11, 2023. REUTERS/Anushree Fadnavis Acquire Licensing RightsSept 14 (Reuters) - Approval of Brazil President Luiz Inacio Lula da Silva's government remained stable in September, although his rejection rate increased, according to a poll published on Thursday. The survey by Datafolha showed positive approval of the government rose slightly to 38% of respondents from 37% in June, while negative views rose from 27% to 31%. Approval of Lula's performance as president after the first eight months of his term is higher than former President Jair Bolsonaro's, who had a 29% approval rate at the same point in 2019. The poll has a margin of error of 2.0 percentage points.
Persons: Luiz Inacio Lula da Silva, Anushree, Luiz Inacio Lula da Silva's, Datafolha, Jair Bolsonaro's, Marguerita Choy Organizations: REUTERS, Carolina, Thomson Locations: New Delhi, India
Peru's central bank cuts benchmark interest rate to 7.5%
  + stars: | 2023-09-14 | by ( ) www.reuters.com   time to read: +1 min
A worker walks pasts the logo of the Central Reserve Bank of Peru (BCRP) inside its headquarters building in Lima, Peru June 16, 2017. REUTERS/Mariana Bazo/File Photo Acquire Licensing RightsSept 14 (Reuters) - Peru's central bank on Thursday cut its benchmark interest rate by 25 basis points to 7.5% after holding the rate steady for eight straight months, as the monetary authority in the Andean nation sees inflation easing. The central bank first held the rate steady in February following an aggressive series of hikes that began in August 2021. Despite inflation easing, the bank said on Thursday that its decision does not necessarily imply a cycle of successive reductions in the interest rate. Peru's annual inflation rate in August slowed to 5.58%, the lowest since September 2021.
Persons: Mariana Bazo, Carolina Pulice, Brendan O'Boyle Organizations: Central Reserve Bank of, REUTERS, Thomson Locations: Central Reserve Bank of Peru, Lima , Peru, Peru, Chile, Brazil, Uruguay, Lincoln
The logo of Uber is seen at a temporary showroom at the Promenade road during the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 20, 2023. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsCompanies Uber Technologies Inc FollowSAO PAULO, Sept 14 (Reuters) - Uber (UBER.N) on Thursday said it rejected a ruling from a Brazilian labor court ordering the ride-hailing firm to pay 1 billion reais ($205 million) in fines for irregular working relations with the drivers on its app. Uber said it will appeal the decision and will not adopt any of the measures listed in the sentence before all applicable resources have been exhausted. "There is evident legal uncertainty," it said in a statement, citing legal precedents involving other companies such as delivery platforms Lalamove, Loggi and Ifood, and taxi app 99. ($1 = 4.8677 reais)Reporting by Andre Romani; Writing by Carolina Pulice; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: Arnd, Uber, Andre Romani, Carolina Pulice, Leslie Adler Organizations: Economic, REUTERS, Technologies, SAO PAULO, Thomson Locations: Davos, Switzerland, Sao Paulo
[1/2] Guatemala President-elect Bernardo Arevalo and Guatemala President Alejandro Giammattei attend a meeting as part of the presidential transition, in Guatemala City, Guatemala September 4, 2023. The announcement came after the top prosecutor's office in the Central American country raided facilities run by Guatemala's main electoral tribunal on Tuesday. Arevalo said his participation in the transition would resume once the "necessary institutional (and) political conditions are reestablished." "We reiterate our firm willingness to immediately resume the transition process as soon as the elected authorities request it," the government added. Shortly before electoral tribunal officials declared Arevalo the victor, his party Semilla was notified that a branch of the tribunal suspended the party over registration flaws.
Persons: Bernardo Arevalo, Alejandro Giammattei, Arevalo, Alejandro Giammattei's, resoundingly, Semilla, Sofia Menchu, Brendan O'Boyle, Carolina Pulice, Sandra Maler, Gerry Doyle Organizations: REUTERS, REUTERS oka Acquire, GUATEMALA CITY, Central American, Organization of American States, Prosecutors, Thomson Locations: Guatemala, Guatemala City, REUTERS oka, GUATEMALA, Guatemalan
REUTERS/Angelika Warmuth/File Photo Acquire Licensing RightsMEXICO CITY, Sept 11 (Reuters) - A state governor in Mexico said on Monday that Tesla (TSLA.O) and its suppliers would invest $15 billion over the next two years in a factory that is still under construction, an amount that is triple what Mexican officials previously announced. In March, Tesla CEO Elon Musk said his company would open a gigafactory in northern Nuevo Leon state, part of the electric carmaker's push to expand its global footprint. At the time, Musk did not detail Tesla's investment, but Mexican officials said the factory would involve a $5 billion investment. Speaking at an event, Nuevo Leon Governor Samuel Garcia said the facility will now involve thrice that amount. Neither Tesla's press office nor Nuevo Leon officials responded after hours to a request for comment on the governor's comments.
Persons: Angelika Warmuth, Tesla, Elon Musk, Musk, Samuel Garcia, Nuevo Leon, Carolina Pulice, Beth Soloman, David Alire Garcia, Miral Organizations: REUTERS, Tesla, Nuevo Leon, Nuevo, BMW, General Motors, Ford, Reuters, Thomson Locations: Munich, Germany, MEXICO, Mexico, Nuevo Leon
LIMA (Reuters) - Doctors in northeastern Peru saved the life of a 2-year-old boy who had swallowed eight injection needles while playing. Local media reported that the needles were used to vaccinate farm animals where the boy's mother works. The boy, whose name was not revealed, lives in agricultural area of Taratopo, some 622 kilometers (386 miles) from capital Lima. "Maybe he swallowed them when he was there playing," the boy's mother said. The boy's life was not at risk following surgery, local media added.
Persons: Dr, Efrain Salazar, Carolina Pulice, Sandra Maler Organizations: Reuters, Local Locations: LIMA, Peru, Taratopo, Lima
A member of the security forces stands guard outside the Mexico City International Airport after a suspected robber fired at police, in Mexico City, Mexico, September 12, 2023. REUTERS/Luis Cortes Acquire Licensing RightsMEXICO CITY, Sept 12 (Reuters) - Two people were injured just outside Mexico City International Airport on Tuesday after a suspected robber fired at police, but flights are operating normally, the city government said. A suspected gunman has been arrested, the city's security ministry said in a statement. Carlos Velazquez, the head of the airport - Latin America's busiest - told reporters that the terminal where the incident occurred was operating without interruptions and that passengers were not in danger. Mexico City security minister Pablo Vazquez told local news outlet Milenio that the situation was under control.
Persons: Luis Cortes, Carlos Velazquez, Pablo Vazquez, Carolina Pulice, Lizbeth Diaz, Noe Torres, Raul Cortes, Brendan O'Boyle, Mark Porter Organizations: Mexico City International, REUTERS, Mexico City International Airport, Thomson Locations: Mexico, Mexico City, MEXICO
A draft seen by Reuters had forecast 2024 economic growth at 2.4%, below the final published figure. The 2024 budget will now be debated by lawmakers in Congress, where the ruling coalition of President Andres Manuel Lopez Obrador commands majorities in both chambers. The key 2024 oil price is used to estimate a large amount of government revenue. State oil company Pemex's overall budget will be cut 36%, according to the draft budget from 2023 funding levels. The draft budget projects those costs will dip next year by about 4.75 billion pesos ($270 million), or down by 7.6% in inflation-adjusted terms.
Persons: Mexico's Finance Ministry Rogelio Ramirez de la, Raquel Cunha, Andres Manuel Lopez Obrador, Ana Isabel Martinez, Carolina Pulice, Sarah Morland, Stephen Eisenhammer, Chizu Nomiyama, Leslie Adler, William Mallard Organizations: Mexico's Finance Ministry, REUTERS, Reuters, DUC, Thomson Locations: Mexico City, Mexico, MEXICO, Brazil
Bieleski, 35, is one of many Brazilians in the south of the country struggling to rebuild their lives after being battered by a tropical cyclone this week. Bieleski lives in the town of Lajeado, which was badly hit by floodwaters from the engorged Taquari river. He blamed emergency services for the deaths of his wife and children, saying they had urged him to stay in his home to await help that never arrived. Rio Grande do Sul emergency services did not respond to a request for comment. He said he was worried thieves would ransack whatever belongings remained, and he now lives in his car.
Persons: Miguel Rutigliano Bieleski, Ariel Armani, Yasmin, Miguel Junior, Miguel Rutigliano Bieleski's, Bieleski, Paulo Ricardo Siqueira Santos, I've, Diego Vara, Pilar Olivares, Carolina Pulice, Gabriel Stargardter, Aurora Ellis Organizations: Thomson Locations: Lajeado, Brazil, Rio Grande do Sul
Brazil's Lula announces cabinet reshuffle
  + stars: | 2023-09-06 | by ( ) www.reuters.com   time to read: +1 min
Brazil's President Luiz Inacio Lula da Silva attends a ceremony at the Planalto Palace in Brasilia, Brazil August 30, 2023. REUTERS/Adriano Machado Acquire Licensing RightsBRASILIA, Sept 6 (Reuters) - Brazilian President Luiz Inacio Lula da Silva announced a ministry cabinet reshuffle on Wednesday as he seeks to shore up support for his political agenda from a powerful bloc of lawmakers. Lula named federal lawmaker Andre Fufuca as the sports minister, while lawmaker Silvio Costa Filho will be the ports and airports minister, the government said in a statement. In July, Lula replaced his tourism minister Daniela Carneiro with Celso Sabino. The announcement also seals the entry of the party of lower house speaker Arthur Lira, who was a supporter of former President Jair Bolsonaro, into Lula's cabinet.
Persons: Luiz Inacio Lula da Silva, Adriano Machado, Lula, Andre Fufuca, Silvio Costa Filho, Marcio Franca, Daniela Carneiro, Celso Sabino, Arthur Lira, Jair Bolsonaro, Ricardo Brito, Carolina Pulice, Andrea Ricci, Stephen Coates Organizations: REUTERS, Rights, Thomson Locations: Brasilia, Brazil, Rights BRASILIA
LIMA, Sep 6 (Reuters) - Archaeologists in Peru have unearthed a 1,000-year-old mummy in the latest discovery at an archaeological site located in a residential neighborhood of the country's capital, Lima. The remains were found alongside ceramic vessels, textiles and other objects in the Huaca Pucllana site in the middle of Lima's affluent Miraflores district, the head of the team of archaeologists, Mirella Ganoza, told Reuters on Wednesday. "This is an adult individual in a sitting position with bent legs," the expert said, noting that the mummy had long hair and a jaw that was nearly completely intact. Mummies and ancient offerings have already been found in the Huaca Pucllana site, and experts see the site as a Pandora's Box with much more to be found. Reporting by Anthony Marina; Writing by Marco Aquino and Carolina PuliceOur Standards: The Thomson Reuters Trust Principles.
Persons: LIMA, Mirella Ganoza, Ganoza, Anthony Marina, Marco Aquino Organizations: Reuters, Incas, Carolina, Thomson Locations: Peru, Lima, Miraflores, Machu Picchu
Allegations that Gutierrez and other executives were involved in accounting fraud were first made in June. Several former Americanas directors have testified before the congressional committee in the past few weeks. LTS said his comments "do not provide any proof of his allegations or refute evidence of his participation in the fraud". The holding company described what happened at Americanas as "cunning fraud". ($1 = 4.9373 reais)Reporting by Carolina Pulice Editing by Edwina Gibbs and David GoodmanOur Standards: The Thomson Reuters Trust Principles.
Persons: Miguel Gutierrez, Gutierrez, Americanas, Jorge Paulo Lemann, Carlos Alberto Sicupira, Marcel Telles, LTS, Sergio Rial, Edwina Gibbs, David Goodman Organizations: Reuters, Carolina, Thomson Locations: Americanas
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