RT Staff Reporters
The Rio Times staff is a network of freelance journalists and bloggers from around the world who inform us about news from their regions and specific topics. This information is collected, reviewed and processed in our newsroom.
General Strike Shuts Down Argentina’s Transportation and Services
On Thursday, the General Confederation of Labor (CGT) initiated a 24-hour nationwide strike against President Javier Milei's government.
The expected action will likely cause severe...
U.S. Dollar Climbs Ahead of Brazil’s Interest Rate Decision
As investors seek protection ahead of Brazil's Monetary Policy Committee (COPOM) meeting, the U.S. dollar rose on Wednesday.
Market expectations lean towards a reduction in...
Canoas Air Base Opens for Commercial Flights Amid Rio Grande do Sul Floods
In response to the severe flooding that impacted Rio Grande do Sul, the Brazilian Air Force (FAB) announced that the Canoas Air Base, near...
BRF Achieves Historic Q1 Performance, Shares Surge 11%
In the first quarter of 2024, BRF (BRFS3) achieved a historic turnaround, reporting exceptional results that exceeded analyst expectations and lifted investor sentiment.
The company...
Latam-Delta Alliance Sees 43% Increase Between Brazil and U.S.
In the first quarter of 2024, passenger traffic between Brazil and the U.S. grew significantly.
Latam and Delta Air Lines, in their joint venture that...
Retail Giant Carrefour Marks Stellar First Quarter
In a remarkable turnaround, Carrefour, the retail behemoth that includes Atacadão and Sam's Club, soared to a net profit of R$ 39 million ($7.65...
JSL’s Strategic Momentum in the Logistics Sector
In the bustling world of logistics, JSL (JSLG3) emerges as a paragon of growth and efficiency.
The first quarter of 2024 marked a significant milestone...
Auren’s Strategic Triumph in a Turbulent Market
Auren, a beacon in renewable energy, unveiled a notable 10% surge in first-quarter profits, reaching R$ 253.6 million ($49.7 million).
This uplift was fueled by...
Wednesday’s Morning Call: Market Braces for Key Rate Decision
As the sun rises over Brazil this Wednesday, the nation's financial community anxiously awaits the Central Bank's announcement.
The Committee for Monetary Policy (Copom) is...
UBS Optimistic on Vale with Upgrade to ‘Buy’
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...
Oil Prices Fall Amid Middle East Tensions and Strengthening Dollar
This Tuesday saw a subtle downturn in oil prices, driven by a robust U.S. dollar and escalating tensions in the Middle East, specifically due...
Ibovespa Gains Amid Strong Results from Itaú and Vale
On the first day of Copom meetings, the Ibovespa closed up 0.58% at 129,210 points, despite mixed results from New York's markets.
The commercial dollar...
Brazilian Real Holds Steady as Investors Eye Central Bank Decision
As the Brazilian real remained nearly unchanged for two consecutive sessions, investors closely monitored the Central Bank of Brazil's upcoming decision on the selic...
Brazilian Junior Oils: Strong Operations Amid Global Instability
Analysts anticipate a positive first quarter in 2024 for junior oil companies, despite ongoing volatility.
The rising price of Brent crude oil, spurred by escalating...