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, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
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
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, 2026
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