Eletrobras, Brazil’s largest power company, faces a pivotal board election this week as the government seeks to regain influence lost after privatization in 2022.

According to official company releases and government sources, the Ministry of Mines and Energy nominated three high-profile candidates for board seats: former ministers Silas Rondeau,

Data from the Central Bank of Brazil show foreign investors withdrew $2.71 billion from Brazilian stocks in March 2025. This outflow, while smaller than March 2024’s $3.42 billion, signals persistent caution among international investors.

Over the first quarter, equity outflows reached $66 million, suggesting a less severe but ongoing trend.

Brazil’s industrial sector faces mounting challenges as the Industrial Entrepreneur Confidence Index (ICEI), published by the national industry confederation, dropped to 48 points in April 2025.

This marks its lowest level since July 2020 and signals a clear lack of confidence among business leaders. The index, which surveys 2,500 companies, fell

IRB Brasil Resseguros S.A., Brazil’s leading reinsurer, posted a net profit of R$29.5 million ($4.9 million) in February 2025, a 45.3% jump from last year, according to company filings.

However, shares dropped 5.2% to R$45.58 ($7.60) on April 28, 2025, reflecting market doubts about sustained growth. Investors worry about declining premiums and