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Business - Brazil

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 GDP figures set for release In Mexico, experts predict the final...

Brazil’s New Coastline Makeover: Neymar’s Caribbean Dream in the Making

A stunning 100-kilometer coastal belt between Alagoas and Pernambuco is set to transform into a real estate paradise. Known for pristine beaches, this area echoes the allure of Balneário Camboriú and Itapema, where real estate...

Brazilian Companies Go Global with Private Equity Support

In a world where global boundaries are increasingly fluid, Brazilian companies are ambitiously expanding internationally. Driven by strategic shifts, industries such as cosmetics, technology, and...

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...

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...

Brazil’s Caixa Achieves Strong Financial Results in Q1

Caixa Econômica Federal reported a recurring net profit of R$ 2.9 billion ($563 million) in the first quarter. This figure represents a 49% increase compared...

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...

Magda Chambriard’s Journey to Leading Petrobras

President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras, a critical company for Brazil's...

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...

Brazilian Services Sector Grows by 0.4% in March

In March, the Brazilian services sector grew by 0.4% compared to February, following seasonal adjustments. This...

GOL’s Revenue Falls, Posts Significant Q1 Loss

Brazil's GOL Linhas Aéreas reported a substantial net loss of R$ 130.2 million ($25.29 million) in Q1 2024. This marks...