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President Luiz Inácio Lula da Silva’s recent hints about not seeking reelection in 2026 have sent shockwaves through Brazil’s political sphere. During a ministerial meeting on January 20, 2025, Lula expressed uncertainty about his candidacy.
He cited recent health scares as a factor in his decision-making process. The 79-year-old leader’s comments h
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Read more: Lula Hints at Stepping Aside: Brazil’s 2026 Presidential Race Takes Unexpected Turn
Write comment (99 Comments)The São Paulo stock market, Ibovespa, climbed up for the third consecutive day. The Brazilian Financial and Futures Exchange reported this upward pattern on Tuesday.Ibovespa closed at 123,338.34 points, marking a 0.39% increase. This rise accompanied positive efficiencies on Wall Street and in the banking sector. President Luiz Inácio Lula da
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Read more: [Brazil] - Ibovespa Rises 0.39% as Banking Sector Strengthens
Write comment (91 Comments)The Colombian peso experienced notable volatility following President Donald Trump’s inauguration. The currency closed at COP4,317.00 against the US dollar, down COP27.27 from the previous day’s rate of COP4,344.27.
Trump’s mixed messages on trade policy sparked market uncertainty, particularly his comments about potential 25% tariffs on Canada and
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Read more: Colombian Peso Fluctuates as Trump’s Trade Policies Take Shape
Write comment (99 Comments)Brazilian homebuilder Tenda S.A. (TEND3) is making waves with its latest financial move. The company announced a new share buyback program on January 21, 2025.
Tenda plans to repurchase up to 176,356 common shares over the next 18 months. This decision comes hot on the heels of a recently completed buyback initiative.
The company’s Board of D
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Read more: Tenda Bets on Itself: New Share Buyback Signals Market Confidence
Write comment (90 Comments)President Donald Trump unveiled a massive artificial intelligence initiative on Tuesday, partnering with OpenAI, SoftBank, and Oracle. The project, dubbed Stargate, commits $100 billion initially, potentially reaching $500 billion over four years.
This unprecedented investment aims to cement America’s position as a global AI leader. The venture w
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Read more: U.S. Aims to Lead Global A.I. Race with $500B Commitment
Write comment (90 Comments)PRIO, a company known for rejuvenating mature oil fields, is taking a considerable leap. CEO Roberto Monteiro announced PRIO's strategy to bid on pre-salt exploratory blocks in the upcoming National Petroleum Agency auction.This marks a major shift in the business's method. The decision has triggered combined responses from market analysts. Bradesco BBI v
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Read more: [Brazil] - Oil Company PRIO Shifts Gears: From Mature Fields to Exploratory Blocks
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