Business - Brazil
Brazilian Companies Go Global with Private Equity Support
In a world where global boundaries are increasingly fluid, Brazilian companies are ambitiously expanding internationally.
Driven by strategic shifts, industries such as cosmetics, technology, and...
April Marks Historic High for Brazil’s Agribusiness Exports
In April 2024, Brazil's farming sector achieved a record-breaking export value of $15.24 billion.
This marked a 3.9% increase from the previous year, representing nearly half of the country's total exports.
According to data from the...
Brazil’s Exports to EU Surge, China Sales Climb
Brazil's export sector saw a remarkable surge in April 2024, driven by significant shipments of petroleum, unroasted coffee, and soybean meal.
The Foreign Trade Indicator...
U.S. to Buy Critical Minerals from Brazil, Ambassador Says
US Ambassador Elizabeth Bagley announced plans to buy critical minerals from Brazil in a...
Auren’s Acquisition of AES Brasil Reshapes Energy Market
Auren Energia, controlled by Votorantim and Canadian CCP Investments, acquired AES Brasil after two months of negotiations.
This acquisition makes...
Magda Chambriard’s Journey to Leading Petrobras
President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras, a critical company for Brazil's economy.
Brazil’s state-owned oil company will...
Brazil’s Economic Activity Index Down 0.34% in March, Below Expectations
The Brazilian Central Bank's Economic Activity Index (IBC-Br) revealed an unexpected drop in March 2024, surprising analysts.
The index fell...
JBS Exceeds Expectations Despite Market Challenges
In a notable first-quarter turnaround, JBS achieved a profit of R$ 1.6 billion ($310 million), reversing the losses from...
Brazilian Services Sector Grows by 0.4% in March
In March, the Brazilian services sector grew by 0.4% compared to February, following seasonal...
Brazil’s Raízen Sees Significant Q1 2024 Loss
Raízen (RAIZ4) reported an adjusted net loss of R$ 178 million ($34.56 million) for the...
Petrobras Faces Significant First Quarter Profit Drop
Petrobras, Brazil's state-owned oil giant, reported a significant 37.9% decline in net profit for the first quarter of 2024.
The...
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