Brazil Financial News

Shoe brand Steve Madden will be cutting the goods that it imports from China by as much as 45% next year as it prepares for the return of President-elect Donald Trump who has pledged to slap steep tariffs across the board on imports from other countries

Subscribe to enjoy similar stories. If you are the CEO of a global multinational corporation or the chief investment officer of a large global pension fund or a sovereign wealth fund or an insurance company, or an asset manager with a high allocation to emerging markets, India should be the least of your concerns for now. Donald Trump has won and all the scenarios that your staff planned around his potential win will now start playing out in real time.

Royal Enfield will not make India a 'top priority' market for its first electric motorcycle, Flying Flea C6, but is looking at leveraging the country’s manufacturing strength to export electric vehicles, said Siddhartha Lal, managing director of Eicher Motors, which makes motorcycles under the Royal Enfield brand.

Arcane Season 2 Part 1 on November 9, 2024. The last episode will be available on November 23, 2024.

Subscribe to enjoy similar stories. CAMAÇARI, Brazil—When Ford Motor shut its factory here in 2021 after more than a century in the country, Uelcson Alves and the automaker’s thousands of other workers in this once-thriving Brazilian town panicked. “It was devastating.

P K Mishra has affirmed India's commitment to the Sendai Framework for disaster risk reduction and called for increased international collaboration on knowledge sharing, technology transfer and sustainable development to enhance disaster resilience globally. Mishra said this while participating in the G-20 Disaster Risk Reduction Working Group (DRRWG) ministerial meeting in Belem, Brazil, according to an official release. He led a high-level Indian delegation which took part in the meeting held from October 30 to November 1. With the active participation of the Indian delegation, a consensus was arrived at on finalising the first ministerial declaration on Disaster Risk Reduction (DRR), the release issued by the Union Ministry of Home Affairs said.

Rosie Naid Shikera, a 51-year-old woman from Brazil, has made a remarkable journey to India to be with Pawan Goyal, a 30-year-old man from Bhind, Chhattisgarh. Their love story illustrates how deep connections can flourish across cultures and distances. The couple first met during Rosie’s visit to Kutch, India, last year, where a friendship quickly transformed into a romantic relationship.

In 2006, environmental nonprofits and some of the world’s largest soybean traders came together in a landmark “soy moratorium” to stop the sale of soy grown on illegally deforested land in Brazil's Amazon

Max Verstappen suggests he won’t change his aggressive driving this weekend at the Brazilian Grand Prix as he bids for a fourth successive Formula 1 title. Lando Norris needs a win at Interlagos in Sao Paolo to maintain any realistic title hopes. New elements could spice up the clash between the drivers, who have received penalties in the past two races in Austin, Texas and Mexico for their boldness on the track. Interlagos has a new tarmac, rain is expected all weekend, and Verstappen received a five-place penalty on the grid after he and Red Bull decided to use a new engine.

Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and on reports that OPEC+ may delay a planned oil output increase. After falling more than 6% earlier in the week on the reduced risk of wider Middle East war, Brent crude futures gained $1.81, or 2.5%, to $72.93 a barrel by 11:30 a.m. EDT (1530 GMT). U.S. West Texas Intermediate crude rose $1.85, or 2.8%, to $69.06.

mutual funds, all international, have offered negative returns in 2024 so far. During the mentioned period, around 208 sectoral and thematic funds existed. HSBC Brazil Fund lost the most of around 16.09% in 2024 so far. Mirae Asset Global Electric & Autonomous Vehicles ETFs FoF lost around 3.90% in the period.

Brazil's environmental agency levied $64 million in fines against 23 meatpacking and their suppliers companies for buying and selling cattle raised illegally on deforested land in the Amazon

Multilateral development banks (MDBs) have embarked on reforms but the pace and ambition fall «well short» of what was recommended and what is required, said Lawrence Summers and NK Singh, who were co-conveners of the G20 Independent Expert Group on MDB Reforms under India's presidency last year. «In our view, the shortsighted approach of waiting until a crisis hits before acting forcefully on MDB reform will turn out to be a costly misjudgment. Time is not on our side,» they said in a latest report card on MDB reforms. Summers, president emeritus at Harvard University, and Singh, a former senior bureaucrat, had recommended a vision for better, bolder, bigger MDBs as a central tool to respond to the issues facing emerging markets and developing economies. The Brazilian G20 presidency this year has followed up by developing a road map of MDB reforms.

Formula One (F1) cars racing in Mexico City, the normal rules don’t apply. When speeding down a straight that is almost 1 mile (1.6 km) long, teams would usually need to race a car with as sleek a body shape as possible to cut through the air and hit top speeds quickly. But at the Autódromo Hermanos Rodríguez, where this weekend’s Mexico City Grand Prix (GP) will be held, it’s the opposite. Autódromo Hermanos Rodríguez first held a F1 world championship race in 1963. For the drivers, the track will feel more akin to racing on a slippery street course like the one in Monaco, where regular automobiles that use the streets when F1 is not in town wear away the traction provided by the sticky tire rubber laid down by race cars.

Emilio Azcárraga has taken a leave of absence from his position as chief executive of Televisa because he is being investigated by the U.S. Department of Justice on a FIFA-related issue

Brazil’s President Luiz Inácio Lula da Silva has signed an agreement worth tens of billions of dollars with the mining companies responsible for a 2015 dam collapse that was one of the country’s worst-ever environmental disasters

Brazil's federal government on Friday reached a multibillion-dollar settlement with the mining companies responsible for a 2015 dam collapse that the government said was the country's worst-ever environmental disaster. Under the agreement, Samarco — a joint venture of Brazilian mining giant Vale and Anglo-Australian firm BHP — will pay 132 billion reais ($23 billion) over 20 years. The payments are meant to compensate for human, environmental and infrastructure damage caused by the release of an immense amount of toxic mining waste into a major river in southeastern Minas Gerais state, killing 19 people and ravaging entire villages. «We are fixing a disaster that could have been avoided, but wasn't,» President Luiz Inacio Lula da Silva said in a hall of the presidential palace, surrounded by governors of the affected states, members of his administration, reporters and victims.

Equifax Inc. is launching a program to allow newcomers to transfer their foreign credit history to Canada.

Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to challenge Western global clout

Black Ops 6 is set to release on October 25, 2024. Fans can expect a game set during the Gulf War. The game offers multiplayer, Zombies and campaign modes across different platforms.