Economy
2Β hours, 24Β minutes ago
Raizen Keeps Burning Cash, Sets Steeper Charge Amid Restructure
Brazilian sugar and fuels company Raizen SA reported a cash burn of 3.4 billion reais ($657 million) for the first β¦
Impact on RAIZ4.SA:
The news is likely to put downward pressure on Raizen's stock price, β¦
Raizen SA reported a significant cash burn of 3.4 billion reais and doubled its impairment β¦
High (80%)
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