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Brazil prosecutors sue Trafigura over irregular Petrobras contracts
December 10, 2020December 4, 2020 avigocorpcom

Brazil prosecutors sue Trafigura over irregular Petrobras contracts

Business

Brazilian federal prosecutors have filed a lawsuit seeking damages from oil trading company Trafigura and former executives on corruption allegations involving Brazilian state-run oil company

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S&P 500 to swallow Tesla in one gulp; shares surge
December 9, 2020December 4, 2020 avigocorpcom

S&P 500 to swallow Tesla in one gulp; shares surge

Business

Tesla Inc shares jumped 4% in extended trade on Monday after S&P Dow Jones Indices said it would add one of Wall Street’s most valuable

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Unilever to try out four-day working week in New Zealand
December 8, 2020December 4, 2020 avigocorpcom

Unilever to try out four-day working week in New Zealand

Business

Global consumer goods giant Unilever said on Tuesday it was poised to try out a four-day working week for all its New Zealand employees. Unilever

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Trump to add China’s SMIC and CNOOC to defense blacklist
December 7, 2020December 4, 2020 avigocorpcom

Trump to add China’s SMIC and CNOOC to defense blacklist

Business

The Trump administration plans to add China’s top chipmaker SMIC and oil giant CNOOC to a blacklist of alleged Chinese military companies, escalating tensions with

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Zoom’s margins dented by booming free user base, cloud costs
December 6, 2020December 4, 2020 avigocorpcom

Zoom’s margins dented by booming free user base, cloud costs

Business

Zoom Video Communications Inc warned on Monday its gross margins would remain under pressure going into 2021 as the surging number of free users of

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S&P 500 ends down after rallying to best November ever
December 5, 2020December 4, 2020 avigocorpcom

S&P 500 ends down after rallying to best November ever

Business

The S&P 500 index ended lower on Monday as investors took profits following a sharp rally in recent weeks that led to the benchmark’s best

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Brazil’s JBS concludes deal to buy Bunge’s margarine, mayonnaise business
December 4, 2020 avigocorpcom

Brazil’s JBS concludes deal to buy Bunge’s margarine, mayonnaise business

Business

Brazilian food processor JBS SA said on Monday it concluded the acquisition of the margarine and mayonnaise businesses from Bunge’s local unit, according to a

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