Brazil’s Margem Equatorial Could Rival Pre-Salt, Says BNDES Chief
Aloizio Mercadante, president of Brazil's national development bank BNDES, said geological studies and continental-shelf mapping indicate
May 18, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Brazil’s 4 Biggest Banks Raise Loan Provisions 33% to $8.9B
Brazil's four largest banks — Banco do Brasil (B3: BBAS3), Santander Brasil (B3: SANB11), Itaú Unibanco (B3: ITUB4), and Bradesco
May 18, 2026
Brazil’s Financial Morning Call for Monday, May 18, 2026
The S&P 500 fell 1.24% to 7,408.50, the Dow dropped 1.07% back below 50,000 to 49,526, and the Nasdaq declined...
May 18, 2026
GEB and Quebec Pension Giant Form Brazil’s 5th Power Player
Quebec pension manager La Caisse and Colombia's Grupo Energía Bogotá (GEB) signed a final agreement on May 15
May 15, 2026
Lula Offers Pemex a Brazil Offshore Deal as New CEO Takes Over
President Luiz Inácio Lula da Silva said on May 14 in Camaçari, Bahia, that Brazil wants to drill in deepwater...
May 15, 2026
Inside Rubens Ometto’s Empire: Q1 2026 Stress Test
Rubens Ometto, the 77-year-old industrialist known across Brazil as "O Trator" — "The Tractor" — and credited as the world's...
May 15, 2026
Nubank Q1 Profit +41% to $871M (R$4.4B), Misses Consensus
Nu Holdings (NYSE: NU / B3: ROXO34), the world's largest digital bank outside China and Latin America's most valuable financial-services
May 15, 2026
Brazil’s Financial Morning Call for Friday, May 15, 2026
The S&P 500 surged 0.77% to close above 7,500 for the first time in history, the Dow Jones retook 50,000...
May 15, 2026
Brazilian Police Arrest Banker Vorcaro’s Father in Crime-Ring Probe
Brazil's Federal Police arrested Henrique Vorcaro in Belo Horizonte May 14, executing 7 arrest and 17 search warrants tied to...
May 14, 2026