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Business

Brazil’s Robust Sugar Harvest Stabilizes Global Supply

For the second year running, Brazil's sugar production has increased, promising to stabilize lower prices and alleviate shortages faced by global markets. The country, renowned...

Eletrobras Reports Strong 9% Revenue Growth Amid Economic Shifts

Eletrobras (ELET6), a leading Brazilian energy company, reported a regulatory net revenue of R$9.7 billion ($1.9 billion) for Q1 2024. This represents a 9% increase from Q1 2023. Primarily, tariff adjustments in the transmission segment...

Brazil’s Trade Surplus Climbs to $9 Billion in April 2024

In April 2024, Brazil's trade balance surged to an impressive surplus of $9.041 billion, rising 13.7% over the $8 billion surplus of April 2023. This...

UBS Optimistic on Vale with Upgrade to ‘Buy’

UBS recently elevated Vale's rating from 'neutral' to 'buy,' signaling a brighter outlook for...

Challenges in Brazil’s B3 Stock Exchange Amidst Foreign Investor...

In early 2024, the B3 Stock Exchange in São Paulo underwent significant upheaval, marking one of its most challenging...

Brazil’s Oil and Gas Production: Trends and Implications

In March 2024, Brazil's oil output slightly decreased by 2.7%, recording 3.356 million barrels daily. Despite this dip, production was up 7.7% from the...

Brazil’s Bradesco Overcomes Challenges, Beats Expectations in Q1 2024

Amid a strategic overhaul, Bradesco revealed its first quarter 2024 performance, recording a net profit of R$ 4.211 billion...

Latin America’s Gold Reserves: A Shield Against Economic Shocks

As Middle East tensions escalate, the allure of gold has soared, with its price reaching a peak of $2,400.67...

Brazil’s Lingering Dollar Reliance Amid Fiscal Strategy Shift

Roberto Campos Neto, President of the Central Bank of Brazil, emphasized on Friday that...

Rising Dollar Tightens Economic Challenges for Lula’s Government

(Analysis) The Brazilian Real has significantly weakened since the beginning of the year, culminating in...

Escalating Strains Between Brazilian Congress and Supreme Court Raise Alarms

(Analysis) In Brazil, tensions between Congress and the Supreme Court (STF) are escalating, drawing attention nationwide and beyond. Criticism has...