Banco Inter Co-Founder Donated US$38,850 to Brazil’s PT Chief
A Banco Inter co-founder gave R$200,000, about US$38,850, to the PT president's campaign, and twice as much to a rival...
September 16, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Colombia Grants Revolut a Banking License as 200,000 Await
Colombia's regulator cleared Revolut to operate as a bank. The company plans to invest about US$128.7 million, and 200,000 Colombians...
September 16, 2026
Venezuela: Maduro Frontman Alex Saab Pleads Guilty in Miami
Alex Saab, long described as a frontman for Nicolas Maduro, pleaded guilty in Miami and must forfeit US$195 million taken...
September 16, 2026
Colombia’s Ecopetrol Overhauls Board With Government-Backed Slate
Shareholders replaced six of Ecopetrol's nine board seats with a government-backed slate, a day after the acting president quit over...
September 16, 2026
Banco do Brasil Shares Stay Under Pressure After BofA Sell Call
Key Facts — What happened. Bank of America (BofA) reaffirmed its sell rating on Banco do Brasil (BBAS3), cutting the...
September 15, 2026
Mexico Edges Closer to Investment-Grade Risk in 2027 Budget
Key Facts — What happened. Analysts say Mexico’s newly delivered 2027 Paquete Económico (economic budget package) leaves little room before...
September 15, 2026
Venezuela: US Blocks Delcy Rodríguez’s Citgo Board Bid
VENEZUELA · CITGO Key Facts — What happened. Treasury blocked Rodríguez’s move to replace Citgo’s opposition-appointed board this month. —...
September 15, 2026
Itaú Unibanco Consolidates European Banking Hub in Luxembourg
Key Facts — What happened. Itaú Unibanco is moving its main European Union (EU) banking license from Portugal to Luxembourg....
September 15, 2026
Brazil’s Cade Approves Claro’s Purchase of Broadband Provider Desktop
Key Facts — What happened. Brazil's antitrust regulator, Cade, cleared Claro's purchase of broadband provider Desktop without conditions. — How...
September 15, 2026