Brazil’s Financial Morning Call for Friday, May 22, 2026
The peace trade got complicated. A day after oil's collapse rescued global risk, Iran's supreme leader directed that the country's...
May 22, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Acelen Secures $1.5B From Mubadala for Its Bahia Biorefinery
Acelen Renováveis secured $1.5 billion to build a Bahia biorefinery making sustainable aviation fuel and renewable diesel from 2029, backed...
May 21, 2026
Energisa Sells $275M in Power-Grid Assets to Taesa
Energisa sold five transmission assets to Taesa for R$1.5 billion ($275M), cutting debt as Brazil's power utilities accelerate capital recycling.
May 21, 2026
Brazil’s First Power Trader Tradener Files for Bankruptcy
Tradener, Brazil's pioneering power trader, filed for bankruptcy with R$1.69 billion in debt, exposing distress across the free electricity market.
May 21, 2026
Stellantis Unveils $69.5B Plan, Bets on Brazil and Argentina
Stellantis unveiled a 60 billion euro five-year plan, betting on its Brazil and Argentina leadership with a pickup offensive as...
May 21, 2026
Brazil Domestic Air Travel Hits Record 33.7M in Early 2026
Brazil's domestic air travel hit a record 33.7 million passengers in early 2026, the highest in Anac's series, as tourism...
May 21, 2026
Meta Cuts 8,000 Jobs as Layoffs Reach Its Brazil Operation
Meta began cutting 8,000 jobs worldwide to fund its AI buildout, and the layoffs reached its Brazil operation in tech,...
May 21, 2026
Vale and BNDES Launch Critical Minerals Fund Raise in Brazil
A Vale and BNDES-anchored critical minerals fund began raising up to R$1 billion for Brazilian rare earths, nickel and lithium,...
May 21, 2026
Andrade Gutierrez Files Second Debt Restructuring in Three Years
Builder Andrade Gutierrez filed a second debt restructuring in three years covering R$11.6 billion, as high rates and stalled projects...
May 21, 2026