Financial market forecasts Brazil’s GDP at 5.18% and inflation at 6.7% – FOCUS survey
The financial institutions consulted by the Central Bank (BC) have again raised the forecast for the growth of the Brazilian...
July 5, 2021Topic
Brazil economy
45% of Brazilians oppose proposal to tax profits and dividends – survey
RIO DE JANEIRO, BRAZIL - The Minister of Economy, Paulo Guedes, submitted the second part of the tax reform to...
July 3, 2021
Foreigners invest US$9.6 billion in Brazil’s stock market through June, highest amount since 1994
The first half of 2021, full of positive surprises for the Brazilian economy, brought a record balance of foreign investment...
July 3, 2021
Brazil’s largest road logistics company JSL proposes merger with competitor Tegma
Simpar (SIMH3) said Friday (2) morning that its subsidiary JSL (JSLG3), Brazil's largest road logistics company, has filed a business...
July 2, 2021
Brazil’s weekly consumer price index increases in 5 of 7 capitals at end of June -FGV
The acceleration of inflation, measured by the IPC-S, to 0.64% at the end of June, from 0.57% at the immediately...
July 2, 2021
SoftBank invests US$200 million In Brazil’s largest crypto exchange
Japan's SoftBank Group has invested us$200 million in Mercado Bitcoin, one of the largest cryptocurrency exchanges in Latin America, said...
July 1, 2021
Petrobras should receive US$2.2 billion from sale of remaining 37.5% of former subsidiary
Brazilian oil company Petrobras will receive about R$11.356 billion (US$2.271 billion) for 37.5% of its remaining shares in BR Distribuidora,...
June 30, 2021
Brazilian fintech Zoop receives US$34 million from Movile to expand operations
RIO DE JANEIRO, BRAZIL - Zoop, a payment methods and financial services technology company, announced Wednesday that it has received...
June 30, 2021
Brazil’s Porto Seguro completes agreement to acquire 13.5% stake in Petlove
Porto Seguro said that after meeting all conditions precedent, including Cade's approval, it has finalized the agreement with Petlove and...
June 29, 2021