No menu items!

Business - Brazil

Brazil Nears Investment Grade with Moody’s Positive Outlook

Moody's recently upgraded Brazil's credit outlook from stable to positive while maintaining its Ba2 rating. This adjustment, first set in February 2016, places Brazil tantalizingly...

Brazil’s Early 2024 Job Surge: Over 719,000 New Positions

In the first quarter of 2024, Brazil witnessed a remarkable job market surge, adding 719,033 formal jobs, as per Caged data. This represented a 34% increase from the previous year, as stated by the Ministry...

Economic Expectations in Brazil Hit Lowest Since 2015 Amid Fiscal Uncertainty

In April, Brazil's Economic Uncertainty Index (IIE-Br) rose 2.7 points to 106.5, as reported by the Getulio Vargas Foundation (FGV). This uptick signals a slight...

The Decline of Remote Salaries in Latin America

Remote work has reshaped the global job scene, yet salaries have decreased across several...

Petrobras’s Q1 2024: Production Growth Amid Challenges

In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day (bpe/d), a 3.7% increase from...

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...

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...

Insights into Brazil’s April Inflation Slowdown

In April, inflation in Brazil experienced a significant deceleration, as evidenced by the IPCA-15...

Petrobras Delivers Record Dividends in 2023

Today, Petrobras announced a groundbreaking total shareholder payout for 2023 of R$94.35 billion ($18.32 billion). This...

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...