Business - Brazil

Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production line in Três Lagoas, Mato Grosso do Sul. Announced in...

Brazil's aviation sector is poised for a major transformation with the proposed merger between Azul and GOL Airlines. This strategic move could lead to a combined control of about 60% of domestic passenger traffic. In March...

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,...

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

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

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

The World Bank Group (WBG) pledges to invest $7 billion annually in Brazil's development...

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

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