- Avianca Brasil looks for capital, hires Galeazzi - sources
Airline Avianca Brasil, which
filed for bankruptcy protection in December, is looking for a
cash injection and has hired Brazilian consulting firm Galeazzi
& Associados to help it find a partner or a buyer, three sources
with knowledge of the matter said.
- EMERGING MARKETS-Brazil stocks fall amid global growth fears; Latam FX subdued
Stocks in Brazil fell on Tuesday dragged
by shares of material companies amid global growth fears
stemming from weak Chinese economic data and a lowered outlook
for 2019 from the International Monetary Fund.
The IMF trimmed its global growth forecasts on Monday as
trade tensions and weakness in Europe loomed, an action that
came shortly after China reported its slowest growth in 28 years
for 2018, sending equities lower worldwide.
- UPDATE 1-Brazil to privatize more airports, railways for grains
Brazil's government will
announce the privatization of southern airports, including
Curitiba, in the second quarter of this year, according to
Adalberto Vasconcelos, head of the PPI government program tasked
with luring private investment in the country's infrastructure.
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