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The four will testify to a panel of lawmakers investigating how their business practices and data gathering have hurt smaller rivals

The legislation extends control over platforms like Facebook, Twitter and YouTube. Critics worry it will be used to stifle dissent and criticism of the government.

RIO DE JANEIRO, BRAZIL - "We're heading towards liberal democracy, we're going to open up the economy, we're going to simplify taxes. We're going to privatize, we're going to decentralize resources to states and municipalities." These pledges by the new Minister of Economy . . . To read the full ...

RIO DE JANEIRO, BRAZIL - Managers of large Brazilian fortunes are expanding the supply of funds focused on sustainability. Driven by the increased demand in the global market for investments in "green causes", asset managers are migrating their business portfolios and structuring new products guided by environmental, social, and governance ...

RIO DE JANEIRO, BRAZIL - Focusing on the potential of Brazilian cattle breeding, the meatpacking giant JBS is investing R$1 million (US$200,000) in 'Uboi', an app that caters to small, medium and large-scale cattle breeders. The goal is to use the group's fleet to transport third-party cattle, a highly specialized ...

RIO DE JANEIRO, BRAZIL - The Minister of Infrastructure, Tarcísio de Freitas, said yesterday, July 28th, that the overcoming of obstacles involving workers' rights, achieved with the labor reform, has already been noticed by foreign investors and, with the attractive asset portfolio for auctions in the country; the trajectory of ...

RIO DE JANEIRO, BRAZIL - In a day of great fluctuation in the financial market, the dollar closed virtually stable, after rising nearly one percent during the session. The stock market declined 0.35 percent amid earnings when investors sell securities to cash in on profits from previous days. The commercial ...

Stakeholders at the Policy Roundtable maiden meeting have urged young Nigerians to seize the business opportunities provided by the COVID-19 pandemic. The Maiden session of the roundtable held recently in Abuja on the topic, “Fiscal Flu: Unearthing Economic Possibilities In The Coronavirus,” encouraged the participants to keep engaging governments on levels ...

[UNDP] New York -- COVID-19 shutdown measures have had economic impacts far beyond city boundaries as urban economies account for 80 per cent of global GDP. The response should tackle the inequalities and long-term development deficits that have been exposed and made marginalized groups more vulnerable. National COVID-19 stimulus packages ...