Business - Brazil
Brazil’s New Coastline Makeover: Neymar’s Caribbean Dream in the Making
A stunning 100-kilometer coastal belt between Alagoas and Pernambuco is set to transform into a real estate paradise.
Known for pristine beaches, this area echoes...
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 manufacturing are pursuing global markets.
Companies like Skala, Prestige, Tigre, CI&T,...
April Marks Historic High for Brazil’s Agribusiness Exports
In April 2024, Brazil's farming sector achieved a record-breaking export value of $15.24 billion.
This marked a 3.9% increase from the previous year, representing nearly...
Brazil’s Exports to EU Surge, China Sales Climb
Brazil's export sector saw a remarkable surge in April 2024, driven by significant shipments...
U.S. to Buy Critical Minerals from Brazil, Ambassador Says
US Ambassador Elizabeth Bagley announced plans to buy critical minerals from Brazil in a May 15, 2024 interview with...
Rise in International Tourists Visiting Brazil in the First Four Months
In the first four months of this year, Brazil saw a 7.4 percent rise in international tourists, reaching a total of 2.92 million.
This period...
Magda Chambriard’s Journey to Leading Petrobras
President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras, a critical company for Brazil's...
Brazil’s Economic Activity Index Down 0.34% in March, Below Expectations
The Brazilian Central Bank's Economic Activity Index (IBC-Br) revealed an unexpected drop in March 2024, surprising analysts.
The index fell...
JBS Exceeds Expectations Despite Market Challenges
In a notable first-quarter turnaround, JBS achieved a profit of R$ 1.6 billion ($310...
GOL’s Revenue Falls, Posts Significant Q1 Loss
Brazil's GOL Linhas Aéreas reported a substantial net loss of R$ 130.2 million ($25.29 million)...
Brazil’s Raízen Sees Significant Q1 2024 Loss
Raízen (RAIZ4) reported an adjusted net loss of R$ 178 million ($34.56 million) for the first quarter of 2023/2024.
This...
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