Business - Brazil
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 Lula da Silva at the company's side, Embraer announced its commitment to invest approximately $390...
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...
A Strategic Energy Alliance in South America
In a key move to boost regional energy stability, Brazil's Petrobras signed a pioneering...
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 included R$22 billion ($4.27...
Strategic Steel Quotas: Brazil’s New Economic Defense
The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas.
This measure aims to protect its domestic steel industry from...
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...
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...
Batista’s $4.8 Billion Eldorado Venture Boosts Brazil’s Agribusiness
Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production...
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 and GOL Airlines.
This strategic...
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