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Why the chairman of Brazil’s largest retailer just dumped R$1.5bn of his shares
Even Abilio Diniz, Brazil’s 76-year-old retail tycoon and fitness fanatic, knows when to call it a day. After years of fighting for the company his father founded, on Friday he sold a third of his...
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Yunus’s latest project: chickens in Haiti
Persuading a Brazilian company to invest $300,000 in chickens in Haiti may sound like a rather tall order. Not, though, if you’re Muhammad Yunus. The Nobel peace prize winner and Brasil Foods (BRF),...
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