Brazil

Caixa Econômica Federal reported a recurring net profit of R$ 2.9 billion ($563 million) in the first quarter. This figure represents a 49% increase compared...

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 marked the third-best result after 2018 and 2017. The Ministry...

Petrobras experienced a significant drop in market value following the unexpected resignation of its president. A new leader, formerly with the National Agency of Petroleum,...

President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras,...

The Brazilian Central Bank's Economic Activity Index (IBC-Br) revealed an unexpected drop in March 2024, surprising analysts. The index fell...

On Tuesday evening, Petrobras (PETR4) announced that CEO Jean Paul Prates requested an early termination of his tenure. Prates, appointed by President Luiz Inácio Lula...

(Analysis) The latest update from Brazil's Monetary Policy Committee (Copom) indicates the nearing end of the interest rate reduction...

Nubank reported a net profit of $378.8 million in the first quarter of 2024, marking a 167% increase from...

In Rio Grande do Sul, a state pivotal to Brazil’s economy, catastrophic floods are...

Brazil's GOL Linhas Aéreas reported a substantial net loss of R$ 130.2 million ($25.29 million)...

Political instability, social advantages, and opportunities to invest in stable economies are driving Latin American millionaires to migrate. High-net-worth individuals...