Brazil Financial News

Eve has showcased for the first time the full-scale prototype of its "flying taxi," achieving a milestone as the company aims to obtain certification and enter service in 2026. Eve, controlled by Embraer, rolled out its electric vertical take-off and landing (eVTOL) aircraft prototype at an event with investors and clients at the Brazilian planemaker's Gaviao Peixoto plant on July 3. The company is one of a bevy of startups worldwide developing battery-powered aircraft that can take off and land vertically to ferry travelers on short city trips, allowing them to beat traffic.

Rio de Janeiro next week, following two years of geopolitical disputes that overshadowed their work and raised questions about the very purpose of the G-20. Geopolitical clashes, particularly the conflicts in Ukraine and Gaza, will be addressed in a separate chair statement published by the host nation together with the communique, according to ambassador Mauricio Carvalho Lyrio, the secretary for economic and financial affairs at Brazil's foreign ministry. «We need to resume the production of documents by the G-20,» he told reporters in Brasilia on Friday. «We will no longer demand the inclusion of language about geopolitics in ministerial documents.» Deep disagreements over the wars prevented G-20 finance chiefs from issuing a communique in February, when they met in Sao Paulo under Brazil's rotating presidency of the group. The same happened in India last year and in Indonesia in 2022. President Luiz Inacio Lula da Silva's presidency of the G-20 is facing steep challenges in a tumultuous international climate dominated by contentious elections and the wars. Still, Brazilian authorities say discussions around his main proposals are making progress. The leftist leader has been pushing for the creation of a global minimum tax on billionaires to fund actions against climate change and programmes to eliminate world hunger.

Microsoft outage hit millions of internet users and almost all operations leading to digital payment, airlines, banks, stock markets and many more services came to an end, the question looming large at the world is whether this was predicted earlier. Has Brazilian fortune teller Athos Salome predicted the present internet outage? The astronomer, dubbed the living Nostradamus predicted «three days of darkness» in 2024. Did he mean this outage? The same person has also predicted the beginning of World War 3 this year. So what next?

Brazilian psychic apparently has gifted powers of accurately predicting football match outcomes and has been dubbed the 'Living Nostradamus' for the predictions, that has proven to be accurate. Athos Salomé has now issued a statement to England fans, in a 'I told you so'-style, since he had already predicted that England would go down in the Euro Cup 2024 finals against Spain.

₹2,415 crore in the June quarter (Q1FY25) beat analysts’ estimates and was primarily driven by price realisation. The two-wheeler (2W) manufacturer is expected to maintain this momentum amid a recovery in the export market and from sales of the CNG bike it launched earlier this month. Still, an inadequate pick-up in rural demand or the export market remains a risk.

Open Society Foundations revealed Tuesday its first new commitment after a years-long internal reorganization, pledging $400 million over eight years to support green economic development

Lamine Yamal's father is extremely proud of his son's accomplishment in football's global circuit, after Spain won the Euro Cup 2024 title by beating England 2-1. Yamal has broken a few records during his Euro Cup appearances, including the finals, with some of them being of Brazilian legend Pele. Yamal became the talk of the town after Spain beat France, thanks to his opening goal in 21st minute, followed by Dani Olmo's goal, four minutes later. With this goal, he became the youngest player ever in Euro championship history to score a goal.

simple things are often overlooked, no matter the field. People tend to avoid simplicity, thinking it's boring and too common. But what if I told you that, when it comes to investing, the simplest approach often yields the best results? Today, we'll discuss one such simple yet effective approach to investing.

Narendra Modi has become the world's most followed leader on the social media platform 'X' with over 100 million followers. While comparing the followers of various Indian politicians on X, PM Modi stands out significantly in terms of numbers. The Leader of Opposition (LoP), Rahul Gandhi has 26.4 million followers, Delhi Chief Minister Arvind Kejriwal has 27.5 million, Samajwadi Party's Akhilesh Yadav has 19.9 million, and West Bengal CM Mamata Banerjee has 7.4 million.

For many years now, emerging-market (EM) assets as a class have got little attention, globally. Data from JPMorgan suggests that over the past year, foreign investors have pulled out over $36 billion from this asset class. No discussion about EMs is complete without someone pointing out their insipid returns over the past decade—a paltry 3% annualized in US dollars (including dividends).

An Air Europa flight en route to Uruguay was forced to make an unexpected stop in Brazil after severe turbulence injured more than 30 people on Monday, fracturing the necks and skulls of several passengers.

Brazil’s national data protection authority determined on Tuesday that Meta cannot use data originating in the country to train its artificial intelligence

BitMEX co-founder Arthur Hayes has hailed Bitcoin as a superior safe-haven asset in the current economic landscape.

Soccer legends Lionel Messi and Ronaldinho Gaucho have publicly endorsed and promoted a Solana-based meme coin called WaterCoin (WATER) through their Instagram stories.

US jobs data due Friday for clues on Federal Reserve rate cuts. Tokyo’s Topix index touched another record, before slipping. The moves followed gains for European shares, led by French equities. US stock futures were little changed in Asia after markets were closed Thursday for a holiday.

air turbulence, more than 30 people have been injured after their flight which was flying over the Atlantic, got caught in an air turbulence. The flight is operated by Air Europa and it was flying from Spain to Uruguay. The injured are being treated in a hospital. Many of the passengers took to social media to share videos of the incident. It has been reported that the turbulence sent many passengers flying out of their seats while one passenger was seen struck on an overhead bin. The man’s feet were seen dangling out of the overhead bin.

A judge has acquitted 28 people accused of money laundering in an international case known as the Panama Papers

After a blockbuster six months, the sale of emerging-market bonds in hard currencies is set to slow down sharply in a second-half that’s littered with political risk.

Sergey Lavrov has praised Prime Minister Narendra Modi's recent visit to Russia, calling it a success, adding that he stated the two leaders discussed almost each and every issue mentioned on the agenda including cooperation in global organizations like G20, BRICS, and the UN. While speaking to ANI, Sergey Lavrov mentioned Russia's support for India to become a permanent member of the United Nations Security Council. «I think the visit was very successful. They discussed each and every issue on the bilateral agenda. They discussed the international situation, our cooperation in G20, BRICS, the Shanghai Cooperation Organization, in the United Nations, where we support the Indian interest to become a permanent member of the Security Council, like we do for Brazil and African candidates,» said Lavrov.

Taylor Swift's European tour was top of mind for Nikita Rao when planning where to go for her family's annual summer vacation.

Las Vegas: Uruguay beat Brazil on penalties (4-2) to reach the semi-finals of Copa America after their game ended goalless on Saturday. Uruguay, who finished the game with ten men after Nahitan Nandez was sent off in the 74th minute, will face Colombia in Charlotte, North Carolina, in their semi-final on Wednesday. Colombia beat Panama 5-0 in Saturday's other quarter-final earlier in Arizona.