Key Points
— Brazil produced 3.953 million barrels per day of crude oil in January, a 14.6% year-on-year increase, with pre-salt fields accounting for 80% of the total
— Total oil and gas output reached 5.168 million...
Key Points
— BYD's Dolphin Mini became the first fully electric car to lead Brazil's retail sales ranking, with 4,100 units sold at dealerships in February
— Chinese brands now hold 16.3% of Brazil's passenger car market,...
Key Points
— The Trem Intercidades will cover 101 km between Sao Paulo and Campinas in 64 minutes at speeds up to 140 km/h, with construction starting in May
— The 30-year concession is worth R$16.85 billion...
TODAY'S FOCUS
The Big Picture
The Strait of Hormuz crisis entered a dangerous new phase overnight. After Monday's markets closed, Iran's Islamic Revolutionary Guard Corps formally declared the waterway shut, warning it would fire on any vessel...
The Rio Times · SP Nightlife Desk
Your São Paulo nightlife guide for the first Monday of March · Bar Brahma keeps samba alive on the quietest night in town, Rabo di Galo brings live music...