Luciana Magalhaes's profile photo

Luciana Magalhaes

Brazil

Columnist at Reuters

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Articles

  • 1 week ago | ca.finance.yahoo.com | Luciana Magalhaes |Alberto Alerigi Jr.

    By Luciana Magalhaes and Alberto Alerigi Jr SAO PAULO (Reuters) - When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars. Instead, carmakers opened and then shuttered factories, ultimately shedding jobs and slashing production. Brazilians routinely pay 50% more for the same models as regional peers today, with technologies often lagging behind global markets.

  • 1 week ago | money.usnews.com | Ana Mano |Luciana Magalhaes

    By Ana Mano and Luciana MagalhaesSAO PAULO (Reuters) - JBS SA, the world's largest meat-packer, appears to have moved a step closer to obtaining the necessary approvals for a primary listing of shares on the New York Stock Exchange, according to a regulatory document filed with the U.S. market regulator.

  • 2 weeks ago | marketscreener.com | Marcela Ayres |Luciana Magalhaes

    BRASILIA (Reuters) - Brazilian lender Banco Master is advancing in talks with investment bank BTG Pactual to sell assets left over after a deal in which state-controlled bank BRB acquired most of its capital, according to two people familiar with the matter. The assets under negotiation include court-ordered payments and private equity holdings valued between 15 billion reais and 23 billion reais ($2.7 billion to $4.1 billion).

  • 3 weeks ago | bol.uol.com.br | Luciana Magalhaes

    O Banco Master, liderado por Daniel Vorcaro, registrou lucro líquido de R$ 1,068 bilhão em 2024, dobrando o lucro de R$ 532 milhões apurado em 2023, conforme balanço financeiro divulgado nesta terça-feira (1). O patrimônio líquido da instituição atingiu R$ 4,74 bilhões no ano passado, acima dos R$ 2,3 bilhões registrados em 2023, enquanto o total de ativos alcançou R$ 63 bilhões no mesmo período, crescimento de 75% na comparação ano a ano.

  • 3 weeks ago | kfgo.com | Luciana Magalhaes

    By Luciana MagalhaesSAO PAULO (Reuters) – Government-controlled Banco de Brasilia (BRB) only agreed to acquire the healthiest and most strategically relevant assets from fellow lender Banco Master after months of negotiations, BRB CEO Paulo Henrique Costa said in a Tuesday interview.

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Luciana Magalhaes
Luciana Magalhaes @Lucimagalhaess
26 Mar 25

RT @brito_ricardo: Brazil Supreme Court majority votes Bolsonaro should stand trial A coverage with @Lucimagalhaess, @lisparaguassu http…

Luciana Magalhaes
Luciana Magalhaes @Lucimagalhaess
26 Jun 24

I am thrilled to share that as of next Monday I am joining the team at Reuters as a Brazil Business Investigations Correspondent. I am very happy and proud to soon be working for such an amazing and forward thinking company! Let new adventures begin!

Luciana Magalhaes
Luciana Magalhaes @Lucimagalhaess
15 May 24

'Vou precisar do seu cargo': como Lula demitiu Prates da Petrobras https://t.co/Vo7gDKxWm3 via @UOLNoticias @UOL