Business - Brazil
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 index, which rose by just 0.21%.
This rise fell short of the anticipated 0.29% monthly and 3.86% annually.
Compared to March's 0.36%,...
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 Memorandum of Understanding (MoU) is...
Petrobras Delivers Record Dividends in 2023
Today, Petrobras announced a groundbreaking total shareholder payout for 2023 of R$94.35 billion ($18.32...
Vale Faces Challenges Yet Holds Steady in Q1
In the vast landscapes of Brazil, where nature’s bounty runs as deep as the mines of Pará, Vale stands...
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 million) into its funds, boosting...
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 largest in Latin America but...
Brazil’s Lula Criticizes Financial Market Forces in Defiant Speech
In a compelling press briefing this Tuesday, President Luiz Inácio Lula da Silva openly challenged the financial pressures dominated...
Usiminas Faces Economic Challenges in Steel Market
Usiminas, a major player on Brazil's Ibovespa stock index, saw a sharp 10% drop...
Brazil’s Aviation Overhaul: Azul and GOL’s Merger to Command Skies
Brazil's aviation sector is poised for a major transformation with the proposed merger between Azul...
Brazil Expands Oil Reserves to Highest Level Since 2015
In 2023, Brazil recorded its highest oil reserves since 2015, achieving 15.9 billion barrels. This 7% increase over last...
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