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☆ Vale's third-quarter iron ore output edges up
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, Oct 17 (Reuters) - Brazil's Vale SA (VALE3.SA), one of the world's largest miners, on Monday reported a third-quarter iron ore production up slightly from the previous year, while its smaller nickel output soared as refineries resumed operations. Vale's output of iron ore, its main product, reached 89.7 million tonnes for the third quarter, up 1.1% from the previous year. Meanwhile, nickel production for the period leapt 71.5% to 51,800 tonnes, as refineries resumed after a maintenance period, Vale said. Nickel sales, however, grew just 6%, which Vale attributed to low container availability and sales commitments during maintenance stoppages in the last three months of this year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Peter Frontini; Editing by Chris Reese and David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ Brazil's Natura mulls U.S. IPO, spin-off of luxury Aesop brand
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, Oct 17 (Reuters) - Brazilian cosmetics company Natura & Co (NTCO3.SA) on Monday said it has begun studying a possible initial public offering (IPO) in the United States or spin-off of its Aesop brand, as it looks to fund its expansion. Natura said that in the event of an IPO or spin-off the luxury cosmetics brand would continue to be led by its current chief executive, Michael O'Keeffe. Natura reported a wider-than-expected quarterly net loss in August, as inflation and tough market conditions put pressure on in its margins. It said at the time it planned to increase the accountability of its business units after years of expansion fueled by high-profile acquisitions. Register now for FREE unlimited access to Reuters.com RegisterReporting by Peter Frontini; Editing by Mark Porter and Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ Bolsonaro ally running for Sao Paulo governor says campaign event 'attacked'
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +2 min

SAO PAULO, Oct 17 (Reuters) - A close ally of Brazilian President Jair Bolsonaro running for governor of Sao Paulo, Tarcisio Freitas, said a campaign event was "attacked by criminals" on Monday in the Paraisopolis neighborhood of the state capital. Sao Paulo Public Security Secretary Joao Camilo Campos said that preliminary information suggested there had not been an attack targeting Freitas, although investigators had not ruled out any hypothesis. Officials confirmed a man was killed near the site of the campaign event, but provided no further details. During a visit to the 1st University Hub of Paraisopolis, we were attacked by criminals. Our security team was quickly reinforced with brilliant work by the @PMESP (Sao Paulo Military Police).

Companies Apple Inc FollowSAO PAULO, Oct 13 (Reuters) - A Brazilian court on Thursday fined Apple Inc (AAPL.O) 100 million reais ($19 million) and ruled that battery chargers must come with new iPhones sold in the country. The Sao Paulo state court ruled against Apple in a lawsuit, filed by the association of borrowers, consumers and taxpayers, that argued that the company commits abusive practices by selling its flagship product without a charger. Apple said it will appeal the decision. Register now for FREE unlimited access to Reuters.com RegisterPreviously, the tech firm argued that the practice had the purpose of reducing carbon emissions. ($1 = 5.2622 reais)Register now for FREE unlimited access to Reuters.com RegisterReporting by Beatriz Garcia; Writing by Peter Frontini; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ Lula remains ahead of Bolsonaro in Brazil runoff -poll
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: 1 min

SAO PAULO, Oct 10 (Reuters) - Brazilian presidential candidate Luiz Inacio Lula da Silva slightly broadened his lead over incumbent President Jair Bolsonaro ahead of the Oct. 30 runoff vote, according to a survey by pollster IPEC published on Monday. Lula's voter support reached 51% against 42% for Bolsonaro, compared with 51% and 43%, respectively, in the previous poll. The survey by IPEC interviewed 2,000 people on Oct. 8-10 and has a margin of error of 2 percentage points up or down. IPEC was one of several polling firms criticized for underestimating support for Bolsonaro in the first-round vote early this month. Register now for FREE unlimited access to Reuters.com RegisterReporting by Peter Frontini and Carolina Pulice; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Buffett-backed Nubank reaches 70 million clients
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Brendan McDermidSAO PAULO, Sept 26 (Reuters) - Brazil's Nubank has reached 70 million clients across its three operating countries, Latin America's largest financial technology company said on Monday. In Mexico, Nubank's user grew to 3.2 million users while adding 400,000 in Colombia, the fintech said. The fintech, considered one of Latin America's chief proponents of expanding access to the financial system, also said its investment services business in Brazil surpassed 6 million active clients. Its crypto exchange, launched in July, had 1.8 million clients, Nubank said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Peter Frontini; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ Lula remains ahead of Bolsonaro as Brazil election looms -poll
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterFormer Brazil's President and candidate for presidential election Luiz Inacio Lula da Silva attends a campaign rally in Portela Samba School in Rio de Janeiro, Brazil, September 25, 2022. REUTERS/Ricardo MoraesSAO PAULO, Sept 26 (Reuters) - Brazil presidential candidate Luiz Inacio Lula da Silva slightly widened his lead over President Jair Bolsonaro less than a week before the South American country's election, a poll by IPEC released on Monday showed. In a first-round vote scheduled for Oct. 2, Lula reached 48% of voters' support against 31% for Bolsonaro, compared with 47% and 31% respectively, in the same poll a week ago, the survey showed. According to the poll, Lula could win the race in the first round, since he holds 52% of voters' intentions excluding abstentions and null votes. Register now for FREE unlimited access to Reuters.com RegisterReporting by Carolina Pulice and Peter Frontini; Editing by Chris Reese and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ Lula leads Bolsonaro by 14 points ahead of Brazil vote -Datafolha poll
▼ + stars: | 2022-09-22 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterFormer Brazilian President and presidential candidate Luiz Inacio Lula da Silva gestures near his wife, Rosangela Da Silva, during the rally "Todos Juntos pelo Rio Grande do Sul" (All Together for Rio Grande do Sul) in Porto Alegre, Brazil, September 16, 2022. REUTERS/Diego Vara/File PhotoSAO PAULO, Sept 22 (Reuters) - Brazil's presidential frontrunner Luiz Inacio Lula da Silva leads incumbent President Jair Bolsonaro by 14 points in a poll published on Thursday by pollster Datafolha, less than two weeks before the Oct. 2 first-round vote. The Datafolha survey showed Lula with 47% voter support versus 33% for Bolsonaro in the election's first round, compared with 45% and 33%, respectively, in the previous poll. Register now for FREE unlimited access to Reuters.com RegisterReporting by Peter Frontini and Pedro Fonseca; Editing by David Alire GarciaOur Standards: The Thomson Reuters Trust Principles.

☆ Lula maintains large lead over Bolsonaro ahead of Brazil election -poll
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

Former Brazilian President and presidential candidate Luiz Inacio Lula da Silva gestures near his wife, Rosangela Da Silva, during the rally "Todos Juntos pelo Rio Grande do Sul" (All Together for Rio Grande do Sul) in Porto Alegre, Brazil, September 16, 2022. REUTERS/Diego Vara/File PhotoRegister now for FREE unlimited access to Reuters.com RegisterSAO PAULO, Sept 19 (Reuters) - Brazil presidential candidate Luiz Inacio Lula da Silva slightly extended his lead over President Jair Bolsonaro less than two weeks before the South American country's election, a poll by IPEC released on Monday showed. In a first-round vote scheduled for Oct. 2, Lula reached 47% of voters' support against 31% for Bolsonaro, compared with 46% and 31%, respectively, in the same poll a week ago, the survey showed. Bolsonaro's approval rate was flat at 30%, while his disapproval rate increased to 47%, from 45% last week. Register now for FREE unlimited access to Reuters.com RegisterReporting by Peter Frontini; Editing by Christopher Cushing and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

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