Business - Brazil

In 2024, Mercado Libre will inject R$ 8 billion ($1.57 billion) into São Paulo, representing 35% of its R$23 billion ($4.51 billion) Brazil-wide investment. This...

Casas Bahia, a major Brazilian retailer, has faced economic downturns and tough market competition, prompting significant financial restructuring. The company secured a vital agreement extending its debt terms, thereby stabilizing cash flow and ensuring financial...

Embraer, recognized as the world’s third-largest aircraft manufacturer, unveiled a significant investment plan for 2024. With Brazil's President Luiz Inácio Lula da Silva at the...

In April, inflation in Brazil experienced a significant deceleration, as evidenced by the IPCA-15...

In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering agreement with Argentina's Enarsa. This three-year...

Brazil has emerged as a major player for global investments, establishing itself as the top choice for foreign capital in Latin America. The latest Kearney...

The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas. This measure aims to protect...

Brazilian companies are actively transforming the business environment with a series of bold steps. WEG infused R$1 billion (approximately $194...

In early 2024, the bustling Port of Santos in southeast Brazil, not only the...

Usiminas, a major player on Brazil's Ibovespa stock index, saw a sharp 10% drop in...

Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production line in Três Lagoas,...