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Brazil

Azul Eyes Mergers to Revive Latin American Airlines

John Peter Rodgerson, CEO of Azul (AZUL4), emphasizes consolidation as essential for addressing challenges faced by Latin American airlines. He explained in an interview with...

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...

Lula Announces Bold Measures for Flood Relief in Rio...

In response to Rio Grande do Sul's floods, President Lula announced significant aid measures for the region. On his third...

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 Auren the third largest power...

Brazil’s Caixa Achieves Strong Financial Results in Q1

Caixa Econômica Federal reported a recurring net profit of R$ 2.9 billion ($563 million) in the first quarter. This figure...

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...

Petrobras Experiences Significant Market Value Drop Following Leadership Change

Petrobras experienced a significant drop in market value following the unexpected resignation of its...

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,...

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...