Brazilian Homebuilder MRV Resia Sells Texas Assets for US$139M
Brazilian homebuilder MRV sold two Texas multifamily properties through its Resia unit for US$139 million, taking a book loss to...
July 29, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Mercosur Singapore FTA: Brazil Opens Zero-Tariff Asia Trade
Brazil ratifies the Mercosur-Singapore free trade deal, effective August 2026. It is the bloc's first FTA with an Asian economy,...
July 29, 2026
Nubank Targets Brazil’s Middle Class With New Croma Tier
Nubank Croma is a new mid-income tier costing US$7 a month, sitting between the classic card and Ultravioleta, with cashback...
July 29, 2026
Shell LNG Deal Overhaul Lifts Enel Chile Profit 11%
Enel Chile’s first-half net profit rose about 11% after a gas contract optimization with Shell lowered fuel costs and generated...
July 29, 2026
Colombia Battery Storage Auction Grows Capacity Tenfold
Colombia’s clean-energy auction awarded roughly 100 MW of battery storage, multiplying grid-scale capacity tenfold and reshaping a hydro-dependent.
July 29, 2026
Brazilians Spend Record US$12.6 Billion Abroad in H1 2026
Brazilian travelers spent a record US$12.6 billion overseas in the first half of 2026, widening the travel deficit as a...
July 29, 2026
Brazilian Radar Maker Omnisys Expands with US$23.4 Million Hub
Omnisys in São Bernardo do Campo becomes the Thales group's worldwide manufacturing and export center for air-traffic-control radars, multiplying.
July 29, 2026Mover Sells Motiva Stake to Bradesco BBI to Clear Debt
Grupo Mover sold its entire 14.86% stake in toll-road group Motiva to Bradesco BBI for more than R$5 billion, using...
July 29, 2026
Guyana-Suriname LNG Could Supply 12M Tonnes at US$6 Cost
Wood Mackenzie sees up to 12 mmtpa of competitive LNG from Guyana and Suriname in the 2030s, while SLB’s Latin...
July 29, 2026