Lula Takes Brazil’s Case to the G7 as US Trade Pressure Bites
At the G7 summit in France, Brazil's Lula cast himself as the voice of the Global South, attacking inequality while...
June 17, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Brazil’s State Bank BNDES Builds a Fund to Pull Foreign Money Into Startups
Brazil's development bank BNDES launched a R$250m venture fund to bridge startups to growth capital and draw foreign money as...
June 17, 2026
Embraer’s Order Book Hits a Record as the World Buys Its Jets
Brazil's Embraer reported a record 32-billion-dollar order backlog as airlines and air forces worldwide rush to buy its regional jets...
June 17, 2026
A Brazilian Fintech IPO Reopens a Long-Shut Window on Wall Street
PicPay's Nasdaq debut was the first major Brazilian fintech listing since Nubank in 2021, reopening a tech-IPO window that had...
June 17, 2026
The World’s Biggest Meat Company Finally Lists in New York
JBS, the world's largest meat company, began trading in New York in June, ending a decade-long push shadowed by corruption...
June 17, 2026
Brazil Fines Apple, Google and Game Makers $59 Million Over Loot Boxes
A Brazilian court fined Apple, Google, Sony, Nintendo and other game makers R$298m over loot boxes sold to children, the...
June 17, 2026
A Fund Just Took a Fifth of Brazil’s Newly Privatized Water Giant Copasa
Brazilian fund Perfin lifted its stake in newly privatized water utility Copasa to 20%, becoming the second-largest holder behind control...
June 17, 2026
Johann Rupert’s Remgro Wins Control of South Africa’s Mediclinic Hospitals
South Africa's Competition Tribunal has cleared the Remgro Mediclinic deal, handing Johann Rupert's group full control of 50 private hospitals.
June 17, 2026
Cameroon Lines Up $957 Million for Its Kribi Refinery and Fuel Terminal
The Kribi refinery in Cameroon has its $957 million financing finalized, the country's bid to cut fuel imports, with first...
June 17, 2026