Brazil Financial News

The most notable thing about the annual Mercosur summit kicking off in Paraguay is an absence — that of Argentine President Javier Milei

Post a comment on Reddit, answer coding questions on Stack Overflow or share a baby photo on your public Facebook or Instagram feed and you are also helping to train the next generation of artificial intelligence

Wind energy is booming in Brazil's dry and windy Northeast, but some projects are drawing criticism as it becomes clear that certain communities have benefited while others have not

Copa America 2024 is now going to the big stages after sixteen teams participated in the initial stages of the championship. Now, eight teams have qualified after the intense group stage matches that saw some nail-biting games with some of the top footballing nations in the world. As the quarterfinals approach, the competition will only get more intense and competitive as all the teams will give it all to proceed towards the semis of America's most coveted tournament.

Virat Kohli has set a new record, this time off the cricket field. His Instagram post celebrating India's T20 World Cup victory has become the most-liked photo ever posted by an Indian account. The heartfelt post, which featured a collage of Team India celebrating their triumph, has amassed over 19 million likes and continues to gain traction. Kohli's caption, expressing his gratitude with the words «Couldn't have dreamt of a better day than this. God is great and I bow my head in gratitude. We finally did it Jai Hind,» deeply resonated with fans nationwide.

China has reported its auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home

Mint. Last week, Mint reported about the union health ministry's advisory to states to maintain constant vigil over the Zika virus situation in the country. In 2016, the World Health Organisation (WHO) had declared Zika virus as a ‘public health emergency of international concern’ after the outbreak was reported in some South American and Caribbean countries.

Panamanian court has acquitted 28 people charged with money-laundering under cases linked to the Panama Papers and "Operation Car Wash" scandals, the country's judicial branch said in a statement on Friday. It did not provide names of the people who were acquitted. Judge Baloisa Marquinez ordered that precautionary measures be lifted against all the defendants, and said one criminal process was now canceled due to the death of an unnamed defendant.

The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, and stands accused of participating in a 25 billion reais ($4.5 billion) fraud scheme

An Arkansas community is trying to fill the void left by the temporary closure of its only grocery store, the site of a mass shooting that killed four

mutual funds have dominated the returns chart in the first half of 2024, an analysis of the return charts showed. There were around 208 sectoral/thematic funds in the said period. The toppers in the list were from the infrastructure sector, defence sector and PSU sector. HDFC Defence Fund, the topper in the list, gave 55.22% return in the first half of 2024. Bandhan Infrastructure Fund and LIC MF Infra Fund, two infrastructure sector based funds, gave 43.43% and 40.67% returns respectively.

Sensex and Nifty to fresh all-time peaks, foreign institutional investors (FIIs) have been buying Indian stocks non-stop with a cumulative inflow of Rs 32,000 crore on Dalal Street in 12 trading sessions. FIIs can be seen pouring money into India funds at the cost of China, Brazil, Taiwan and South Korea as consensus is gradually building on imminent rate cuts in the second half of 2024. This month's buying comes after FII outflows worth over Rs 34,000 crore in the last 2 months. For 12 consecutive trading sessions from June 7 till June 25, FIIs have been net buyers on Dalal Street, according to Sebi data.

Copa America 2024 Group D game on Friday. Brazil has one point so far after drawing with Costa Rica in their opening match. Colombia is leading the group with three points, while Paraguay are yet to open their account. Brazil versus Paraguay Copa America 2024 soccer match is scheduled to kick off at 9 pm (ET) at Allegiant Stadium. The match will be live telecast on Fox Sports 1 and live streamed on Fox Sports for viewers in the US.

A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing nations

India House at the Paris Olympics will be a «home away from home» for the travelling national contingent and will also provide a glimpse into the country's «rich cultural and sporting heritage», IOA President P T Usha and IOC member Nita Ambani have stated. The India House will commemorate the completion of 100 years of country's Olympic participation. The India House will be located at the Parc de la Villette in Paris, which has been designated as the 'Park of Nations' during the Games and will be surrounded by 14 other hospitality houses including those from Netherlands, Canada, Brazil and France. The India House has been established by the Reliance Foundation in partnership with the IOA (Indian Olympic Association) and will showcase «India's storied past, vibrant present, and exciting future alongside advances in technology and digitalisation», a press release said.

Bajaj Auto, India’s largest exporter of two and three wheelers has inaugurated its new manufacturing plant in Manaus, Brazil, it said in a statement on Wednesday. This will be the company’s first manufacturing facility outside India. In all the other markets in which it has a presence the company follows a distribution-led model – the distribution partners manage local operations, including assembly. Bajaj now sells vehicles in 100 countries. The Bairro Tarumã-based factory with an area of 9600 square meters has a capacity to produce engine assembly, vehicle assembly, and testing facilities has a production capacity of 20,000 units per annum on a single shift. It can be expanded further in due course to accommodate additional production capacity to up to 50,000 units per year. Initially, the plant will focus on manufacturing Dominar models and later Pulsar models when they become available for introduction. «With the establishment of our own plant in Brazil we have achieved a quantum shift in our local capability to fulfil demand. Our Dominar brand has received an outstanding reception since its launch 18 months ago. The new manufacturing capabilities will enable us to build a wider distribution network, introduce new products and meet growing expectations of our customers.” Rakesh Sharma, Executive Director of Bajaj Auto said in the statement.

GOAT has recognized GOAT as Web3’s largest poker room, CoinPoker , becomes regional sponsor of the Argentina National Football Team.

arrest warrants for Russia's chief of the General Staff Valery Gerasimov, and former defence minister Sergei Shoigu. Warrants were issued for the alleged war crimes of directing attacks at civilian objects and causing excessive incidental harm to civilians, as well as the crime against humanity of «inhumane acts» in Ukraine, the ICC said in a statement. ICC judges said there were «reasonable grounds to believe that the two suspects bear responsibility for missile strikes carried out by the Russian armed forces against the Ukrainian electric infrastructure from at least 10 October 2022 until at least 9 March 2023.»

U.S. West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows across the Pacific.

Copa America 2024 favourites along with Argentina, Brazil is beginning their campaign against Costa Rica in Group D game. The record five-time World Cup winners from South America will look to go one step forward than previous edition where they lost to Lionel Messi's team in the final. Brazil and Costa Rica's soccer game is scheduled to kick off at 9 pm (ET)/6 pm (PT) on Monday, June 24, 2024 in Los Angeles. The football game between Brazil and Costa Rica will be live streamed on fuboTV which offers free trial.

Rio de Janeiro is famous for its beaches and vibrant parties in the Southern Hemisphere’s summer