No menu items!

Business

Brazilian Steel Struggles Amid Import Surge

The Brazilian steel industry has witnessed notable shifts in early 2024, with crude steel production increasing by 6.2% in the first quarter, reaching 8.3...

Brazil’s Industrial Confidence Wanes in April

In April, industrialists showed less confidence in the economy, marking a shift from the stable sentiment observed in March. The National Confederation of Industry's (CNI) recent survey reveals the Industrial Entrepreneur Confidence Index (Icei) fell...

Brazil Sets New Course in Cryptocurrency Taxation

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

Brazil Faces Sharp Decline in March Trade Surplus

In March, Brazil experienced a notable 30.4% reduction in its trade surplus from February,...

Global Capital Dominates Brazilian Tech M&A Landscape in 2023

In 2023, the Brazilian technology sector witnessed a significant influx of foreign investment in mergers and acquisitions (M&As). International companies...

Falling Prices, Rising Costs Hit Brazil’s Soybean Industry

In Brazil, a leading producer of soybeans, the upcoming 2023/24 season is poised to present significant challenges for farmers, diverging from the positive trends...

Surge in Foreign Investment in Brazilian Firms

In 2023, Brazilian companies experienced a surge in foreign investment, with M&A deals involving 47% foreign participation, a decade...

Brazil Sees Major Export Growth to China in 2024

In the first two months of 2024, Brazil's exports to China surged by 49.1%. This growth, fueled by iron ore,...

Vale Confronts Major Legal Challenge in Dutch Court Over Mariana Tragedy

Vale is set to face a significant legal challenge in the Netherlands, linked to...

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...

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...