Brazil’s Lula says GDP will grow 2% or more this year
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday his country’s economy will grow at least 2% this year, “maybe even more,” echoing upbeat forecasts…
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday his country’s economy will grow at least 2% this year, “maybe even more,” echoing upbeat forecasts…
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Azul on Tuesday launched exchange offers aimed at pushing forward bonds originally set to mature in 2024 and 2026, the latest…
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva, who left office with record popularity in 2010, is not doing so well in his new term, and his approval…
SAO PAULO (Reuters) – Brazilian travel operator CVC said on Friday it has reached an agreement with its founder for a 75 million reais ($15.13 million) investment in the company,…
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto expressed his opposition on Friday to the creation of a common currency, stating that in the era of digitalization it…
By Maria Carolina Marcello BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has suffered a major defeat over important legislation protecting the Amazon rainforest and the Indigenous people…
BRASILIA (Reuters) – Brazil’s supreme court voted on Wednesday to sentence former President Fernando Collor de Mello to 8 years and 10 months in prison on corruption and money laundering…
BRASILIA (Reuters) – Brazil’s newly introduced fiscal framework is stricter than they appear and will require a discussion of important spending cuts, Gabriel Galipolo, the executive secretary of the Finance…
SAO PAULO (Reuters) – Brazilian private equity firm Patria Investments Ltd raised 591.73 million reais ($118.27 million) in a secondary offering to sell shares in local gym chain SmartFit, a…
SAO PAULO (Reuters) – Brazilian financial technology firm PagSeguro Digital on Thursday posted a better-than-expected 6% increase in its first-quarter profit, which the company said was boosted by payment processing…
BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin America’s largest economy unchanged at…
BRASILIA (Reuters) – Brazil’s finance ministry forecast a primary budget deficit of 136.2 billion reais ($27.22 billion) this year, compared to 107.6 billion reais projected in March, according to its…
SAO PAULO (Reuters) – An investment firm backed by Brazil’s Moreira Salles family has decided to launch a tender offer to buy an additional stake in Alpargatas SA, the shoemaker…
HIROSHIMA, Japan (Reuters) – U.S. President Joe Biden aims to speak this weekend with Brazil’s President Luiz Inacio Lula da Silva and Indian Prime Minister Narendra Modi about Ukraine and…
SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that a change in the timeline for meeting the inflation target will be discussed with President Luiz Inacio…
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad on Thursday suggested that the country’s new government is looking at adjusting the timeline for achieving its inflation target. He said in…
SAO PAULO (Reuters) – Brazil retailer Americanas SA said on Thursday it will next week start to seek potential bidders for the acquisition of its Hortifruti Natural da Terra (HNT)…
SAO PAULO (Reuters) – Brazil’s antitrust regulator Cade on Wednesday recommended the approval of the sale of Natura & Co’s Aesop brand to French cosmetics company L’Oreal, according to the…
BRASILIA (Reuters) – Brazil’s economic ministers on Wednesday highlighted the potential for monetary easing to kick off, while the central bank continued to signal caution due to concerns over expectations…
SAO PAULO (Reuters) – Brazilian retailer Americanas SA, which filed for bankruptcy earlier this year after an accounting scandal, said on Monday it has started the market sounding process to…
By Roberto Samora and Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s largest meat company, on Thursday reported a net loss of 1.45 billion reais ($290.2 million) for…
By Andrea Shalal NIIGATA, Japan (Reuters) – Brazilian Finance Minister Fernando Haddad expressed serious concerns on Thursday that Argentina’s economic challenges and a major drought there could affect the country’s…
By Andre Romani SAO PAULO (Reuters) – Brazilian ride-hailing app 99 is planning to more than double the number of electric cars serving its passengers in Brazil in the next…
BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that he favored taking a long-term view of inflation and that the central bank could begin cutting interest rates.…
By Gabriel Araujo IRACEMAPOLIS, Brazil (Reuters) – Brazil’s ability to produce and sell hybrid cars that can run on 100% ethanol is a huge asset for its auto industry as…