Multilatina Index: Brazil’s CSN is the growth winner
With a 14 percent surge in revenue to $1.3 billion, Brazilian metal, mining, cement and energy firm CSN is the definite growth champion in Latin Trade’s most recent Multilatina Index. The revenues of the top 25 multilatinas reached a total of of $100.02 billion in the second-quarter this year, down from the $105.9 billion in the same period a year before. CSN was the only company that posted double-digit growth in the whole index, but there were also some steep double-digit drops, Latin Trade reports. Brazil’s Temer visits Argentine counterpart to discuss strengthening Mercosur President Mauricio Macri today met with his Brazilian counterpart Michel Temer, in the latter’s first official visit to Argentina as the new president of the neighbouring […]