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João Fonseca, an 18-year-old Brazilian tennis gamer, made history on Sunday by winning his first ATP Tour title at the Argentina Open in Buenos Aires.The teenager defeated Francisco Cerúndolo, ranked 26th in the world, with a 6-4, 7-6( 1) success in front of an enthusiastic crowd. This triumph significant Fonseca as the youngest South American to win an
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Shein, the Chinese fast-fashion leader, is doubling down on its growth in Brazil, aiming to improve the local retail market. The business's market, released in São Paulo in 2022, now hosts 30,000 sellers and plans to reach 50,000 by the end of 2025. This growth lines up with Shein's method to expand operations into five brand-new areas: Santa C
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Read more: [Brazil] - Shein Targets 50,000 Sellers in Brazil Amid Aggressive Regional Growth Plans
Write comment (98 Comments)Brazilian financial markets are poised for a substantial trading session today, highlighted by important domestic financial indications and worldwide events.Today's economic agenda in Brazil consists of the release of the IGP-10 Inflation Index, the Focus Bulletin, and the IBC-Br Economic Activity Index, which are essential for determining inflation t
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Read more: [Brazil] - Brazil's Financial Morning Call for February 17, 2025
Write comment (93 Comments)São Paulo taped its lowest yearly joblessness rate in 12 years, reaching 6.2% in 2024, according to IBGE data released by Fundação Seade.This figure outperformed both the national average of 6.6% and the Southeast area's 6.4%. It indicates significant labor market improvements in Brazil's largest state.The unemployment rate in São Paulo
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Read more: [Brazil] - São Paulo Records Lowest Unemployment Rate in 12 Years
Write comment (94 Comments)The Almirante Tamandaré, Brazil's largest offshore oil production system, began operations on Saturday, October 15, in the Búzios Field, situated in the Santos Basin, about 180 kilometers off the coast of Rio de Janeiro.The platform has an everyday processing capability of 225,000 barrels of oil and 12 million cubic meters of gas. It represents a
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Read more: [Brazil] - Brazil's Largest Offshore Oil Platform Begins Operations in Pre-Salt Region
Write comment (97 Comments)PicPay, a leading Brazilian fintech, secured the prestigious iBest 2024 award for Best Digital Bank, triumphing over heavyweights Nubank and Banco Inter.
This recognition, determined by popular vote, underscores PicPay’s growing influence in Brazil’s digital banking landscape. With over 60 million accounts and 12 years of operation, the company has
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Read more: PicPay Crowned Brazil’s Best Digital Bank at iBest 2024
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