Business

UBS recently elevated Vale's rating from 'neutral' to 'buy,' signaling a brighter outlook for the mining heavyweight. Accordingly, they've increased the target price for Vale’s...

In early 2024, the B3 Stock Exchange in São Paulo underwent significant upheaval, marking one of its most challenging periods since 2010. The primary index, Ibovespa, declined by 6.16%, while the Ptax dollar rate climbed...

In Brazil, the hybrid car market is gaining momentum as electric vehicle (EV) sales slow down in multiple markets due to dwindling government incentives...

Brazil's mineral sector showcased a remarkable 25% revenue increase in the first quarter of...

In March 2024, Brazil's oil output slightly decreased by 2.7%, recording 3.356 million barrels daily. Despite this dip, production...

Roberto Campos Neto, President of the Central Bank of Brazil, emphasized on Friday that Brazil's economy still significantly depends on the US dollar. This statement...

The International Monetary Fund (IMF) has downgraded its fiscal projections for Brazil, predicting continued budget deficits until the end...

(Analysis) The Brazilian Real has significantly weakened since the beginning of the year, culminating in the dollar peaking at...

(Analysis) In Brazil, tensions between Congress and the Supreme Court (STF) are escalating, drawing...

In April, industrialists showed less confidence in the economy, marking a shift from the stable...

Brazil is overhauling how it taxes cryptocurrencies, with changes to be proposed in the National Congress. This new plan will...