Brazil - TheIndianSubcontinent

Neymar went back to Brazil last week after 12 years playing overseas. He debuted for Santos in a 1-1 draw versus Botafogo on Wednesday night.Neymar celebrated his 33rd birthday on the day of the match. He began on the bench however played the whole 2nd half. In spite of revealing flashes of his prominent skill, he couldn't lead Santos to victory.Santos

Details: Category: Brazil; Published: 06 February 2025

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Neoenergia has signed a deal to sell its 70% stake in the Baixo Iguaçu Hydroelectric Plant to EDF Brasil and STOA for R$1.43 billion ($238 million). This transaction involves the entire shareholding of Geração Céu Azul, which controls 70% of the plant’s consortium.

Neoenergia’s strategy focuses on asset rotation to optimize its portfolio and s

Details: Category: Brazil; Published: 06 February 2025

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Brazilian President Luiz Inácio Lula da Silva supports oil exploration in the Atlantic’s Equatorial Margin. This region, 570 kilometers from the Amazon River’s mouth, could be a goldmine for oil.

Lula insists that with advanced technology, Brazil can extract oil without harming the environment. Petrobras, Brazil’s state oil company, sees vast p

Details: Category: Brazil; Published: 06 February 2025

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The Brazilian Institute of Geography and Statistics (IBGE) reveals Brazil’s industrial production fell by 0.3% in December, marking the third consecutive month of decline. This downturn has a ripple effect, directly impacting interest rate forecasts.

The decrease wasn’t as severe as Bloomberg’s anticipated 1.1% drop, but it still signals trouble. No

Details: Category: Brazil; Published: 06 February 2025

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Log Commercial Properties (LOGG3), a major player in developing, leasing, and managing logistics warehouses, reported a significant financial upturn in 2024, largely fueled by the e-commerce sector.

According to CEO Sérgio Fischer, the company achieved a net profit of R$100 million in the fourth quarter, marking a 36.6% increase from the same

Details: Category: Brazil; Published: 06 February 2025

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The Ibovespa gained traction with banks and Embraer’s record jet orders, reclaiming 125,000 points; the dollar rose to R$5.79.

The Ibovespa index climbed 0.31% to 125,534.07 points as the earnings season kicked off. Investors focused on statements from Brazilian and U.S. officials alongside economic data.

The U.S. dollar rose by 0.38% to R$5.7942,