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Cosan Considers Strategic Partner for Raízen to Bolster Capital Structure
CEO Marcelo Martins says partnership could help reduce debt and strengthen financial position
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Banco do Brasil Profit Slump Divides Analysts on BBAS3 Buying Opportunity
60% quarterly earnings drop prompts forecast cuts and caution, while some see attractive valuations
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IRB(Re) Profit Surges 120% in Q2 to BRL 143.6 Million
In the life segment, the turnaround was stark: a BRL 5 million profit versus a BRL 54 million loss a year earlier
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Dasa’s Loss Jumps 74% to R$175.6 Million in Q2
The diagnostic medicine unit was the only segment to grow, with revenue up 6% year-over-year to R$2.1 billion
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Azul Swings to Q2 Profit on Revenue Growth and Currency Gains
Brazilian airline posts R$1.47 billion net income, boosted by stronger real and lower foreign currency debt
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JHSF profit jumps 46% in Q2 to $246 million
Revenue climbs 25% and Ebitda surges, driven by diversified high-end assets and expansion plans
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Gol Narrows Q2 Loss by 60.8% to BRL 1.53 Billion
Net revenue rose 22.9% to BRL 4.83 billion from BRL 3.93 billion a year earlier
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Raízen shares tumble on $350 million loss, raising capital increase concerns
Net debt climbed sharply to 49 billion reais from 34 billion reais in the previous quarter, driven by heavy cash consumption
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BRF Posts $735 Million Profit in Q2, Down 33% From a Year Earlier
Net revenue rose 2.9% from the prior year to 15.37 billion reais, exceeding projections
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The Thread That Broke
Europe’s ultra-luxury textile mills were the pride of the continent’s industry in the 19th century. Today, they must survive a perfect storm.
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Embraer Delivers First A-29 Super Tucanos to Uruguay
Defense unit hands over two aircraft under a 2024 contract that includes mission systems, logistics support and a flight simulator.
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Lula Expands India Trip With Pharma Fast-Track and Defense Push
AI governance talks overlap with regulatory accords and Embraer’s bid for multibillion-dollar Indian Air Force contract.