Squadra Lifts Its Stake in Brazil’s Multiplan to 5%
Squadra lifts its Multiplan stake to 5.01%, crossing Brazil's public disclosure threshold. The passive filing signals a bet on organic...
July 16, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Brazilian Utility Eneva Starts a $1.2 Billion Gas Hub
Brazilian power company Eneva begins R$6 billion (US$1.16B) gas-fired thermal and LNG pier works at its Pecém complex in August,...
July 16, 2026
Brazil’s Cosan Cuts Its Loss as Rumo Doubles Its Profit
Cosan narrows loss by 56% in Q4 2025 as net debt drops 46% to R$9.8B and rail operator Rumo doubles...
July 16, 2026
Brazilian Airline GOL Launches a Rio–New York Route
Brazilian low-cost airline GOL launches its first long-haul route with a nonstop Rio de Janeiro–New York flight, restoring the first...
July 16, 2026
Mercado Livre Opens a São Paulo Logistics Hub in August
Mercado Livre's São Bernardo logistics center launches partial ops this month, creating 1,300 direct jobs as part of a record...
July 16, 2026
Nubank Puts Its Brazil Chief in Charge of All Latin America
Livia Chanes now leads all Latin America operations as Nubank consolidates leadership. The move follows a Pix outage that locked...
July 16, 2026
Brazilian Petrochemical Maker Braskem Wins a Citi Upgrade
Citi lifts Braskem's price target but keeps a high-risk rating amid a $9.4B debt plan and a R$4.3B energy-cost project...
July 16, 2026
Brazilian Education Group Ânima Sinks 32% After FMU Buyback
Brazilian private education group Anima Educação sees shares plunge 32% after confirming its R$410 million (about US$73 million) FMU acquisition.
July 16, 2026
Brazil’s Oncoclínicas Gets a $90 Million IG4 Rescue Offer
IG4 Capital offers R$500M (US$99M) in convertible debentures to rescue Oncoclínicas as the cancer-care chain restructures R$5.1B in debt with...
July 16, 2026