Business - Brazil

In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day (bpe/d), a 3.7% increase from 2023. Despite this, there was a...

In November 2015, a dam failure in southeastern Brazil’s Minas Gerais, operated by Samarco—a Vale and BHP venture—resulted in a catastrophic event. Near Mariana, the collapse unleashed a vast mud flood, devastating large areas and...

(Analysis) Amid global and local fiscal pressures, Brazil may end its monetary easing, with the Selic rate potentially stabilizing at 10%. These expectations stem from...

In 2024, Mercado Libre will inject R$ 8 billion ($1.57 billion) into São Paulo,...

Casas Bahia, a major Brazilian retailer, has faced economic downturns and tough market competition, prompting significant financial restructuring. The company...

In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering agreement with Argentina's Enarsa. This three-year Memorandum of Understanding (MoU) is...

Today, Petrobras announced a groundbreaking total shareholder payout for 2023 of R$94.35 billion ($18.32 billion). This included R$22 billion ($4.27...

In the vast landscapes of Brazil, where nature’s bounty runs as deep as the mines of Pará, Vale stands...

Brazil has emerged as a major player for global investments, establishing itself as the...

Brazilian companies are actively transforming the business environment with a series of bold steps. WEG infused...

In early 2024, the bustling Port of Santos in southeast Brazil, not only the largest in Latin America but...