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Business

Financial Heart Faria Lima Tops São Paulo’s Commercial Rent Increase

Faria Lima, known as São Paulo's financial epicenter, is seeing unprecedented hikes in commercial rent, significantly outperforming other city regions. A report by Cushman &...

Brazil’s Retail Sales Jump 2.5% in Start of 2024

January 2024 saw Brazilian retail sales climb 2.5% from the previous month. This rise marks a significant rebound since a 0.8% increase in September 2023. It echoes the growth observed in January 2023, also at...

Brazil’s B3 Trading Volume Rises Despite Challenges

In February, the B3, Brazil's stock exchange, experienced a significant trading volume increase of 15.7% from January, reaching an average daily volume of R$26.022...

Petrobras Secures Top Four Spot in Global Oil Profits for 2023

In 2023, Petrobras marked itself as the world’s fourth-highest-earning oil company, boasting profits of...

Brazil’s Finance Brands Dominate in Value Growth

In Brazil, financial sector brands have emerged as the most valuable, according to Kantar's BrandZ study. The biennial analysis evaluates...

Lula’s Call for Petrobras: Investment Over Dividends

Brazil's President Luiz Inácio Lula da Silva emphasized today the need for Petrobras to allocate more funds to investments than to shareholder dividends. During a...

Brazil Eyes Investment Growth in 2024 Amid Challenges

Brazil's investment outlook is improving for 2024, bouncing back from a 2023 slump despite structural challenges. The investment rate stood...

Surge in Brazil’s Vehicle Manufacturing Marks Industry High

In February, Brazil's vehicle sector saw a remarkable 24.3% increase in production from January, reaching 189.7 thousand units. This...

Brazil’s Trade Surplus Hits $5.447 Billion in February

Brazil's trade balance saw a surplus of $5.447 billion in February, according to data...

Brazil’s Prime Cities for Property Investments

In Brazil, property sales surged by 29.2% from January to November 2023, showing a robust...

Mubadala Could Challenge Brazil’s B3 Exchange

Brazil may soon see the launch of a new stock exchange, spearheaded by Mubadala Capital from Saudi Arabia, as...