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Pátria Investimentos Has a New VC Strategy Through Igah Ventures
With Igah, Pátria announces a new venture capital strategy for investments at all stages
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Brazilian Hedge Fund Galapagos to Start US Fund in 2023, CIO Says
The company, which has about $2.8 billion under management, will hire four portfolio managers and two research strategists to be based in Miami
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Brazil’s PagSeguro Sees Revenues Rise 45% in Q3
The fintech saw revenues climb to 4 billion reais ($746.3 million) in third quarter, an increase it attributes to focusing on larger customers and cost control
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Which Latin American Currencies Have Best Stood Up to the US Dollar in 2022?
Of the region’s countries competing at the Qatar 2022 World Cup, the Uruguayan peso and the Brazilian real are the currencies that have had the best performance in the region this year
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São Paulo’s Rental Market Recovers As Companies Return to Offices
After two years with negative net absorption, the Brazilian financial capital’s rental market recovers as tech companies expand their presence
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/72H45TQIOJEY7HES5RJEHJAEFQ.jpg "Morgan Stanley Downgrades Brazilian Stocks, Sees Risk to Brazil’s Fiscal Stability")
Morgan Stanley Downgrades Brazilian Stocks, Sees Risk to Brazil’s Fiscal Stability
Brazilian stocks are trading at 6.8 times forward earnings, well below their ten-year historical average of 11.4 times, amid concern Lula will pursue fiscally profligate policies in Latin America’s largest economy
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/YII5DWKQRZEOPHXXBRT75E4BZY.jpeg "Which Latin American Countries and Sectors Offer the Greatest Inclusion for Employees?")
Which Latin American Countries and Sectors Offer the Greatest Inclusion for Employees?
In Latin America. the percentage of employees who feel totally included is higher than in the US, Europe and Australia
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:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/UTEXROPXR6WP7I7664G2CRT7I4.jpg "Doubts Over Lula’s Constitutional Reform Draft Changes Market View on Brazilian Assets")
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Lula’s Pledge to Stop Illegal Amazon Deforestation Wins Hero’s Welcome at COP27
Brazil’s president-elect is on his first international trip since beating President Jair Bolsonaro in elections last month
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Airbnb Unveils New Tools to Attract Hosts, Sees Strength of Latin American Market
In an interview with Bloomberg Línea, Airbnb’s co-founder Nathan Blecharczyk acknowledges the importance of the Brazilian and Mexican markets, with the company’s revenues in Latin America having grown by 33% in third quarter
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Gloomier Outlook for 2023 Would Shave $5 Trillion Off Global Income
Bloomberg Economics estimated the aggregate impact if everything goes wrong at the same time. Unsurprisingly, the results aren’t pretty; Turkey and Brazil show up as having the most to lose
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Nubank Exceeds Expectations With $7.8M Q3 Net Profit As Loan Portfolio Swells
The neobank, which has notched up more than 70.4 million clients in Latin America, saw defaults rise during third quarter
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