Brazil - TheIndianSubcontinent

Brazil’s supermarket sector, according to the Brazilian Supermarket Association (ABRAS), generated R$1.067 trillion ($180 billion) in revenue in 2024, equal to 9.12% of the country’s GDP.

This figure includes all store formats, from wholesale clubs and minimarkets to e-commerce, convenience stores, and fresh produce outlets.

The sector provided over

Details: Category: Brazil; Published: 15 April 2025

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Mobly, a leading Brazilian online furniture retailer, has received a hostile takeover bid from Regain Participações and Paul Jean Marie Dubrule, a founder of Tok-Stok.

The offer, disclosed in a company filing on April 15, proposes to buy up to 100% of Mobly’s shares at R$ 0.68 each. This price stands 31% below the previous day’s closing price of

Details: Category: Brazil; Published: 15 April 2025

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Apple reclaimed the top spot in global smartphone sales for the first quarter of 2025, according to Counterpoint Research. The company captured 19% of the market, edging out Samsung’s 18%.

Apple’s iPhone 16e launch and strong demand in Japan and India drove this result. Global smartphone sales grew 1.5% in the quarter, with Xiaomi, Vivo, and OPPO f

Details: Category: Brazil; Published: 15 April 2025

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Data from the U.S. International Trade Administration and industry experts reveal foreign tourism to the United States has dropped greatly in 2025. International air arrivals fell 10% in March compared to the previous year, while total foreign visitors dropped 12%. These figures mark the steepest decline considering that the pandemic's second wave in 2021. Analy

Details: Category: Brazil; Published: 15 April 2025

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Méliuz (CASH3), a Brazilian cashback and discount platform, announced plans to adopt Bitcoin as a long-term treasury strategy.

The company’s board called an extraordinary general meeting for May 6, 2025, to let shareholders vote on changing its corporate purpose to allow Bitcoin investments.

Méliuz recently bought 45.72 bitcoins for about US$4.1

Details: Category: Brazil; Published: 15 April 2025

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Daniel Noboa has secured a decisive victory in Ecuador’s presidential runoff election held on Sunday, April 13, 2025, extending his presidency until 2029.

According to official results from Ecuador’s National Electoral Council (CNE), with over 94% of the votes counted, Noboa obtained 56% of the ballots, establishing a commanding 12-point lead over