Brazil’s Financial Morning Call for Thursday, April 30, 2026
Brazil's morning call covers the Copom cut to 14.50%, Ibovespa's Kijun break below 185K, Brent surging past $126, and Powell's...
April 30, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Russia Caps Fertilizer Exports, Threatening Brazil’s Harvest
Russia's 20M-tonne export quota threatens Brazil, which sources 32.2% of its fertilizers from Moscow. Here's what the supply shock means...
April 29, 2026
Brazil’s WEG Disappoints Again as Q1 Profit Falls 6% on Solar Collapse and Strong Real
WEG earned R$1.46B net income in Q1 2026—down 5.7% YoY, missing consensus by 7%—as domestic revenue collapsed 19.5% on solar...
April 29, 2026
Santander Brasil Q1 Profit Falls Below Forecasts on Weaker Margins and Treasury Losses
Santander Brasil posted R$3.78B net income in Q1 2026—8.5% below consensus—as treasury losses dragged ROE to 16%, far short of...
April 29, 2026
Turkish Yildirim’s $400M Bid Targets China’s Brazil Nickel Deal
Robert Yuksel Yildirim's group raised its all-cash bid for Anglo American's Brazilian nickel business to $400 million, challenging China's MMG...
April 29, 2026
Petrobras CEO Sees Oil Falling to $70 by Year End
Petrobras CEO Magda Chambriard forecasts oil falling to US$70 per barrel by year-end 2026 — despite Brent currently above US$110...
April 29, 2026
Global Forest Loss Drops 36% in 2025 as Brazil Leads Decline
Global tropical forest loss fell 36% in 2025 led by Brazil's 42% Amazon deforestation reduction, per WRI/UMD data — but...
April 29, 2026
Cargill’s Brazil Operations Swing to US$340M Profit
Cargill Brazil swung to R$1.7B net profit (~US$340M) in 2025, reversing a R$1.7B loss. Revenue up 8%, volumes hit 49M+...
April 29, 2026
Banco Master Collapse Costs Brazil’s FGC Deposit Fund $11B
Brazil's FGC deposit insurance fund faces R$57.4 billion in total costs from Banco Master collapse, with R$2.9B still owed to...
April 29, 2026