Airline Profits to Halve in 2026 as Fuel Costs Surge, IATA Warns
Airline profits will halve to $23bn in 2026 as jet fuel jumps nearly 70%, IATA warned at its annual meeting...
June 8, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Chile’s Biggest Retailer Bets on Hard-Discount Stores
Chile's largest retailer Cencosud opened its first Don Salva discount supermarket, betting on low prices as shoppers chase value.
June 7, 2026
World Cup Hiring Boom Lifts Mexico Tourism and Construction
Mexico's World Cup hiring boom is lifting tourism and construction jobs across the three host cities, days before the June...
June 5, 2026
iFood Says Hacker Exposed 1.2 Million Brazilians Names and Tax IDs
Latin America's largest food-delivery company has confirmed a data breach affecting more than a million customers — and is now...
June 5, 2026
Fitch Lifts Brazil 2026 Growth to 2.1%, Trims 2027 on Fiscal Fade
A stronger-than-expected start to the year has earned Latin America's largest economy a growth upgrade for 2026 — but Fitch...
June 5, 2026
Brazil Wins Guatemala Beef Access in New Farm Cooperation Deal
A modest-looking memorandum in Central America carries a concrete payoff for the world's largest beef exporter: a new market cleared...
June 5, 2026
Brazil Industrial Output Rises a Fourth Month on Oil and Mining
Brazil's factories are on their longest winning streak in over a year — but the gains are concentrated in commodities,...
June 5, 2026
Brazil Campos Oil Output Rises but Sits Near 25-Year Low
The basin that built Brazil's offshore oil industry is producing again — but a new analysis warns that years of...
June 5, 2026
Petrobras Tightens Grip on Brazil Chemicals Giant Braskem at June Vote
A corporate saga that began with the fall of Odebrecht is reaching its conclusion, handing Brazil's state oil company real...
June 4, 2026