Brazil Antitrust Probes Gol-Latam Airfare Price Collusion
Brazil's CADE antitrust authority opened a formal probe into Gol-Latam airfare collusion allegations Tuesday, with companies given 30 days to...
April 29, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Abra Accuses American Airlines of Plot to Control Brazil’s Azul
Abra, controller of Gol and Avianca, told Brazil's CADE that American Airlines' US$100M Azul investment is a coordinated control play...
April 29, 2026
Brazil’s Largest Water Utility Sabesp Splits Stock 1:5 as Foreign Funds Buy In
Sabesp shareholders approved a 1-for-5 split on April 28, cutting the share price to ~R$34. B3 ex-date April 29, new...
April 29, 2026
Brazil’s Morning Call for Wednesday, April 29, 2026
Brazil's morning call covers Copom decision, FOMC, IPCA-15 dovish surprise, Vale Q1 mixed, OpenAI shock, and UAE OPEC exit. Pre-market...
April 29, 2026
Vale Q1 2026 Profit Surges 36% as Base Metals EBITDA More Than Doubles
Vale earned $1.89B net income in Q1 2026—up 36% YoY—while base metals EBITDA surged 116% and nickel EBITDA soared 576%....
April 29, 2026
Brazil March Tax Revenue Hits 26-Year High at R$229B
Brazil's federal tax revenue reached R$229.2 billion in March 2026 — the highest March result on record, supporting Lula's 2026...
April 28, 2026
Brazil IPO Drought to End: Compass Plans R$25B B3 Listing
Cosan files to take Compass Gás public at R$25B—Brazil's first major IPO in 5+ years. What investors need to know...
April 28, 2026
Brazil’s Oil Auctions Get a New Home: The B3 Exchange
Brazil's ANP regulator proposes moving oil and gas exploration auctions to the B3 exchange from 2027 — a digital, market-based...
April 28, 2026
Brazil’s Big Banks Back Lula Debt Relief Plan
Brazil's 7 biggest banks back Desenrola 2.0, offering up to 90% off household debt with FGTS access. Official launch targeted...
April 28, 2026