Goldman Sachs has upgraded Ultrapar Participações S.A. (UGPA3) from hold to buy, despite lowering its target price from R$25.10 to R$19.70. Goldman Sachs believes Ultrapar is well-positioned for mergers and acquisitions (M&A) in the current macroeconomic environment. Historically, economic downturns have led to corporate consolidations, and Ultrapar’s lower debt levels…
The future of Portugal’s Novo Banco is taking a clearer shape as US private equity firm Lone Star signals…
Cipher Mining Inc (NASDAQ: CIFR) has received $50 million in investment from SoftBank which it said will help it…
Carvana Co (NYSE: CVNA) has been one of the quintessential millionaire makers over the past two years – but…
In our increasingly interconnected world, where professional and personal lives often span multiple countries, the prospect of being taxed…
LATAM continues to expand in terms of the cryptocurrency scene. This week’s highlights included Coinbae’s approval from Argentina’s regulators…
Mexico’s economy faced a contraction of 0.6% in the fourth quarter of 2024 as indicated by the preliminary data…
The Governing Council decided on Thursday to cut the three core ECB interest rates by 25 basis points. As…