KNOT Offshore locks in $100m tanker deal with secured revenue until 2029
KNOT Offshore Partners LP has announced a strategic fleet renewal with the acquisition of the Live Knutsen, a 2021-built DP2 Suezmax-class shuttle tanker, while divesting ... Read More
Sherwin-Williams expands in Latin America with $1.15bn acquisition of BASF’s Brazilian paints business
Sherwin-Williams has announced a major expansion in Latin America with the acquisition of BASF’s Brazilian architectural paints business in an all-cash transaction valued at $1.15 ... Read More
Cencosud’s strategic shift: Why the retail giant is selling Bretas operations in Minas Gerais
In a decisive move reflecting its evolving business strategy, Cencosud S.A. has entered into an agreement to sell its Bretas operations in Minas Gerais, Brazil, ... Read More
São Paulo street turns into disaster zone after deadly plane crash
A devastating small plane crash in São Paulo on February 7, 2025, has left two people dead and several others injured, raising critical questions about ... Read More
Halliburton bags integrated drilling services contract from Petrobras in Brazil
Halliburton (NYSE: HAL) has secured a significant offshore drilling contract with Petrobras to provide integrated drilling services across multiple offshore fields in Brazil. Awarded through ... Read More
Moove to strengthen presence in Latin America with Kovi acquisition
Moove, a global leader in mobility solutions, has taken a significant step in expanding its international presence with the acquisition of Kovi, a São Paulo-based ... Read More
Bridgestone announces closure of LaVergne plant amid strategic optimization
Bridgestone Americas, a subsidiary of Bridgestone Corporation, has announced the closure of its LaVergne, Tennessee, Truck and Bus Radial Tire Plant, effective July 31, 2025. ... Read More
Azul and Abra sign MoU to combine aviation operations in Brazil
Azul S.A., Brazil’s leading airline by destinations, and Abra Group, the controlling investor in Gol Linhas Aéreas and Avianca, have announced a major milestone in ... Read More
TD Synnex expands cloud dominance With IPsense deal in Brazil
TD Synnex, an IT ecosystem solutions distributor and aggregator, has finalized the acquisition of the cloud migration business of IPsense, a Brazilian cloud solutions provider. ... Read More
Fundão disaster: BHP, Vale, and Samarco in landmark $32bn settlement
In a landmark agreement, BHP, Vale, and their joint venture Samarco have reached a $32 billion settlement with Brazilian authorities to address the devastating impacts ... Read More