Business - Brazil

Mercado Libre, the titan of Latin American digital commerce, has unveiled a bold initiative to strengthen its Brazilian segment. With an impressive investment of 19...

In 2023, Brazil successfully regained self-sufficiency in aluminum production, recording a significant 24% increase to reach 1.006 million tonnes. This achievement, outlined by the Brazilian Aluminum Association (Abal), marks the second consecutive year of growth,...

In March 2024, Brazil's soy and corn exports totaled 14.8 million tons, down 14.6% yet still the second-highest March on record. The Farming Ministry MAPA...

Brazil's automotive industry is undergoing a substantial transformation with anticipated investments hitting R$125 billion...

In February 2024, Brazil's service sector faced a slight downturn, recording a 0.9% decline from the previous month, according...

In March, Brazil witnessed its inflation rate decelerate significantly to 0.16%, marking a sharp decline from February's rate of 0.83%. This data, released by the...

Yesterday, Petrobras, the national oil giant of Brazil, announced a groundbreaking oil discovery in the deep waters of the...

On April 9, 2024, the Central Bank of Brazil's Focus report revealed forecasts of a rise in inflation for...

In 2023, South America significantly boosted its lithium production, with Chile, Argentina, and Brazil...

São Paulo-based Nubank is branching out into the international banking scene by launching a global...

In March 2024, Brazil's automotive industry witnessed a 3.2% month-over-month increase in vehicle production, reaching 195,751 units, a high...