Brava Board Backs Ecopetrol’s US$534M Takeover Bid
Brava Energia’s board recommends shareholders accept Ecopetrol’s tender offer ahead of the August 5 auction. See why the non-binding OPA...
July 25, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Celsia Builds 260 MW of Solar Across Colombia
Celsia is constructing 260 MW of Colombia solar energy with 17 farms and 650,000 panels, investing over US$255.6 million and...
July 25, 2026
Namibia Air Eyes $33M Embraer Fleet of 7 Regional Jets
Namibia Air reportedly plans to acquire four ERJ 145s and three E170/E175 jets for about US$33 million, though the deal...
July 25, 2026
China Beef Surcharge Looms as Brazil Nears Quota Limit
Iguatemi Beef and JBS are slowing slaughter in Mato Grosso do Sul as Brazil nears its 2026 beef export quota...
July 25, 2026
Desenrola 2.0: Brazil’s Banco do Brasil Settles $1.86 Billion
Banco do Brasil has renegotiated R$10.4 billion (US$1.86 billion) in overdue debt under Brazil's Novo Desenrola (Desenrola 2.0) program since...
July 25, 2026
Petrobras Explores Floating Nuclear SMRs for Offshore Rigs
Petrobras launches a 36-month feasibility study on floating nuclear SMRs for offshore platforms, exploring a cleaner alternative to natural gas...
July 25, 2026
Petrobras Bets US$11bn on Sergipe to Build a Northeast Gas Hub
Petrobras is investing R$60bn in its Sergipe SEAP project to build a Northeast gas hub, lifting the region's share of...
July 25, 2026
Paraguay Escapes US Tariffs as 60 Nations Face New Duties
Paraguay was not included in a new US tariff round targeting about 60 trading partners with duties of 10% to...
July 25, 2026
Goldman Sachs Cuts Argentina 2026 Growth Forecast
Goldman Sachs cut its Argentina 2026 GDP growth forecast to 2.7% from 3.0%, citing weaker April and May activity data...
July 25, 2026