Business

On Friday, the Brazilian stock market witnessed a significant surge in the shares of two major airlines, Azul and Gol. This spike was triggered by...

Governor Tarcísio de Freitas is launching a transformative plan to save São Paulo up to R$20 billion ($3.88 billion) annually. This ambitious initiative aims to slash public spending, boost investments, and enhance the business environment. Central...

XP Inc. (XPBR31) has achieved a significant financial milestone, posting a first-quarter net profit of R$ 1.03 billion ($201 million) from January to March...

Stellantis plans a substantial R$14 billion ($2.74 billion) investment to expand its Betim hub...

John Peter Rodgerson, CEO of Azul (AZUL4), emphasizes consolidation as essential for addressing challenges faced by Latin American airlines. He...

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,...

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

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

For the second year running, Brazil's sugar production has increased, promising to stabilize lower...

In April 2024, Brazil's trade balance surged to an impressive surplus of $9.041 billion, rising...

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