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Business - Brazil

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%...

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 shift towards uncertainty, even as the index remains within a...

The Decline of Remote Salaries in Latin America

Remote work has reshaped the global job scene, yet salaries have decreased across several sectors despite high hiring rates in 2023. Data from Deel indicates...

Petrobras’s Q1 2024: Production Growth Amid Challenges

In Q1 2024, Brazil's Petrobras reported a production of 2.776 million barrels per day...

Brazil: $25 Billion Settlement Offered in 2015 Mariana Tragedy

In November 2015, a dam failure in southeastern Brazil’s Minas Gerais, operated by Samarco—a Vale and BHP venture—resulted in...

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...

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 index, which rose by just...

A Strategic Energy Alliance in South America

In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering...

Vale Faces Challenges Yet Holds Steady in Q1

In the vast landscapes of Brazil, where nature’s bounty runs as deep as the mines...

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...