Brazil's Casas Bahia judicial recovery covers R$17.3bn debt. Top labor court upholds block on layoffs. Tax probe names retailer as beneficiary.

São Paulo prosecutors have named Casas Bahia as a beneficiary of an alleged tax credit scheme. The retailer says it has not been formally notified.

Brazil's Casas Bahia judicial recovery covers R$17.3bn debt. Top labor court upholds block on layoffs. Tax probe names retailer as beneficiary.