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Brazil Senate committee approves Lula’s picks for central bank board

Brazil Senate committee approves Lula’s picks for central bank board

© Reuters. FILE PHOTO: A general view of the Central Bank headquarters building in Brasilia, Brazil February 14, 2023. REUTERS/Adriano Machado/File Photo BRASILIA (Reuters) -The Brazilian Senate on Tuesday approved President Luiz Inacio Lula da Silva’s first picks for the independent central bank, an institution he has clashed with since taking office in January. Former finance ministry…

UK’s early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fund

UK’s early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fund

UK-based early-stage media technology venture capital firm GMG Ventures has rebranded to Mercuri. It has also raised £50 million ($81.35 million) for its second fund led by British Business Bank, through its Enterprise Capital Funds program, to back startups using artificial intelligence to reinvent traditional media models. Other investors in the latest fund include The…