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Business

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...

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 from 20% in 2020 to 43% in 2022, reaching 58%...

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 growth, fueled by iron ore, oil, and soybean exports, contributed...

Vale Confronts Major Legal Challenge in Dutch Court Over Mariana Tragedy

Vale is set to face a significant legal challenge in the Netherlands, linked to...

Financial Heart Faria Lima Tops São Paulo’s Commercial Rent...

Faria Lima, known as São Paulo's financial epicenter, is seeing unprecedented hikes in commercial rent, significantly outperforming other city...

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 as its earnings dipped from...

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 Janeiro, Belo Horizonte, and Porto...

Itaú Projects Stronger Brazilian Economy and Steeper Selic Rate

Itaú has improved its outlook for Brazil's economy and fiscal performance for the next...

Brazil Eyes Investment Growth in 2024 Amid Challenges

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

Surge in Brazil’s Vehicle Manufacturing Marks Industry High

In February, Brazil's vehicle sector saw a remarkable 24.3% increase in production from January, reaching 189.7 thousand units. This...