Urgent.News

What's breaking now, across thousands of outlets.

Business

Murtra replaces the entire top management of Telefónica in Brazil in the midst of the electoral campaign

The group is holding a special board meeting in São Paulo to examine the strategic plan a few days before the second round of presidential elections.

Translated from Spanish Read in Spanish

Murtra replaces the entire top management of Telefónica in Brazil in the midst of the electoral campaign

Telefónica's president, Marc Murtra, has taken most of the company's executive team and board of directors to Brazil for a special meeting. The meeting aims to assess the performance of Telefónica's Transform and Growth strategic plan, which was launched 12 months ago. This move coincides with the final stages of the campaign for the second round of general elections in Brazil.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at elpais.com →

More in Business

2 BDC Stocks to Buy and Hold That Earn More Than Their Regular Dividends

These two ultra-high-yield BDCs have breathing room when it comes to dividend safety, but understand the full dividend story before you buy.

  • Main Street Capital (MAIN) offers 5.9% regular dividend yield
  • Hercules Capital (HTGC) offers 9.9% regular dividend yield
  • Both BDCs have strong 125%-130% coverage of regular dividends

More from Wednesday 21 October →