Brazil’s Bars Set a Record. Retail Had Its Worst June Since 2020.
Brazil retail sales fell 2.8% in June, the worst June since 2020, even as World Cup match days set bar...
July 9, 2026Section
Brazil Markets
Daily coverage of Brazil’s financial markets – the Ibovespa index, the real (BRL), interest rates set by the Banco Central do Brasil, and the blue-chip names that move the bourse such as Petrobras, Vale, Itau and Nubank. The Rio Times tracks each B3 trading session, the Copom rate decisions, inflation (IPCA) prints and the policy headlines that drive Latin America’s largest equity market. Here you will find our running stream of Brazil stock-market reports, the daily Financial Morning Call and analysis aimed at investors who need a clear, English-language read on Sao Paulo’s markets. Bookmark this hub for the latest Ibovespa close, real exchange-rate moves and corporate earnings from Brazil.
Brazil’s Central Bank Lost $1.8bn on Swaps, Made $4.8bn on Reserves
Brazil's central bank swap book lost R$9.277bn ($1.80bn) in June while reserves earned R$24.893bn ($4.83bn) in the same release. Here...
July 9, 2026
Brazil’s Petrol Subsidy Is a Tax on Its Own Ethanol Industry
Brazil's petrol subsidy pays R$0.44 ($0.09) a litre while ethanol gets nothing, penalising the biofuel industry the country spent 50...
July 9, 2026
Vale Paid Its Departing Chairman. Now It Must Explain Why.
Brazil's regulator is probing why Vale paid departing chairman Stieler. The company says his resignation came first, then the two-year...
July 9, 2026
Brazil’s Dollar Inflows Look Strong. Look at Who Is Leaving
Brazil FX flow hit $16.824bn net inflows through July 3, but trade brought in $34bn while investors pulled out nearly...
July 9, 2026
Brazil Will Let Households Pick Their Power Supplier in 2028
Households join the Brazil free energy market from 25 November 2028 and small firms from November 2027, a draft decree...
July 9, 2026
Ecopetrol’s Brazil Takeover Stalls Over What Minorities Get Paid
Brazil's regulator froze the Ecopetrol Brava Energia takeover, calling the private and public halves one control deal that must pay...
July 9, 2026
Brazil’s Cancer Giant Has $24m in Cash and $680m Due This Year
Brazil cancer network Oncoclinicas seeks 40–50% creditor write-off on $640M debt, with $85M Q1 loss and $84M cash trapped at...
July 9, 2026
Brazil’s Election Rules Just Stripped Lula of Incumbency
Since 4 July, Brazilian law has switched off most tools of incumbency, even as Lula leads every poll three months...
July 9, 2026