Eletromidia Plans R$1 Billion Push to Digitize Ad Network
Brazilian out-of-home media company targets 150,000 digital screens and 100 million unique people within five years as it expands data-driven advertising
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Nothing Is Lost, Nothing Is Created, Everything Is Copied
A California jury found that Quince had copied UGG, then ruled in Quince’s favour. The case offers a useful yardstick for measuring what a design or idea is really worth.
CSN Selects China’s Huaxin for Cement Business Sale at R$12.7 Billion Valuation
Chinese group secures ten days of exclusive talks to finalize agreements as CSN advances the asset-sale program announced in January to reduce…
Nubank Grants David Vélez Stock Award Valued at $200 Million, Vesting Through 2036
The equity award replaces annual stock incentives scheduled for 2027 through 2031. Nubank says the 10-year vesting plan…
Vale’s Profit Plunges 53% as Rising Costs Expose Cracks in Mining Giant’s Performance
Despite resilient sales and stronger copper earnings, the Brazilian miner suffered a sharp decline in profitability.
Braskem’s Resin Spreads Plunge 43% Despite Stronger Sales in Brazil
Petrochemical producer reports higher domestic resin sales and a recovery in Mexican operations, but a sharp compression in…
Brava Takes Full Control of Papa-Terra Oil Field, but Arbitration Leaves Ownership at Risk
Brazilian oil producer completes the transfer of a disputed 37.5% stake, bringing its interest to 100%, although the…
Petrobras Makes Third Oil Discovery Off Amapá, Completes Drilling at Morpho Well
Brazilian oil giant identifies another oil-bearing interval in the Amazon offshore basin, strengthening the case for its Equatorial…
End of an Era: Casas Bahia Board Loses Its Last Klein Family Member
Raphael Klein’s resignation ends the founding family’s representation on the board as the Brazilian retailer undergoes a R$17.3…
Blue Chips
Hypera Pharma Profit Rises 15% as Weight-Loss Drug Launch Drives Revenue Growth
Brazilian drugmaker's new semaglutide product captures more than 11% of the injectable market in its first month, while…
Galapagos Capital and MDS Strike Partnership to Expand Insurance Distribution
The Ardonagh-owned insurance broker will handle technical and operational functions, while Galapagos will oversee client relationships and sales.
Wall Street Guru Says Brazil’s Market Rout Reflects Misplaced Bets on Bolsonaro
Mohamed El-Erian, former PIMCO CEO, says the scale of Brazil’s market selloff reflects investors’ excessive confidence in a…
Infrastructure
Azul Secures R$2 Billion in Government-Backed Financing to Cover Jet Fuel Costs
Credit facility backed by Brazil’s Export Guarantee Fund strengthens the airline’s liquidity following its financial restructuring, as elevated…
Exclusive: Globo and MGM Invested R$508 Million in BetMGM Before Brazil’s Betting Ban
The Globo-MGM joint venture handled R$5.1 billion in wagers but posted a R$330 million loss in its first…
BYD Accelerates Local Production in Brazil, Targets Car Exports in 2027
Chinese automaker nears completion of welding and painting facilities, aims for more than 50% local content and seeks…
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