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Central Bank imposes eight-year secrecy on Banco Master liquidation documents
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Brazil's Central Bank has classified documents related to the extrajudicial liquidation of Banco Master as secret for eight years, with public release set for November 2033. The decision follows internal norms and aims to preserve the country's financial, economic, and monetary stability. It responds to a request by Folha under the Access to Information Law.
A last-minute R200-million funding deal from the Industrial Development Corporation has prevented the liquidation of sugar giant Tongaat Hulett, allowing its mills in KwaZulu-Natal to open for the cane crushing season. This provides relief to more than 18,000 growers who depend on the company's facilities. The Durban high court adjourned the winding-up application until 17 June.
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Perusahaan bir kerajinan Skotlandia Brewdog bersiap mengumumkan penjualan bisnisnya awal minggu depan, menurut email dari CEO James Taylor kepada staf. Perusahaan akan melikuidasi operasi Jermannya, mengecualikannya dari penjualan, sementara bar-bar tetap beroperasi normal akhir pekan ini. Investor menyatakan kekhawatiran atas potensi kerugian dari skema crowdfunding Equity for Punks.