RT Staff Reporters
The Rio Times staff is a network of freelance journalists and bloggers from around the world who inform us about news from their regions and specific topics. This information is collected, reviewed and processed in our newsroom.
Oil Markets React to U.S. Economic Shifts: A Glimpse into Future Pricing Trends
Oil prices saw a notable increase on May 16, driven by key economic indicators from the U.S. that suggest a possible Federal Reserve interest...
April Marks Historic High for Brazil’s Agribusiness Exports
In April 2024, Brazil's farming sector achieved a record-breaking export value of $15.24 billion.
This marked a 3.9% increase from the previous year, representing nearly...
U.S. and Angola Seal $1.3 Billion Deal to Revolutionize Infrastructure
The United States and Angola have finalized funding agreements for three significant infrastructure projects worth $1.3 billion.
This deal, part of the Lobito Corridor initiative,...
Dow Jones Breaks 40,000 Points Amid Rate Cut Buzz
The Dow Jones Industrial Average soared past 40,000 points for the first time on Thursday.
Investor optimism fueled this surge, with hopes that the Federal...
Brazil’s Exports to EU Surge, China Sales Climb
Brazil's export sector saw a remarkable surge in April 2024, driven by significant shipments of petroleum, unroasted coffee, and soybean meal.
The Foreign Trade Indicator...
Itaú’s Forecast: Interest Rates to Hold at 10.25% Amid Brazil’s Fiscal Strategy
Itaú Bank forecasts that Brazil's central bank will maintain the Selic interest rate at 10.25% until the end of 2025.
Itaú, a major bank in...
Thursday’s Morning Call: Global Economic Data and Petrobras Executive Change
This Thursday, financial markets oscillated between global economic indicators and a major corporate shake-up in Brazil.
Analysts scrutinized March's GDP monitor and China’s April industrial...
Dasa, IMC, Brisanet Q1 Earnings Reveal Mixed Outcomes
In Q1 2024, Dasa (DASA3) reported a net loss of R$ 176 million ($34.17 million), marking a deterioration of R$ 8 million ($1.55 million)...
AgroGalaxy, Fertilizantes Heringer, and Biomm Post Losses in Q1 2024
AgroGalaxy, controlled by Aqua Capital, ended Q1 with a net adjusted loss of R$ 249.7 million ($48.5 million).
This loss is 2.5 times higher than...
Mixed Financial Results for Alliança, Gafisa, and Light in Early 2024
Alliança (AALR3) reported challenging Q1 2024 results. The diagnostic medicine company, formerly known as Alliar, faced an adjusted net loss of R$ 70.8 million...
Rise in International Tourists Visiting Brazil in the First Four Months
In the first four months of this year, Brazil saw a 7.4 percent rise in international tourists, reaching a total of 2.92 million.
This period...
US Dollar Rises Amid Petrobras Shake-up and US Inflation Data
On a turbulent Wednesday, the US dollar experienced a modest increase against the Brazilian real, overshadowed by political concerns at Petrobras and mixed economic...
Bitcoin Surges 8% After U.S. Inflation Data
Bitcoin surged over 8% within 24 hours, reacting to the latest U.S. inflation data.
The consumer price index (CPI) in the U.S. rose 0.3% in...
Brazil’s Ibovespa Falls as Petrobras Leadership Shift Rattles Markets
The Brazilian stock market faced turbulence as shares of Petrobras plunged, dragging down the Ibovespa, despite favorable economic news from the United States.
This market...