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Business - Brazil

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 as a titan. This global leader...

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 in Latin America. The latest Kearney report ranks Brazil 19th among the world's top 25 investment...

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...

Brazil’s Largest Port Sees 15.9% Increase in Cargo Movement...

In early 2024, the bustling Port of Santos in southeast Brazil, not only the largest in Latin America but...

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 line in Três Lagoas, Mato Grosso do Sul. Announced in...

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...

Brazil Expands Oil Reserves to Highest Level Since 2015

In 2023, Brazil recorded its highest oil reserves since 2015, achieving 15.9 billion barrels. This 7% increase over last...

Petrobras Proposes 50% Dividend Payout Amid Board Tensions

On Friday, the Petrobras Board of Directors proposed releasing 50% of their extraordinary dividends,...

Brazil on Its Way to Becoming a Global Leader in Sustainable Aviation Fuel

In Brazil's lush sugarcane fields, a sustainable revolution in aviation fuel production is rapidly gaining...

Industrial Sector Shows Production and Job Increases in Brazil

On March 19, the National Confederation of Industry (CNI) released a survey showing a March increase in industrial production...