Vale Q2 Profit Falls 35% to US$1.37 Billion
Vale's Q2 profit fell 35% to US$1.37 billion on a derivatives swing, even as copper and nickel surged; it approved...
July 31, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
BNDES Airline Credit: US$1.5bn Lifeline for Carriers
BNDES airline credit unlocks R$8 billion (~US$1.48B) for Azul, Gol, and Latam through 2026. See the 60-month loan terms and...
July 31, 2026
EcoRodovias Q2 Profit Falls 74% on Contract End
EcoRodovias Q2 profit fell about 74% to R$52.9 million as the Brazilian toll-road operator was hit by an ended contract,...
July 31, 2026
Santander Brasil Buyout Offers 15% Premium in Share Swap
Spain's Santander launched a voluntary share swap for the ~10% of Santander Brasil it does not own, at a 15%...
July 31, 2026
MD Capital Wins Bid for Portugal’s Brazil Bank
MD Capital, founded by ex-Bradesco veterans, won Portugal's tender to buy Caixa Geral de Depositos' Brazilian bank, ending a nine-year...
July 31, 2026
Hidroituango Mega-Dam Hits Key Milestone and First Profits
Colombia's Hidroituango dam finished its main Almenara structure about 18 days early and posted its first-ever profits as manager Alejandro...
July 31, 2026
De Beers Set to Sell for US$1 Billion, a Tenth of 2011 Value
Anglo American is in talks to sell the world's best-known diamond company for about US$1 billion, against the US$12.75 billion...
July 31, 2026
Brazil’s June Tax Take Hits US$52.3 Billion, Strongest Since 2000
Brazil's federal tax take reached R$264.437 billion (~US$52.3 billion) in June, the Receita Federal reported on 30 July — a...
July 30, 2026
Brazil Unemployment Falls to Record 5.4% as Incomes Slip
Brazil's unemployment rate fell to 5.4% in the second quarter of 2026, the lowest figure ever recorded for a second...
July 30, 2026