Business - Brazil

The Brazilian government has introduced a 25% surcharge on steel imports that surpass established quotas. This measure aims to protect its domestic steel industry from...

Brazilian companies are actively transforming the business environment with a series of bold steps. WEG infused R$1 billion (approximately $194 million) into its funds, boosting its total assets to R$7.504 billion (around $1.457 billion). This move...

In early 2024, the bustling Port of Santos in southeast Brazil, not only the largest in Latin America but also a vital hub for...

In a compelling press briefing this Tuesday, President Luiz Inácio Lula da Silva openly...

Usiminas, a major player on Brazil's Ibovespa stock index, saw a sharp 10% drop in its shares after releasing...

In 2023, Brazil recorded its highest oil reserves since 2015, achieving 15.9 billion barrels. This 7% increase over last year is significant. It marks the...

On Friday, the Petrobras Board of Directors proposed releasing 50% of their extraordinary dividends, which amounted to R$43.9 billion...

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

In Brazil's lush sugarcane fields, a sustainable revolution in aviation fuel production is rapidly...

In 2023, Brazil's average monthly household income per capita saw a notable increase of 11.5%,...

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