City Sao Paulo Financial News

13.07 / 02:10

markets Election MSCI show track Global stocks hit peak level before US jobs data: Markets wrap

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.

28.06 / 19:17

markets Cooper Citizens CEO Trade Inside Investigations Former CEO of Brazilian retail giant Americanas arrested amid allegations of billions in fraud

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

24.06 / 01:41

Remark Football WhatsApp rock International Copa America 2024 live Brazil vs Costa Rica: Prediction, start time, where to watch free live telecast

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.

14.06 / 17:03

markets COST UPS Extreme Food Boxing Research High orange juice prices may be on the table for a while due to disease and extreme weather

Orange juice prices have always been volatile and highly dependent on the weather

01.05 / 15:59

Netflix SPY film Actor Universities audience travelers The Secret Agent: Time to explore movie’s storyline, cast and more

Kleber Filho is all set to direct “Civil War” fame actor Wagner Moura in the movie “The Secret Agent”. This is said to be a political thriller. MK2 films will be introducing this film to the audience at the upcoming Cannes Film Festival in May.

29.04 / 21:45

markets UPS stage audience singer Revival of vinyl records in Brazil spares a 77-year-old singer – and others – from oblivion

It took almost a half century for Brazilian singer Cátia de França to find her audience, but she finally has — with the help of a near-obsolete audio technology

12.04 / 12:11

Twitter Platform President Justice social Courts Investigations What to know about Elon Musk's 'free speech' feud with a Brazilian judge

Elon Musk is clashing with a bald, athletically built Supreme Court justice in Brazil over free speech, far-right accounts and misinformation on X

19.03 / 15:09

Provident pandemic President information Courts Vaccines Brazil news: Ex-President Jair Bolsonaro indicted for giving false Covid-19 vaccination data

Brazilian Supreme Court today released the federal police's indictment that alleges the former president and 16 others in his close circle provided false information into the public health database to make it appear as if they had received the COVID-19 vaccine during the pandemic. The indictment comes one year after the federal police searched Bolsonaro’s residence to investigate if the former president and his close circle provided false data into the health ministry’s database as proof of vaccination ahead of international trips.

19.03 / 11:31

markets DOW CBOE Trade B3, S&P Dow Jones Indices launch Brazil's first volatility index

SAO PAULO (Reuters) — Brazilian exchange operator B3 and S&P Dow Jones Indices on Tuesday launched the first volatility index of Brazil's domestic market, to be calculated based on the methodology of the CBOE Volatility Index, known as Wall Street's fear gauge.

18.03 / 14:03

UPS Aviat CEO Boeing reports Updates Brazil's Embraer sees supply chain bottlenecks hampering 2024 deliveries

By Peter Frontini

15.03 / 23:11

Provident country Courts rights Meta wins court order overturning ruling to stop using name in Brazil

SAO PAULO (Reuters) — Facebook-parent Meta on Friday won a Brazilian court order overturning a previous ruling that barred it from using the name in the South American country, due to confusion with another company.

08.03 / 02:01

markets UPS security economy country reports International IMF's Georgieva interested in second term as fund's head, has support, say sources

By David Lawder

05.03 / 21:57

UPS Citi Reuters CEO President country Toyota confirms $2 billion investment in Brazil by 2030

SAO PAULO (Reuters) — Japanese auto maker Toyota (NYSE:TM) officially announced on Tuesday an 11 billion real ($2.22 billion) investment in Brazil, saying it will be made in two parts by 2030, and include the output of a new vehicle specially designed for the country's costumers.

04.03 / 04:35

markets Citi economy Trade Experts country Latin Latin America's largest lender Itau eyes a share of India's banking pie

NEW DELHI, MUMBAI : Latin America's largest lender Itau is looking to open a branch in India, two people aware of the development said. Representatives from Itaú Unibanco Holding SA's retail, wholesale and asset management divisions held preliminary talks with government officials in New Delhi and expressed their willingness to open shop in the country, the people cited above said on condition of anonymity. Foreign banks seeking to enter India need to secure approval from the Reserve Bank of India (RBI).

04.03 / 03:27

markets economy Corning President Brazil's economy grows 2.9% in Lula's 1st year, beating expectations

Brazil’s economy grew 2.9% in 2023, beating expectations in the first year of the administration of President Luiz Inácio Lula da Silva

03.03 / 23:23

Citizens Instagram reports travelers Videos Interviews Indian police detain three accused of raping Brazilian-Spanish tourist

SAO PAULO/BENGALURU/BARCELONA (Reuters) — Indian police have detained three men and are searching for four others accused of attacking two tourists and gang-raping the woman, authorities and the couple said.

03.03 / 19:14

Citi Volkswagen Hyundai reports Sporting Toyota to announce $2 billion investment in Brazil this month -local media

SAO PAULO (Reuters) — Japanese auto maker Toyota (NYSE:TM) this month will announce an 11 billion real ($2.2 billion) investment in Brazil, local newspaper O Globo reported on Sunday.

01.03 / 10:39

Cooper Sustainability President Universities country inequality International Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister told his peers during a G20 meeting in Sao Paulo that countries should implement a global tax on the super-rich in an effort to tackle rampant tax evasion

28.02 / 14:53

Mobile War poverty track country gatherings Brazil warns of global economic challenges as G20 finance chiefs meet

By Marcela Ayres and Christian Kraemer

28.02 / 03:13

markets Reuters economy country rights Interviews International NOT IMF chief Georgieva says focused on job at hand, not future role

By Andrea Shalal

28.02 / 02:33

UPS Progressive economy War country International G20 finance ministers meet on world economy hit by crises, conflicts

G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza. The Ukraine war could take center stage at the meeting, with G7 countries due to meet on the sidelines to discuss shoring up Western support against Russia's invasion — including what US Treasury Secretary Janet Yellen called an «urgent» proposal to use frozen Russian assets to increase aid for Kyiv.

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