Critical Minerals Could Add US$37.8 Billion to Brazil’s GDP
An Amcham study estimates critical minerals could add up to US$37.8 billion to Brazil's GDP and 750,000 jobs by 2050...
August 5, 2026Section
Latest News
Brazil Gas Auctions to Slash Industry Prices by over 50%
Brazil's CNPE authorized direct sales of the Union's natural gas via auctions, opening the gas market and targeting a 50%...
August 5, 2026
US$85 Million Profit at RD Saúde After Stix Loyalty Buyout
RD Saude, owner of Raia Drogasil, lifted adjusted quarterly profit and took full control of loyalty firm Stix, ending Q2...
August 5, 2026
TOTVS Cancels 20 Million Shares, Launches New Buyback
TOTVS canceled 20 million treasury shares and approved a new share buyback of up to 30 million shares, deepening its...
August 5, 2026
Embraer Takes Full Control of 1,100-Worker Chihuahua Plant
Embraer bought out Safran to take full control of its Chihuahua plant in Mexico, which builds cabin interiors for its...
August 5, 2026
Record US$254 Million Revenue for Brazilian Builder Tenda
Tenda’s Q2 revenue hit a record near US$254 million, up 30%, and the homebuilder raised 2026 guidance even as net...
August 5, 2026
Brazil’s Olympikus Owner Posts US$28M Profit, Launches Buyback
Vulcabras, maker of Olympikus, held Q2 profit near US$28 million and approved a buyback of up to 15 million shares...
August 5, 2026
C&A Brazil Posts Record Q2 Profit Near US$26 Million
C&A Brazil delivered a record quarterly profit near US$26 million, up 4.3%, as apparel sales grew even after the World...
August 5, 2026
US$4.2 Billion FIFA Fight as Africa’s 54 Votes Back Infantino
Infantino FIFA election hopes rest on CAF's 54 votes after the collapse of his US$4.2bn Forward Enterprise plan triggered a...
August 5, 2026
Brazil Mall Operator Iguatemi’s Recurring Profit Jumps 22%
Iguatemi’s Q2 profit fell about 36% as high Selic rates bit, though recurring earnings rose 22%. Brazil’s mall operator netted...
August 5, 2026
GPA Q2 Loss Widens to US$50 Million Amid Supply Crisis
GPA Q2 loss widened to about US$50 million as revenue fell 9.6%, with a supply and logistics crisis tied to...
August 5, 2026
Traoré Bans Parties and Targets Clerics as Burkina Faso Unravels
Ibrahim Traoré remains Africa's most celebrated young leader, but jihadist violence, mass displacement and a crackdown on clerics tell a...
August 5, 2026
236% Profit Surge at Brazilian Steelmaker Usiminas Hits US$84M
Usiminas Q2 profit soared about 236% to US$84 million, but shares fell as analysts flagged a tougher second half for...
August 5, 2026
Paul Biya Military Reshuffle Amid 58-Day Absence
Paul Biya military reshuffle replaces commanders in four of Cameroon's five regions as the 93-year-old president's absence in Europe reaches...
August 5, 2026
Gerdau Q2 Profit Jumps 70% to US$287 Million
Gerdau Q2 profit rose about 70% to US$287 million, with US$89 million in dividends, a share buyback and lower net...
August 5, 2026
Zimbabwe Lithium Export Earnings Jump 229.8% to US$782 Million
Zimbabwe lithium exports earned US$782.2 million in H1 2026, up 229.8%, as new processing plants and a price recovery lift...
August 5, 2026
Project Gazelle 2: Nigeria Approves US$4.5 Billion Oil-Backed Refinancing
Project Gazelle 2 refinances Nigeria's US$3.3bn oil-backed facility, adds US$3bn in liquidity and cuts pledged crude by 12.5% to 78,750...
August 5, 2026
16 Brazilian Officials Lose US Visas as Ambassador Targeted
The US revoked the Brazilian ambassador's visa in a reciprocal move; Brasília called the justification false as at least 16...
August 5, 2026
Gávea Exits Multimarket Funds After 23-Year Run
Gávea Investimentos, founded by ex-Central Bank chief Armínio Fraga, is closing its multimarket funds as Brazil's high Selic rate reshapes...
August 5, 2026
Peru’s US$1 Billion Coca-Cola Expansion to Overhaul Production
President Keiko Fujimori says Coca-Cola Peru and bottler Arca Continental Lindley will invest US$1 billion over five years, unveiled at...
August 5, 2026