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Prio's second-quarter profit jumped 169% to US$413.3 million, helped by record production of 172,000 barrels of oil equivalent per day. Revenue rose 184% to about US$1.4 billion. The post Prio Q2 Profit Surges 169% On Record Output appeared first on The Rio Times .
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Oil prices rose on Monday, Aug. 10, amid continued uncertainty over reopening the Strait of Hormuz, after Iran said the United States would have to meet several conditions even as Tehran and Oman…
Gerdau's Q2 profit surged 69.7% to R$1.466 billion (US$287 million), boosted by North American demand. The company also approved a dividend of R$0.23 per share.
Brazil's Lula stimulus hits R$283.2 billion (US$55 billion) in 2026. UBS says 69% depends on credit. Critics see election spending; the ministry says it is growth policy.
Your look at what's coming in the week starting Aug. 10
Mainland and Hong Kong stocks rose on Monday, led by consumer shares, though gains were limited by weakness in tech plays.