Business - Brazil
Tuesday’s Morning Call: Fed Insights and XP’s Financials Shape Trading Landscape
Today's financial scene is marked by notable events including Federal Reserve speeches and a crucial earnings report from XP.
These events promise to give investors...
Forging Ahead: Brazil’s Steel Sector to Pump $20 Billion into Future Growth
Brazil's steel industry has committed to an ambitious $20 billion investment by 2028, boosting economic growth.
This initiative targets enhanced competitiveness, green manufacturing advances, and job creation.
The announcement came from the Presidential Palace of Planalto,...
Indian Tata Eyes Brazil as Central Hub For Latin America
Brazil and India, both pivotal in the Global South and as BRICS members, are advancing a stronger economic partnership.
Strategic talks between Brazil's Labor Minister,...
Weekly Economic Updates: GDP in Peru, Mexico, Chile; Mexico’s Inflation
This week brings crucial economic updates for Peru, Mexico, and Chile, with their first-quarter...
Brazil’s New Coastline Makeover: Neymar’s Caribbean Dream in the...
A stunning 100-kilometer coastal belt between Alagoas and Pernambuco is set to transform into a real estate paradise.
Known for...
Brazil’s Exports to EU Surge, China Sales Climb
Brazil's export sector saw a remarkable surge in April 2024, driven by significant shipments of petroleum, unroasted coffee, and soybean meal.
The Foreign Trade Indicator...
U.S. to Buy Critical Minerals from Brazil, Ambassador Says
US Ambassador Elizabeth Bagley announced plans to buy critical minerals from Brazil in a May 15, 2024 interview with...
Auren’s Acquisition of AES Brasil Reshapes Energy Market
Auren Energia, controlled by Votorantim and Canadian CCP Investments, acquired AES Brasil after two months of negotiations.
This acquisition makes...
Brazil’s Caixa Achieves Strong Financial Results in Q1
Caixa Econômica Federal reported a recurring net profit of R$ 2.9 billion ($563 million)...
Magda Chambriard’s Journey to Leading Petrobras
President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras, a...
Brazil’s Economic Activity Index Down 0.34% in March, Below Expectations
The Brazilian Central Bank's Economic Activity Index (IBC-Br) revealed an unexpected drop in March 2024, surprising analysts.
The index fell...
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