Starlink Prepares to Beam Phone Internet Directly to Brazil
Starlink's Direct to Cell isn't live in Brazil yet — no carrier deal signed. Here's what 1M+ subscribers should expect...
May 21, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Grupo Mateus Cuts 6,600 Jobs and Shuts 28 Stores to Save Margins
Grupo Mateus cut 6,600 jobs and closed 28 stores to protect margins as Brazil's consumer weakens. Inside the retail giant's...
May 21, 2026
Brazil Court Refuses to Halt Lula’s Energy Auction as Industry Cries Foul
A Brazilian court refused to halt Lula's energy auction as industry warns of R$800 billion in costs. Inside the billionaire...
May 21, 2026
Atlantic Nickel Bets $595 Million on Bahia Underground Mine
Atlantic Nickel will invest $595 million to take its Santa Rita mine underground in Bahia, extending its life past 30...
May 21, 2026
Brazil’s Financial Morning Call for Thursday, May 21, 2026
Brazil's morning call: oil's 5.6% collapse on Iran de-escalation lifted the Ibovespa 1.77% and pulled the real back below R$5.00....
May 21, 2026
Lula Signs Decrees Making Big Tech Liable Without a Court Order
Lula signed two decrees making platforms like Meta and Google liable for harmful content without a court order, enforcing a...
May 20, 2026
Gol Owner Abra Sees Brazilian Airfares Rising up to 20%
Abra, the holding that controls Gol and Colombia's Avianca, expects Brazilian airfares to rise as it passes through soaring jet-fuel...
May 20, 2026
The A.I. Metals Boom Could Lift Chile, Peru and Brazil’s Currencies
Barclays says the AI buildout will lift the currencies of metals-rich Chile, Peru and Brazil, while Citi calls metals the...
May 20, 2026
Brazil Fashion Giant Azzas 2154 Sinks 60% as Founder Feud Erupts
Azzas 2154, the Brazilian fashion giant loved by Hollywood stars, has lost 60% since its 2024 merger as a founder...
May 20, 2026