Cogna Buys Out Educbank to Own the School-Fee Layer
Cogna raised its stake in school-payments fintech Educbank to ninety percent, pushing Brazil's largest education group into the money layer.
June 29, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Morocco Builds Africa’s Car and Battery Powerhouse
Morocco car industry now tops Africa with over 1 million vehicles yearly. Chinese firms pledge $700M in battery plants, with...
June 29, 2026
Braskem Wins a 60-Day Court Shield in Its $9.4 Billion Debt Fight
Braskem won a sixty-day court order pausing creditor seizures while it negotiates a nine-billion-dollar debt overhaul. Here is why it...
June 29, 2026
Lula Launches Cheaper Loans for Brazilians Who Pay on Time
Lula launches Desenrola Adimplentes, extending Brazil's debt program to on-time informal workers and aiming to halve the monthly credit rates...
June 29, 2026
Foreign Tourists Spent a Record US$4.8 Billion in Brazil This Year
Foreign tourist spending in Brazil hit a record 4.8 billion dollars in early 2026, up 11 percent even as visitor...
June 29, 2026
Domino’s Brazil Goes 100% Franchised as High Rates Bite
Domino's Brazil transfers its last 22 company-owned stores to franchisees amid 14.25% Selic rates, targeting 370 locations and R$750M revenue...
June 29, 2026
Court Suspends Oi’s US$870M V.tal Stake Sale to BTG Funds
A Rio appeals court suspended Oi's sale of its V.tal fiber stake to BTG Pactual funds, ruling the price sat...
June 29, 2026
Mexico Exports Surge 22.6% but the Car Engine Stalls
Mexico exports rose 22.6 percent in the first five months of 2026 to 317 billion dollars, but auto shipments fell...
June 28, 2026
Brazil Mining Regulator Chief Indicted Over Iron Ore Scheme
Brazil mining regulator ANM chief Mauro Sousa indicted June 27 for feeding firms insider data in a 51-person iron ore...
June 28, 2026