Banco do Brasil earnings guidance cut as costs hit Q1
Banco of Brazil earnings guidance cut points to higher credit costs in Q1 from both consumer and agribusiness lending, signaling a near-term profit impact. —
Profit drop costs surge drives Jollibee Q1 review of targets
Jollibee Foods’ profit drop costs surge in Q1 prompted a review of targets and spending, as shares slid to a five-year low. Updates as details emerge.
Iron Ore Production Rise Quarter: Rio Tinto Output Up in Q1
Rio Tinto’s iron ore production rise quarter in Australia occurred in Q1, despite March weather disruptions that shuttered ports and affected shipments.