Ambev's Q3 Net Profit Surges; Brazil Federal Police Target Pix Fraud Federal Police target Pix fraud, investigating R$813 million diversion with international cooperation. Ambev's Q3 net profit rose 36.4% to R$4.86 billion; revenue up 1.2%. Vale's Q3 net profit increased 11% to US$2.68 billion, exceeding projections. 2 million families left Bolsa Família due to improved income between January and October 2025. CloudWalk raised R$4.2 billion with FIDC Bela, the largest in its history. Total 1257 words · 6 mins read20 More Stories10 hours ago58
Ibovespa Reaches Record High; House Approves Property Value Update Bill Ibovespa hits record high, nearing 150,000; JPMorgan predicts 155,000 by year-end. House approves bill 458/21 to update property values, aiming to generate R$25 billion. Brazil's trade balance records US$1.767 billion surplus in October's fourth week; US$50.407 billion YTD. Axia Energia acquires Juno Participações for R$247 million, gaining full ownership of Três Irmãos plant. USTR investigates Pix, other Brazilian practices, potentially limiting bilateral trade under Section 301. Total 952 words · 4 mins read14 More StoriesYesterday, 10:24 AM53
Nubank surpasses Petrobras as Brazil's most valuable company; Ibovespa hits record high Nubank surpassed Petrobras as Brazil's most valuable company at US$77.3 billion. Ibovespa hit a record high after Lula-Trump meeting, signaling eased Brazil-US trade tensions. Brazil limits free baggage on domestic flights to 12kg carry-on, fees for checked baggage. Banco do Brasil will stop loans to farmers filing for bankruptcy protection due to defaults. Analyst: Trump uses tariffs as 'smokescreen' for resources, Brazil may be next target. Total 1002 words · 5 mins read18 More StoriesWed, 10:06 AM59
Dollar Falls After Lula-Trump Meeting; Equatorial Margin Exploration Could Add R$419B to Brazil's GDP Dollar falls to R$ 5.36 after Lula-Trump meeting amid tariff agreement hopes. Equatorial Margin exploration could add R$419B to Brazil's GDP, says Petrobras manager. Ex-Central Bank president Loyola warns of Brazil's growing fiscal risk and public account degradation. B3 receives R$931 million tax assessment from Federal Revenue regarding tax losses. Import tax causes 38% of consumers to abandon international sites, CNI reports. Total 1066 words · 5 mins read18 More StoriesTue, 10:03 AM43
Brazil-US Tariff Talks Delayed; US Tariffs Could Raise Embraer Plane Costs Brazil-US tariff suspension talks, following Lula-Trump call, were delayed to October 27. US tariffs could raise Embraer plane costs by $2 million each, president warns. Bill proposes 15% tax on agribusiness securities to correct tax distortion. Proposal: Minimum 17.5% tax rate for all Brazil financial institutions to equalize burden. Brazil returns R$2.3 billion to INSS retirees, victims of undue deductions. Total 1214 words · 5 mins read20 More StoriesMon, 9:53 AM36
Minas Gerais Approves Privatization Bill; Formula 1 Generates Over R$2 Billion for São Paulo Minas Gerais approved a bill removing referendum requirement for privatizing state-owned companies. Formula 1 generates over R$2 billion for São Paulo's economy, supporting 20,000+ jobs. Petrobras and Senai invest R$380M in oil and gas technology centers in Santa Catarina. Usiminas reports R$3.5B Q3 loss due to asset impairment and deferred tax assessments. Opportunity sees room for Brazil rate cuts despite global trends. Total 1152 words · 5 mins read19 More StoriesSun, 9:52 AM40
Brazil to Invest Oil Revenue in Energy Transition; EU and Mercosur to Ratify Trade Agreement Brazil will invest oil revenue in energy transition; Petrobras to fund renewable sources. EU and Mercosur to ratify trade agreement, creating a 700 million-person free trade zone. Brazil to block Bet da Caixa launch due to tax and public health concerns. IPCA-15 inflation slows to 0.18% in October 2025; 12-month rate at 4.94%. Petrobras signs R$8.3 billion contracts to resume refinery works, creating 30,000 jobs. Total 1168 words · 5 mins read18 More StoriesSat, 9:52 AM43
Brazil's Federal Revenue Hits 25-Year High; Lula Aims to Process Minerals Locally Brazil's September federal revenue reached a 25-year high, up 1.43% to R$216.727 billion. Lula aims to process minerals locally, promote local currency trade within BRICS. FGV estimates income tax reform could inject R$ 28 billion into Brazil's economy. US sanctions on Russian oil may restrict Brazil's diesel imports; Russia provides 15%. BNDES approves R$ 5.3 billion to aid companies hit by Trump's tariffs. Total 1074 words · 5 mins read19 More StoriesOct 24, 9:52 AM42
Brazil Commits to Zero Deficit in 2025, Surplus in 2026; Pix Leads Payment Methods with 77% Adoption Brazil reaffirms zero deficit goal for 2025, aims for surplus in 2026. Pix dominates Brazil's payment landscape with 77% adoption, surpassing cash and cards. Ambipar files for judicial recovery with R$10.7 billion debt; Citi estimates R$2B with banks. Brazilian banks use AI to simplify WhatsApp money transfers for users. Brazil's soy complex exports projected to reach US$55.26B in 2026, up US$5B from 2025. Total 1049 words · 5 mins read17 More StoriesOct 23, 9:52 AM62
Ambipar Files for Bankruptcy; Vale and Samarco Fined for Tax Deductions Ambipar filed for bankruptcy in Brazil and the US with R$ 10.48 billion debt. Vale, Samarco fined R$ 1.92 billion for tax deductions related to Mariana tragedy payments. Vale's iron ore production hits 94.4 Mt, highest since 2018, a 3.4 Mt increase. Petros announces agreement to resolve R$ 42 billion deficit in Petrobras pension plans. Neoenergia Brasília to increase electricity bills by 11.65% for 1.19 million consumers. Total 1080 words · 5 mins read20 More StoriesOct 22, 9:52 AM42