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Business - Brazil

Carlos Slim’s $8 Billion Telecom Expansion in Brazil

Carlos Slim, the Mexican billionaire and founder of América Móvil, has committed $8 billion to reshape Brazil's telecom sector. This pledge occurred during a key...

Brazil on Its Way to Becoming a Global Leader in Sustainable Aviation Fuel

In Brazil's lush sugarcane fields, a sustainable revolution in aviation fuel production is rapidly gaining significant momentum. This movement positions Brazil to become a global leader in sustainable aviation fuel (SAF) production. The United States has...

Industrial Sector Shows Production and Job Increases in Brazil

On March 19, the National Confederation of Industry (CNI) released a survey showing a March increase in industrial production and continued job growth in...

Brazil’s Average Income Rises Significantly in 2023

In 2023, Brazil's average monthly household income per capita saw a notable increase of...

Brazil Eyes Argentine Gas Amid Regional Collaboration

Brazil plans to deepen its energy ties with Argentina, aiming to import three million cubic meters of natural gas...

Steady Rise in Brazil’s Economic Activity

February saw the fourth straight month of growth for the Brazilian Central Bank's Economic Activity Index (IBC-Br), a precursor to GDP. The index rose by...

The Brazilian Real Faces Steepest Depreciation Globally in April

April 2024 has been a challenging month for the Brazilian Real, which saw the sharpest depreciation globally against the...

Vale’s Production Dynamics in Early 2024

In the first quarter of 2024, Vale, a titan in Brazilian mining, unveiled a notable 6.1% growth in iron...

IMF Adjusts Economic Growth Predictions for Brazil and Major Global Economies

The International Monetary Fund (IMF) forecasts Brazil's economic growth will modestly increase to 2.2%...

Early 2024 Inflation Dynamics Across Latin America

In the first quarter of 2024, Latin America displayed a remarkably wide spectrum of varying...

Mercado Libre’s $4 Billion Brazilian Bet, Creating 6,500 Jobs

Mercado Libre, the titan of Latin American digital commerce, has unveiled a bold initiative to strengthen its Brazilian segment. With...