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Tag: Brazilian
Former boss of Brazilian retail giant Americanas arrested in £3.5bn fraud probe
The former chief executive of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested on Friday in Madrid, accused of participating in a 25 billion reais (£3.5 billion) fraud scheme. Brazil’s federal police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and artificially boost the […]
Former CEO of Brazilian retail giant Americanas arrested amid allegations of billions in fraud
SAO PAULO (AP) — Brazil-Retail-Fraud The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion) fraud scheme. Brazil’s Federal Police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and […]
Former CEO of Brazilian retail giant Americanas arrested amid allegations of billions in fraud
SAO PAULO (AP) — Brazil-Retail-Fraud The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion) fraud scheme. Brazil’s Federal Police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and […]
Brazilian mining firm tests fast-charging niobium batteries
Brazilian niobium producer CBMM has completed the development of a lithium ion battery which uses niobium titanium oxide (NTO) in the anode. It was done in collaboration with Toshiba Corporation and Sojitz Corporation of Japan. The firms have unveiled a prototype e-bus powered by the battery which has a charging time of around 10 minutes […]
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Brazilian highway image falsely shared online as Algeria
Following reports that Bangladesh’s forestry agency cut down scores of trees in a major national park, Facebook users began sharing a photo of a highway that passes through lush green hills which they said was an example of a mega project that did not lead to deforestation. But the posts falsely claimed the photo was […]
Fires in Brazilian wetlands surge 980%, extreme drought expected
By Lisandra Paraguassu BRASILIA (Reuters) – Fires in Brazil’s Pantanal wetlands have surged nearly tenfold so far this year to the highest levels since 2020, when the biome suffered its worst blazes on record. Satellite data from Brazil’s National Institute for Space Research (INPE) showed a 980% increase in the number of fires in the […]
New traffic pattern takes effect at Brazilian Ave. and South County Road in Palm Beach
Drivers traveling on South County Road on Thursday were the first to experience the new traffic pattern at the busy street’s intersection with Brazilian Avenue in Palm Beach’s Midtown. Crews overnight extended the intersection’s median with striped painting and delineators, to keep drivers from turning left from South County onto Brazilian. Drivers traveling north and […]
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Death toll climbs over 140 in Brazilian floods with no end in sight
The death toll has risen to 143 following the devastating floods in southern Brazil. A further 125 were missing and 806 people injured, the Rio Grande do Sul State Civil Defence Department said on Sunday. As it also rained this weekend, the number of people who had to leave their homes has risen to over […]