Navitas to buy Claros in $232.8M deal
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Spanish workers spend equivalent of 231 days paying taxes, study says
Tax Freedom Day fell on 20 August, according to Fundación Civismo. The think tank says the average worker’s tax burden has increased by 54 days since 2018, partly because of higher social…
Brazil Markets: Ibovespa & the Real — August 25, 2026
Brazil's Ibovespa rose 0.51% to 171,907 as Vale rallied and offset a Braskem slide, while the real eased to 5.1531 per dollar.
- Ibovespa closed 0.51% higher at 171,907 points on August 25, 2026
- Vale led gains with 2.80% increase, offsetting Braskem's 6.71% drop
- Brazilian real weakened 0.27% to 5.1531 per US dollar
Swiss Franc: Export strains with strong CHF – Commerzbank
Commerzbank’s Michael Pfister analyses how the strong Swiss Franc (CHF) and an undervalued Chinese Yuan (CNY) are weighing on Switzerland’s export competitiveness.
Avon US branch sold to owners of rest of beauty business
Cosmetics brand Avon's North American operations have been bought by the owner of its UK-based international division.