Brazil Q2 Earnings: Fleury Profit Jumps 46%; Energisa Swings to Loss
Brazil Q2 earnings split sharply as Fleury's profit jumped 46%, Wiz and PetroReconcavo weakened, and Energisa swung to a US$8...
August 7, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Eztec Q2 Profit Falls 21% to US$22M; Launches Jump 58%
Eztec Q2 profit fell 21% to US$22 million as revenue weakened, but launches rose 58% and the developer approved a...
August 7, 2026
Alupar Q2 IFRS Profit Near Triples to US$82M; Regulatory Profit Falls
Alupar Q2 IFRS profit rose 188% to US$82 million, but regulatory profit fell 14.6% as debt costs offset stronger transmission...
August 7, 2026
ALLOS Q2 Attributable Profit Jumps 53% to US$60M
ALLOS Q2 attributable profit rose 53% to US$60 million as services expanded, mall sales grew and leverage held at 1.7...
August 7, 2026
Magazine Luiza Posts US$14M Q2 Loss as Online Sales Fall 12%
Magazine Luiza posted a US$14 million Q2 loss as e-commerce fell 11.9%, despite 10.3% physical-store growth and an 8.0% EBITDA...
August 7, 2026
Assaí Q2 Recurring Profit Up 94% to US$67M; Leverage Falls
Assaí Q2 recurring profit rose 94% to US$67 million as leverage fell to 2.37 times, though weak sales and flat...
August 7, 2026
Half of Brazil’s Municipalities No Longer Have a Bank Branch
Brazil bank branches have fallen 42% since 2015, and 2,649 municipalities - 48% of the country - now have no...
August 7, 2026
Argentina’s Foreign Land Cap Stays at 15% as the 25% Chapter Comes Out
Argentina land law: the 25% foreign ownership chapter was dropped before the Senate vote, so the 15% cap under Ley...
August 7, 2026
Liberty Latin America Signs 10-Year AI Operations Deal With Amdocs
The Liberty Latin America Amdocs deal transfers regional IT management to an AI-driven model for 10 years; its price was...
August 7, 2026