Mercosur EU Trade Deal Day One: Tariffs Begin Falling on 5,000 Products
The Mercosur EU trade deal enters force May 1, cutting tariffs on 5,000 products. Brazil sends Singapore and EFTA pacts...
May 1, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Suzano Q1 2026 Profit Falls 32% as Strong Real Overwhelms Record Pulp Sales
Suzano (SUZB3) Q1 2026 net income fell 32% to R$4.3 billion as 10% BRL appreciation compressed earnings. EBITDA -6% on...
May 1, 2026
Brazil’s Financial Morning Call for Friday, May 1, 2026
Brazil's morning call covers the Ibovespa's +1.4% rebound to 187,318, Brent's reversal from $126 to $114, S&P 500 record above...
May 1, 2026
Pemex Taps Petrobras Expertise for Gulf of Mexico Exploration
Pemex Petrobras cooperation deal covers deep-water exploration, refining, and biodiesel. Sheinbaum plans May visit to Brazil. Technical teams meet May...
April 30, 2026
Brazil Correios Posts R$3.4 Billion Loss in First Quarter
The Correios loss hit R$3.4 billion in Q1 2026, nearly doubling from a year earlier. Fuel, personnel, and logistics expenses...
April 30, 2026
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, 2026
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