Brazil
Elon Musk and the Brazilian Political Drama: A Tale of Rights and Wrongs
(Analysis) In Brazil, the clash between high-profile figures such as Elon Musk and members of the Brazilian Supreme Court, particularly Justice Alexandre de Moraes,...
Brazil Adjusts Economic Growth Forecast Amid Challenges
In a dynamic turn of events, Brazil's economic resilience shines as the Ministry of Finance raises its 2024 GDP growth estimate from 2.2% to 2.5%.
This optimistic update, unveiled yesterday, stems from the Macrofiscal Bulletin...
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...
April Marks Historic High for Brazil’s Agribusiness Exports
In April 2024, Brazil's farming sector achieved a record-breaking export value of $15.24 billion.
This marked a 3.9% increase from...
Chinese EV Makers Pivot to Mexico and Brazil Amid U.S. Tariffs
Chinese electric vehicle (EV) manufacturers, including BYD, are rushing shipments to Mexico and Brazil. This move responds to impending U.S. tariff hikes and trade...
U.S. to Buy Critical Minerals from Brazil, Ambassador Says
US Ambassador Elizabeth Bagley announced plans to buy critical minerals from Brazil in a May 15, 2024 interview with...
Auren’s Acquisition of AES Brasil Reshapes Energy Market
Auren Energia, controlled by Votorantim and Canadian CCP Investments, acquired AES Brasil after two months of negotiations.
This acquisition makes...
Brazil’s Caixa Achieves Strong Financial Results in Q1
Caixa Econômica Federal reported a recurring net profit of R$ 2.9 billion ($563 million)...
Petrobras Experiences Significant Market Value Drop Following Leadership Change
Petrobras experienced a significant drop in market value following the unexpected resignation of its president.
A...
Magda Chambriard’s Journey to Leading Petrobras
President Luiz Inácio Lula da Silva has officially nominated Magda Chambriard to lead Petrobras, a critical company for Brazil's...
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