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PicPay, Brazil’s leading fintech company, has reported exceptional financial results for 2024 and secured the prestigious iBest Award for Best Digital Bank.
According to the company’s latest earnings release, PicPay achieved a net income of R$252 million ($44.2 million) in 2024, a sevenfold increase from the previous year.
The company’s revenue grew
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- Category: Brazil
Chile has made a significant leap in Antarctic exploration with the commissioning of the Almirante Viel, South America’s first locally built icebreaker.
Delivered in July 2024 by ASMAR, Chile’s naval shipyard, this $210 million vessel represents a milestone in naval engineering and strengthens Chile’s scientific research, logistical capabilities, an
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Read more: Chile Strengthens Antarctic Presence with Groundbreaking Icebreaker Almirante Viel
Write comment (90 Comments)The Chicago Purchasing Managers’ Index (PMI), reported by the Institute for Supply Management (ISM), rose to 47.6 in March from 45.5 in February.
This unexpected increase defied analysts’ forecasts of a decline to 44.1, signaling some stabilization in regional manufacturing activity despite ongoing contraction.
The index remains below the 50-point
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Read more: Chicago PMI Rises to 47.6, Defying Expectations Amid Ongoing Contraction
Write comment (93 Comments)President Donald Trump threatens steep tariffs on Russian oil, targeting nations buying it, as peace talks with Ukraine stall.
Speaking recently, he warns of 25% to 50% duties if Vladimir Putin delays ending the war that began in 2022.
Trump aims to pressure Moscow, which exports 7.5 million barrels daily, earning $180 billion yearly despite
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Read more: Trump’s Tariff Threat Targets Russia’s Oil as Ukraine Talks Falter
Write comment (95 Comments)Argentina's political right deals with a specifying minute as President Javier Milei and previous President Mauricio Macri participate in a bitter rivalry that threatens to fracture their shared conservative base.The fallout from this power struggle could reshape the country's political landscape ahead of important legal elections. As soon as allies, Milei and Mac
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Read more: Milei and Macri Clash, Splintering Argentina's Right Wing
Write comment (99 Comments)A German rocket, released by Isar Aerospace, crashed 18 seconds after departure from Norway's Andøya Spaceport on March 30, 2025, authorities confirm.The Spectrum, a 28-meter, two-stage automobile, intended to end up being mainland Europe's first orbital launcher.It tumbled, blew up, and sank into the Norwegian Sea, leaving Europe's area race bruised however not b
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Read more: Europe's Space Ambitions Stumble as German Rocket Fails
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