Brazil Financial News

farming robot in Brazil and in the United States, CEO Britaldo Hernandez said in an interview, in a sign of growing demand for "precision agriculture" tools in two of the world's largest food producers. Sold at a price of $50,000, the Solix AG Robotics unit can scout crops and monitor the development of individual plants, as well as target spray herbicide to save costs.

Tim Bevan, CEO of ETC Group, said that following the ruling, it seemed inevitable that spot BTC ETFs will now come to the US.

Russia has informed Brazil's aircraft investigation authority that it will not probe the crash of the Brazilian-made Embraer jet that killed mercenary boss Yevgeny Prigozhin under international rules «at the moment», the Brazilian agency told Reuters on Tuesday. Prigozhin, two top lieutenants of his Wagner Group and four bodyguards were among 10 people who died when the Embraer Legacy 600 crashed north of Moscow last week. He died two months to the day after staging a brief mutiny against the Russian defense establishment that posed the biggest challenge to President Vladimir Putin's rule since he rose to power in 1999. Brazil's Center for Research and Prevention of Aeronautical Accidents (CENIPA), in the interests of improving aviation safety, had said it would join a Russian-led investigation if it were invited and the probe held under international rules. Russia's aviation authority was not obligated to say yes to CENIPA, but some former investigators said it should, as the U.S. and other Western governments suspect the Kremlin of being behind the Aug.

By Lisa Pauline Mattackal

G20 Summit gets underway in New Delhi next week under India's presidency. The September 8-10 meeting will see more than 30 heads of delegations, including the presidents of USA, China, France, UK and Brazil, and leaders of invitee countries from Southeast Asia, South Asia and the Arab world, debate pressing global issues, according to officials. The summit is being seen as a major achievement of the Indian government under Prime Minister Narendra Modi, who is expected to hold meetings with each of the visiting leaders.

NEW DELHI : The government in October will review its sugar export policy, which is currently under the restricted category, in October, after state cane commissioners come up with their crop estimate for the 2023-24 season. Current restrictions, under which each sugar mill gets an export quota, are in place until October end. “All options are open to the government as far as sugar export is concerned, but it is too early to take a call on exports.

Netflix has officially declared that 'Sintonia' is set to return for its fifth and ultimate season, solidifying its position as the lengthiest-running Brazilian show in terms of the number of seasons on Netflix's platform. Having initially premiered in August 2019, a total of 26 episodes spanning four seasons have been showcased on the Netflix streaming service. Crafted and directed by Kondzilla, this crime-infused teen drama revolves around three central characters navigating their coming-of-age experiences in São Paulo, entwined within the dynamic realms of music, drug trade, and faith. The recently concluded fourth season made its debut on Netflix on July 25, following a prominent presentation at the global TUDUM event several months prior. News of the upcoming fifth and final season was disclosed through Netflix Brazil's official X (Twitter) account, accompanied by the words, «Nando, Rita, and Doni united in their ultimate journey.» As it stands, the series stands as Netflix's lengthiest-standing Original production from the Brazilian domain, outshining the achievements of 3%, which wrapped up following its fourth season.

BRICS grouping will see it controlling 46 per cent of the world's population and 30 per cent of its economic output, according to a research paper. At the latest BRICS summit in Johannesburg last week, the present members — Brazil, Russia, India, China and South Africa — decided to add Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates as new members of the grouping. The new members will become part of BRICS effective January 1, 2024. The acronym BRICS was originally coined in 2001 by Goldman Sachs economists led by Jim O'Neill.

The Toyota Innova has achieved the distinction of being the first car in both the country and the world to feature a flex-fuel engine capable of running entirely on ethanol. This development has sparked renewed discussions about the potential of this environmentally friendly and efficient fuel and powertrain technology. Here is a comprehensive overview about the technology.

Nitin Gadkari on Tuesday launched a 100 per cent ethanol-fueled variant of Toyota's Innova car. The launched car is World's first BS-VI (Stage-II), electrified flex-fuel vehicle. «It is the dream of all of us to have cars, two-wheelers and autos running on ethanol,» said the minister during the event.

Canada between April 2022 and March 2023, according to a recent report from The Technology Councils of North America (TECNA) and Canada's Tech Network (CTN). Out of more than 32,000 tech workers, 15,097 came from India, followed by 1,808 from Nigeria, partly due to Canada's immigration-friendly national policy and labor cost advantage, the report said. According to the report, the rise of remote work has resulted in tech talents more frequently moving away from traditional tech hubs. This is partly due to the COVID-19 pandemic, the report said. The same report said that in 2022, Canada had more than 400,000 software developers in the country and the growth of the national tech workforce has not been limited to the bigger Canadian markets. In fact, smaller provinces like Saskatchewan and Newfoundland and Labrador have experienced the most rapid growth in their tech workforces, with a year-over-year growth of 16.3%. Mississauga, home to nearly 1,000 IT companies with over 300,000 tech professionals, and Montreal, where tech ecosystems have grown around 31 per cent from 2015 to 2020, were among the top Canadian cities to tap the talent.

Bloomberg News that the leaders “will launch a kind of manifesto calling attention to the need to improve labor relations," that would touch on work environments and pay. Scheduled for September 19, the meeting will follow the addresses of both presidents to the General Assembly.

Glance, a smart lock screen platform from InMobi, is launching in Japan. It will partner with leading telecom carriers and Android smartphone brands in the country, Piyush Shah, president of Glance, told ET. Singapore-headquartered Glance has already expanded in Indonesia and is now eyeing the US market.

By Peter Frontini

BRASILIA (Reuters) — Latin America development bank CAF has offered $600 million in assistance to counter-guarantee payments for Brazilian exports to Argentina to secure trade flows, ministers from both countries said on Monday.

FIBA Basketball World Cup, the USA have registered two initial wins, cruised past Greece, and have clinched the group round. Canada defeated France, who were eliminated on Sunday after yet another defeat at the hands of Latvia. Steve Kerr has coached Team USA and led by Anthony Edwards, Jalen Brunson, Jaren Jackson Jr. and Mikal Bridges led them. The US finished seventh in 2019 and they hope for a better result this year.

BRICS countries, which was held in South Africa, received unprecedented international attention. Some commentators even invoked the Bandung conference of 1955, where leaders of India, China, Indonesia, Egypt and Yugoslavia launched the non-aligned movement (NAM). It seemed as though another generation of leaders, this time from Brazil, Russia, India, China and South Africa, were building an alternative to the US-dominated global order.

Russia and China, a paragraph on the war in Ukraine was classified as 'Chair Summary', while remaining 16 paragraphs became part of the 'Outcome Document' that was unanimously adopted by all the member countries, said an official release. Chief science advisers and the nominated equivalents from G20 members and guest countries met during the day at Mahatma Mandir here for the second meeting of the G20-Chief Science Advisers' Roundtable under India's G20 presidency. «We are very hopeful and convinced that the next presidency of Brazil will take it forward. In this roundtable, the focus was on three themes — One Health for better disease prevention, control, and pandemic preparedness, efforts to expand access to scholarly scientific knowledge and ensuring diversity, equity, inclusion, and accessibility in science and technology ecosystem» Ajay Kumar Sood, Principal Scientific Adviser to the government, said at a press conference. All the member countries collectively deliberated on these issues and expressed commitment towards fulfilling these common priorities, Sood added. «We recognise that interdependent health threats to human, animal, plant and environmental health should be addressed collectively through the One Health approach.

SAO PAULO (Reuters) — Brazilian cosmetics maker Natura &Co said on Monday its board of directors had authorized the company to search for «strategic alternatives» for its subsidiary The Body Shop, including a potential sale of the business.

ethanol-fueled variant of Toyota's Innova car tomorrow, August 29, Tuesday. The minister provided the information while addressing the Mint Sustainability Summit here. Gadkari has been exhorting automakers to come out with alternative fuel-powered and green vehicles.