Business - Brazil
Mercado Libre Channels Major Investment into São Paulo’s Economy
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...
Strategic Debt Overhaul Boosts Casas Bahia’s Liquidity
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’s Major Investment Enhances Brazil’s Aviation Industry
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...
Insights into Brazil’s April Inflation Slowdown
In April, inflation in Brazil experienced a significant deceleration, as evidenced by the IPCA-15...
A Strategic Energy Alliance in South America
In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering agreement with Argentina's Enarsa.
This three-year...
Brazil Tops Latin America as the Prime Destination for Foreign Investment
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...
Strategic Steel Quotas: Brazil’s New Economic Defense
The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas.
This measure aims to protect...
Corporate Moves in Brazil: Updates on WEG, Neoenergia, and Cogna
Brazilian companies are actively transforming the business environment with a series of bold steps.
WEG infused R$1 billion (approximately $194...
Brazil’s Largest Port Sees 15.9% Increase in Cargo Movement in Early 2024
In early 2024, the bustling Port of Santos in southeast Brazil, not only the...
Usiminas Faces Economic Challenges in Steel Market
Usiminas, a major player on Brazil's Ibovespa stock index, saw a sharp 10% drop in...
Batista’s $4.8 Billion Eldorado Venture Boosts Brazil’s Agribusiness
Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production line in Três Lagoas,...
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