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Business - Brazil

Financial Whirlwind: Brazil’s Market Faces a Week of Declines and Dollar Gains

This week, Brazil's financial scene saw significant swings, with the Ibovespa index dropping 3% and the U.S. dollar rising 1.27% against the real. The Ibovespa...

Dasa and Amil in Talks: A Potential Healthcare Powerhouse

In Brazil, Dasa's shares climbed 3.93% to R$3.93 ($0.76) on Friday, following a 13.69% spike the previous day. This boost was sparked by news of potential merger talks with Amil, fitting seamlessly with Dasa's strategic...

Brazil’s April Deficit Hits Four-Year High

April proved challenging for Brazil's economy, which saw a significant current account deficit of $2.516 billion. This figure, announced by Brazil's Central Bank, was the...

Strategic Skies: Azul and Gol Announce Partnership Amid Merger Talks

Azul and Gol, Brazil's premier airlines, have embarked on a strategic alliance that promises...

Brazil’s Coffee Comeback: A Brew of Growth and Opportunity

Brazil, the global leader in coffee production, is poised for a remarkable increase in its 2024 coffee harvest. This...

Rising Tide of High Profile Judicial Recovery Sweeps Across Brazilian Corporates

In Brazil's dynamic economy, heavyweight companies like Polishop, Coteminas, and Dia are seeking judicial recovery to avoid bankruptcy. This trend reflects a substantial 80% increase...

Brazilian Meat Giants’ Merger Faces Regulatory Roadblock in Uruguay

Uruguay's antitrust authority has halted part of a massive $1.5 billion deal between Brazilian giants Marfrig Global Foods and...

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...

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...

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...

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...