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Tag: investors

RIO DE JANEIRO, BRAZIL - Brazilian President Jair Bolsonaro’s nominee to lead state-run oil company Petrobras said on Saturday, February 29th, the company needs to find “balance” in fuel pricing, considering the impact on shareholders, investors, sellers and consumers. Joaquim...
RIO DE JANEIRO, BRAZIL - Banco do Brasil posted an adjusted net income of R$3.695 billion (US$684 million) in the fourth quarter 2020, down 20.1% compared to the same period in 2019. Compared to the third quarter, there was...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Over the past few years, angel investments have grown significantly throughout the world, including in Brazil, where the volume of investments made by angel investors increased at least nine percent...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – International investors are still weary of investing in projects in Rio de Janeiro stated the state’s governor-elect, Wilson Witzel on Monday. According to Witzel, one of his goals after...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s main stock market, Bovespa, surged on Wednesday, after the announcement that Lava Jato (Carwash) judge, Sergio Moro, had accepted newly-elected president Jair Bolsonaro’s invitation to become the Minister...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian real registered another day of registered heightened volatility on Wednesday, with the U.S. dollar closing at its highest rate in almost two years. After surpassing the R$3.51/US$1...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Due to the risks associated with cyber transactions, crypto-currencies such as the popular Bitcoin, will not be accepted as a financial asset by investment funds, Brazil’s Securities and Exchange Commission...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s President, Michel Temer, urged investors on Monday not to let minor issues or news dissuade them from investing in the country. According to the President ‘institutional instabilities’ are temporary...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Wednesday registered another day of optimism in the Brazilian financial market, with the stock market rising and the U.S. dollar depreciating against the local currency once again. The Brazilian bourse...

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