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Business

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 internationally. Driven by strategic shifts, industries such as cosmetics, technology, and manufacturing are pursuing global markets. Companies like Skala, Prestige, Tigre, CI&T,...

Marfrig Reverses Loss with R$ 62.6 Million Q1 Gain

Marfrig's financial turnaround in Q1 2024 underscores the global meat industry's complex dynamics. Heavily supported by BRF's performance, Marfrig achieved a net profit of R$...

Petrobras Experiences Significant Market Value Drop Following Leadership Change

Petrobras experienced a significant drop in market value following the unexpected resignation of its...

Nubank Sees Profit Surge Amid Rising Delinquencies and Expansion

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

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...

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...

UBS Optimistic on Vale with Upgrade to ‘Buy’

UBS recently elevated Vale's rating from 'neutral' to 'buy,' signaling a brighter outlook for the mining heavyweight. Accordingly, they've increased...

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

In early 2024, the B3 Stock Exchange in São Paulo underwent significant upheaval, marking...

Brazil’s Mineral Sector Soars

Brazil's mineral sector showcased a remarkable 25% revenue increase in the first quarter of 2024,...

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...