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Grupo Casas Bahia SA filed for bankruptcy protection in Sao Paulo, after an out-of-court debt restructuring with its main creditors proved insufficient to resolve its financial troubles.
B Berkshire Hathaway is buying Alphabet shares and now holds around 106 million shares of the Google Group. Nvidia significantly reduces its hedge for an OpenAI data center.
Africa is building regional payment systems that could make cross-border money transfers faster and cheaper, but its fragmented currencies remain a problem that payment rails alone cannot solve.
