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Brazil
31 March 2023

Brazil and China central banks agree to boost yuan-real transactions

The central banks of Brazil (BC) and China (PBC) signed a memorandum of understanding to enable a financial instrument that allows transactions to be made in yuan, Chinese currency, and converted into reais in " faster and less costly way".
02 March 2023

EDP launches EUR 1 billion capital increase to gain full control of EDP Brasil

EDP wants to buy the 44% of EDP Brasil that it does not control and to finance the offer it is preparing a capital increase of EUR 1 billion, 600 million of which will come from its largest shareholders, including the biggest, China Three Gorges.
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