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Investors Bet on Revival of the Brazilian Real: Market Espresso
Money managers are taking advantage of discounted prices to take on more Brazil risk before the country’s assets are hit by volatility tied to next year’s presidential elections. Their top pick? The battered real.
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Brazilian Art Highlights from Art Basel Miami Beach
There were more than 10 galleries at the main fair showcasing Brazilian art.
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Brazil Slips Into Recession as Post-Pandemic Recovery Cut Short
Brazil’s economy fell into recession as extreme weather conditions, high interest rates and inflation cut short its recovery from the pandemic, dealing a blow to President Jair Bolsonaro just as he prepares for his re-election campaign.
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Petrobras Sees More Oil Field Sales Despite Election Turmoil
Petrobras is focusing on selling legacy oil fields on shore and in shallow waters where costs per barrel are higher than in ultra-deep waters, Chief Financial Officer Rodrigo Araujo Alves said in an interview on Bloomberg
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Brazil Unemployment Falls More Than Expected on Slow Recovery
Joblessness slid to 12.6% in the three months ending in September from 13.2% previously
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Buffett-Backed Nubank Tests LatAm’s Startup Bonanza With IPO
Venture capitalists are pouring money into Latin America’s startups like never before, minting new regional giants but raising questions about whether soaring valuations can hold as regional economies slow.
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Bolsonaro’s Foe in Covid Approach Will Run for Brazil Presidency
The governor of Brazil’s richest and most populous state was picked by the Brazilian Social Democracy Party as its candidate for next year’s election challenging President Jair Bolsonaro.
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Here Are Some of the Best Things To Do in São Paulo
Brazil’s largest city is famous for its restaurants, but the architecture and parks can offer great experiences for tourists and business travelers
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More News
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Dragoneer, General Atlantic Take Stakes in Brazil’s Arco
Dragoneer Investment Group and General Atlantic are investing $150 million in the publicly traded Brazilian education technology company Arco Platform Ltd.
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Why so Many Private Planes Crash in Brazil?
Getting on a private flight is never going to be as safe as on a commercial flight, but a few precautions can leave the math on the passenger's side
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Buffett-Backed StoneCo Sheds $22 Billion in Value Since Peaking
Brazilian payments firm StoneCo Ltd. plunged the most on record after disappointing results in the third quarter cast further doubt on the company’s recovery.
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China Buying More Brazil Soy in Sign of Shifting Trade Flows
The Asian nation needs soybeans to feed its expanding hog herds, and November is a prime time for the U.S. to sell its crops, having just finished the harvest.