Business
Hybrid Cars Gain Momentum in Brazil Amid Electric Vehicle Uncertainties
In Brazil, the hybrid car market is gaining momentum as electric vehicle (EV) sales slow down in multiple markets due to dwindling government incentives...
Brazil’s Mineral Sector Soars
Brazil's mineral sector showcased a remarkable 25% revenue increase in the first quarter of 2024, hitting R$68 billion (approximately $13.33 billion).
This surge stems from strong export performance and enhanced production across various minerals.
During this...
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...
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...
Rising Dollar Tightens Economic Challenges for Lula’s Government
(Analysis) The Brazilian Real has significantly weakened since the beginning of the year, culminating in the dollar peaking at R$5.268 on Tuesday, April 16.
Economists...
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...
Brazilian Steel Struggles Amid Import Surge
The Brazilian steel industry has witnessed notable shifts in early 2024, with crude steel production increasing by 6.2% in...
Brazil’s Industrial Confidence Wanes in April
In April, industrialists showed less confidence in the economy, marking a shift from the...
Brazil Faces Sharp Decline in March Trade Surplus
In March, Brazil experienced a notable 30.4% reduction in its trade surplus from February, landing...
Global Capital Dominates Brazilian Tech M&A Landscape in 2023
In 2023, the Brazilian technology sector witnessed a significant influx of foreign investment in mergers and acquisitions (M&As).
International companies...
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