Embraer Soars in Sao Paulo as Bolsonaro Approves Boeing Deal
- Embraer SA shares rose as much as 10 percent to 23.09 reais on Friday, the most intraday in more than a year, after the Brazilian government announced it won’t veto the deal with Boeing Co., giving its approval for two joint ventures. President Jair Bolsonaro said yesterday on Twitter that it became clear that the country’s interests and sovereignty were safeguarded. Also, the Union doesn’t oppose the process moving forward, Bolsonaro wrote after a meeting with representatives for Ministries of Defense, Science, Foreign Affairs and ...
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