Brazilian brokerage XP to buy Banco Modal

Author of the article: SINGAPORE — The dollar held firm at a 20-year high on Friday and was poised to score its best monthly gain in a decade, buoyed by bets on rising U.S. interest rates and doubts about growth in Europe and China. The latest uptick was thanks to the Bank of Japan, which…

'A closure of the bridge would be catastrophic for the Canadian economy' Author of the article: Bloomberg News Josh Wingrove and Brian Platt Trucks wait on Interstate 75 for the re-opening of Ambassador Bridge in Detroit, Michigan, on Feb. 8, 2022. Photo by Matthew Hatcher/Bloomberg It didn’t take many protesters to shut down a major…

Author of the article: Bloomberg News Joao Lima and Henrique Almeida (Bloomberg) — Portugal is holding early parliamentary elections on Sunday and will pick a prime minister to oversee the economy’s recovery from the pandemic. It’s the third time the Portuguese head to the polls since the pandemic started, after a presidential election and local…

Author of the article: Reuters Norihiko Shirouzu Renault SA, Nissan Motor Co and Mitsubishi Motors Corp plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters. As established automakers face pressure from new competitors and an expected shift in demand toward EVs, the French-Japanese alliance…