Porto Sul Port Project Advances With New Land Expropriation
Bahia expropriates 384 hectares for Porto Sul, advancing the R$6.59bn port tied to the Fiol railway. Learn what this means...
August 10, 2026Section
Economy
Habib’s Debt: Court Protection Freezes Payments for 60 Days
Habib's debt reaches R$312.4 million as parent Gennius Brasil wins court protection. What went wrong and what it means for...
August 10, 2026
Brazil Import Tax Pause Faces 8 September Expiry
Brazil import tax: the 20% 'taxa das blusinhas' on parcels up to US$50 could return on 8 September unless Congress...
August 10, 2026
Usiminas Profit Jumps 236% But Faces Slower Quarter Ahead
Usiminas profit jumped 236% year-on-year to R$ 428.2 million in 2Q26, but fell 52% sequentially. EBITDA beat expectations. Outlook stays...
August 10, 2026
Embraer Q2 Record Backlog Signals Strong Latin American Demand
Embraer Q2 2026 results show record US$34.5 billion backlog, US$1.82 billion revenue, and strong guidance, with IndiGo talks and Latvia...
August 10, 2026
Lula’s Stimulus Plan Sparks Election Spending Fight
Lula stimulus totals R$283.2 billion in 2026, with 69% dependent on loans. Critics call it electoral spending; the Finance Ministry...
August 10, 2026
Sabesp Privatisation Cuts Water Bills 15%, Says Governor
Sabesp privatisation: São Paulo governor Tarcísio de Freitas says water and sewer bills are now 15% lower than they would...
August 10, 2026
Prio Q2 Profit Surges 169% On Record Output
Prio Q2 profit surged 169% to US$413.3 million on record output of 172,000 boepd. See what drove the jump and...
August 10, 2026
Gerdau Q2 Profit Jumps 70% As North America Drives Strong Results
Gerdau Q2 profit jumps 70% to R$1.466 billion (US$287 million) on North America strength, with EBITDA up 34% and a...
August 10, 2026