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, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
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
Brazilian Planemaker Embraer Posts US$32.1 Billion Backlog as Finnair Picks E195-E2
US$32.1B backlog—up 22% YoY—as Finnair picks up to 46 E195-E2s. Q1 deliveries rose 47%. See what Embraer's sixth straight record...
April 28, 2026
Ibovespa Breaks Below 190K as Copom Decides Tonight
The Ibovespa fell 0.61% to 189,578.79, breaking below the 190,000 level for the first time in four days of declines....
April 28, 2026
Brazil’s Morning Call for Tuesday, April 28, 2026
Brazil's morning call covers Copom Day 1, Iran's Hormuz proposal, Vale Q1, Gerdau's R$2.96B EBITDA beat, and BoJ hold. Pre-market...
April 28, 2026
Banco Master Scandal Hits Ex-President and 3 Ex-Ministers
Tax documents show Banco Master paid R$65M to firms tied to ex-president Temer and three former ministers. Total flagged movements...
April 27, 2026