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Montevideo, June 20th 2018 - 05:29 UTC

Tag: Reuters

  • Saturday, May 26th 2018 - 08:32 UTC

    Odebrecht begins paying debts and fines following financial agreement

    Odebrecht said that Itaú Unibanco Holding SA and Banco Bradesco SA, Brazil's top two lenders, will give Odebrecht a joint loan of 2.6 billion reais.

    Brazilian conglomerate Odebrecht SA's will use part of a 2.6 billion reais (US$709.96 million) bank loan to repay a loan in arrears with state-controlled bank Banco do Brasil SA, according to sources quoted by Reuters. Under the terms of an agreement announced on Friday, the engineering group, at the center of a corruption scandal, will repay a 100 million reais debt to Banco do Brasil.

  • Wednesday, May 16th 2018 - 08:16 UTC

    Brexit: Thomson Reuters moves part of its trading business to Dublin

    The company said its foreign exchange derivatives trading business would “not be able to continue to access the EU market after the Brexit date”

    Thomson Reuters, which operates trading systems for financial institutions around the world, is moving its foreign exchange derivatives trading business to Dublin from London. The company said it was moving so that post-Brexit it would still be regulated by European Union rules and could continue to sell into the EU.