Brazil

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, a critical company for Brazil's economy. Brazil’s state-owned oil company will now have an experienced engineer at its helm. Chambriard brings...

The Brazilian Central Bank's Economic Activity Index (IBC-Br) revealed an unexpected drop in March 2024, surprising analysts. The index fell by 0.34% compared to February....

In a notable first-quarter turnaround, JBS achieved a profit of R$ 1.6 billion ($310...

Brazil's Supreme Court President, Luís Roberto Barroso, sparked intrigue by advocating for artificial intelligence (AI) in the judiciary. He suggested...

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

In Rio Grande do Sul, a state pivotal to Brazil’s economy, catastrophic floods are unraveling years of progress. This region,...

In March, the Brazilian services sector grew by 0.4% compared to February, following seasonal adjustments. This growth comes after a...

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

Raízen (RAIZ4) reported an adjusted net loss of R$ 178 million ($34.56 million) for the...

Petrobras, Brazil's state-owned oil giant, reported a significant 37.9% decline in net profit for the first quarter of 2024. The...