Richard Mann
Richard Mann is a German native and has worked as a freelance journalist for many years. He travels all over Brazil and is mainly interested in business, art, and culture and also likes to write articles about spiritual topics and unusual events.
Magazine Luiza’s Profit Grows 54 Percent in 2019 to R$921.8 Million
RIO DE JANEIRO, BRAZIL - Magazine Luiza's total net income amounted to R$921.8 million (US$230 million) in 2019, an increase of 54.3 percent over...
StartupRio Launches R$6 Million Bid for Innovation and Technology in Rio de Janeiro
RIO DE JANEIRO, BRAZIL - The StartupRio program is currently accepting proposals for the 5th edition of the Startup Rio 2020 Program - Support...
Banco do Brasil Could Be Privatized to Compete with Fintechs
RIO DE JANEIRO, BRAZIL - The president of Banco do Brasil (BB), Rubem Novaes, believes that the financial institution should be privatized to better...
With Difficulty in Attracting Doctors, Bolsonaro’s Government Prepares to Reinstate Cubans
RIO DE JANEIRO, BRAZIL - Cuban doctors who worked in the 'Mais Médicos' ('More Doctors') program and decided to remain in Brazil even after...
Dollar Escalation Concerns Industry Sectors Dependent upon Imports
RIO DE JANEIRO, BRAZIL - Domestically, a number of factors weigh on the exchange rate hikes, such as the country's dollar outflow and the...
Senate Committee Approves Bolsonaro’s Nominee as Brazilian Ambassador to USA
RIO DE JANEIRO, BRAZIL - After undergoing assessment by the Senate's Foreign Relations Committee (CRE) on Thursday, February 13th, diplomat Nestor Forster was unanimously...
Guedes Says High Dollar Is Good: ‘Housemaids Were Going to Disneyland’
RIO DE JANEIRO, BRAZIL - Economy Minister Paulo Guedes said on Wednesday that a higher dollar is "good for everyone". He said that "everyone"...
Banco do Brasil Achieves Record Profit of R$17.8 Billion in 2019
RIO DE JANEIRO, BRAZIL - Banco do Brasil (Bank of Brazil - BB) achieved a record profit of R$17.8 billion (US$4.5 billion) in 2019,...
Brazil Becomes Heineken’s Largest Market
RIO DE JANEIRO, BRAZIL - Brazil has become the largest global market for the Heineken beer brand, the company said on Wednesday, February 12th....
After Fed President’s Speech, Bitcoin Passes US$10,000 and Hits Highest 2020 Value
RIO DE JANEIRO, BRAZIL - Following a correction in recent days, Bitcoin has regained momentum, extending the 2020 rally after recording the best January...
Bolsonaro Leads 2022 Election Projections in All Scenarios, Even Against Lula
RIO DE JANEIRO, BRAZIL - Approval of Jair Bolsonaro's government has remained stable, his disapproval has dropped and, had the elections been held today,...
Mubadala Fund Alerts to Possible Shock in Commodities Market
RIO DE JANEIRO, BRAZIL - Commodity markets are expected to be rocked by the impact of the coronavirus on business worldwide, according to a senior...
Carrefour Confirms Negotiations to Purchase Makro Assets
RIO DE JANEIRO, BRAZIL - Carrefour released a statement on Monday, February 10th, confirming negotiations with Makro's controllers for a potential acquisition of real...
IBGE Survey: 2019 Industrial Production Dropped in Seven of 15 Brazilian Locations
RIO DE JANEIRO, BRAZIL - Industrial production declined in seven of the 15 locations surveyed in 2019, according to data from the Monthly Industrial...