Mercado Libre to invest US$750 million in São Paulo, generating 5,000 jobs
São Paulo Governor João Doria on Monday, May 17, announced a partnership between the state government and Mercado Libre (MELI34)...
May 18, 2021Topic
Brazil economy
Profit of Brazilian giant Eletrobras grew by 31% in the first quarter
Brazil's state-owned Eletrobras, Latin America's largest electric power company, which is in the process of being privatized, reported Wednesday that...
May 12, 2021
Industrial production in Brazil fell 2.4% in March, says IBGE
The Brazilian industrial production registered a fall of 2.4 percent in March in comparison with the previous month, the Brazilian...
May 5, 2021
Corporate debt issuance to rise 70% in Brazil in 2021
RIO DE JANEIRO, BRAZIL - Brazil's domestic corporate debt issuance market is growing again after last year's collapse. It seems...
May 5, 2021
Agriculture and cattle ranching in Brazil posts highest job generation in Q1 since 2007
In the first quarter of 2021, the agriculture and cattle-raising sector generated a positive balance of 60,575 new jobs, the...
April 30, 2021
Singapore’s GIC leads US$55 million funding round in Brazil fintech Warren
Singapore’s sovereign wealth fund GIC is leading a R$300 million (US$54.95 million) funding round in Brazilian financial startup Warren, the...
April 28, 2021
Brazil’s GetNinjas startup partners with Banco Pan to offer account, insurance and credit
RIO DE JANEIRO, BRAZIL - GetNinjas, which is about to go public, has announced that it will offer its customers,...
April 24, 2021
Federal collection grows 18.5% in March and is a record for the month, says Brazil Revenue Service
The federal collection recorded real growth of 18.5% in March over the same month last year, totaling R$137.9 (US$24.6) billion.
April 20, 2021
Brazil expected to exceed spending ceiling by 2% of GDP this year, says Citi
Brazil is on track to breach its spending ceiling by 2% of Gross Domestic Product (GDP) this year, Citi economists...
April 20, 2021