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Business

Brazil’s Jobless Rate at 7.8%, Wages Up

Brazil's jobless rate slightly rose to 7.8% by February, a small climb from November but an improvement from last year. This figure met expert...

Falling Prices, Rising Costs Hit Brazil’s Soybean Industry

In Brazil, a leading producer of soybeans, the upcoming 2023/24 season is poised to present significant challenges for farmers, diverging from the positive trends of recent years. DATAGRO Grains warns falling prices may lead to...

Surge in Foreign Investment in Brazilian Firms

In 2023, Brazilian companies experienced a surge in foreign investment, with M&A deals involving 47% foreign participation, a decade high. This rate has steadily grown...

Brazil Sees Major Export Growth to China in 2024

In the first two months of 2024, Brazil's exports to China surged by 49.1%. This...

Vale Confronts Major Legal Challenge in Dutch Court Over...

Vale is set to face a significant legal challenge in the Netherlands, linked to the catastrophic 2015 Mariana dam...

Brazil’s B3 Trading Volume Rises Despite Challenges

In February, the B3, Brazil's stock exchange, experienced a significant trading volume increase of 15.7% from January, reaching an average daily volume of R$26.022...

Petrobras Secures Top Four Spot in Global Oil Profits for 2023

In 2023, Petrobras marked itself as the world’s fourth-highest-earning oil company, boasting profits of $24.9 billion. This achievement came even...

Brazil’s Finance Brands Dominate in Value Growth

In Brazil, financial sector brands have emerged as the most valuable, according to Kantar's BrandZ study. The biennial analysis evaluates...

2024 Sees Rental Cost Decline in Brazil’s Major Cities

A QuintoAndar/Imovelweb study reports rental price reductions in cities like São Paulo, Rio de...

Lula’s Call for Petrobras: Investment Over Dividends

Brazil's President Luiz Inácio Lula da Silva emphasized today the need for Petrobras to allocate...

Brazil Eyes Investment Growth in 2024 Amid Challenges

Brazil's investment outlook is improving for 2024, bouncing back from a 2023 slump despite structural challenges. The investment rate stood...