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Business - Brazil

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...

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 the sector. Big and medium-sized companies increased their production last month....

Brazil’s Average Income Rises Significantly in 2023

In 2023, Brazil's average monthly household income per capita saw a notable increase of 11.5%, rising to R$1,848 ($352). This update, provided by the Brazilian...

Brazil Eyes Argentine Gas Amid Regional Collaboration

Brazil plans to deepen its energy ties with Argentina, aiming to import three million...

Petrobras Announces $73 Billion Boost for Oil Exploration and...

Brazil's state-controlled company, Petrobras, the largest enterprise in the nation, has announced a $73 billion investment plan. This substantial investment...

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 dollar. By April 16, the Real...

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% in 2024. This marks an adjustment...

U.S. Dollar Peaks Amid Brazil’s Fiscal Challenges

Amid geopolitical tensions, Brazil's fiscal challenges, and U.S. interest rate uncertainties, the dollar hit...

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...

Brazil’s Aluminum Industry Achieves Self-Sufficiency Amid Global Shifts

In 2023, Brazil successfully regained self-sufficiency in aluminum production, recording a significant 24% increase to reach 1.006 million tonnes. This...