SAO PAULO, March 13 (Reuters) - Brazilian power firm Eletrobras reported on Thursday a near 25% increase in its fourth-quarter net profit from a year earlier to 1.11 billion reais ($191.4 million). The company also announced 1.8 billion reais ($310 million) in additional dividends to shareholders in a separate statement. WHY IT'S IMPORTANT Eletrobras is Latin America's largest utility by...

SAO PAULO (Reuters) -Brazilian power firm Eletrobras reported on Thursday a near 25% increase in its fourth-quarter net profit from a year earlier to 1.11 billion reais ($191.4 million). The company also announced 1.8 billion reais ($310 million) in additional dividends to shareholders in a separate statement. WHY IT'S IMPORTANT Eletrobras is Latin America's largest utility by generating capacity. BY...

(Reuters) - The Australian government will be giving ANZ Group ( ANZGF ) a loan guarantee worth A$2 billion ($1.26 billion) to keep selling its services in the Pacific region, the lender said on Friday. The government also assesses the probability of the guarantee being called as very low. It includes an annual fee payable by the bank to the...

(Reuters) -The board of the U.S. Export-Import Bank approved a nearly $5 billion loan for a long-delayed LNG project in Mozambique, clearing a key hurdle to restarting the project under development by French oil major TotalEnergies. The Export-Import Bank had previously agreed a $4.7 billion loan for the $20 billion project under President Donald Trump's first administration, but it needed...