According to the State's Agriculture Secretariat, São Paulo's agribusiness trade surplus soared to $1.73 billion in January, a 20.1% jump from the previous year. This figure, calculated by the Institute of Agricultural Economics IEA, signals a strong start for the sector. Exports from the state's agribusiness hit $2.22 billion, an 18% increase from the prior […]
Today’s football agenda features exciting matches from teams like Barcelona, São Paulo, Liverpool, and Manchester City, drawing attention across various leagues. This Saturday is packed with football action, including Premier League games, Brazilian state championships, and European contests. Here’s where and when you can catch live football today: Premier League: 09:30 AM – Brentford vs […]
The Ministry of Agriculture and Livestock announced on Friday that Brazil's farming exports experienced a 14.8% growth in January compared to the same month in 2023. This growth pushed exports to a new January record of $11.72 billion. Last year, January's exports were at $10.21 billion. This increase comes from more exports, especially grains and […]
In 2023, Brazil invested heavily in the shift to greener energy, becoming Latin America's leader and the world's sixth. It put forward around 34.8 billion dollars. This move supports renewables, electric vehicles, hydrogen fuel, and carbon capture technologies. The Ministry of Mines and Energy (MME) shared these insights, drawing from BloombergNEF's 2024 report on energy […]
Brazil has initiated a bidding process to construct a railway that will link the major cities of São Paulo and Campinas. They plan to start choosing builders on February 29 at a stock market event. The goal is to pick teams from Brazil and beyond to finish this work by 2031. São Paulo's leaders shared […]
(Sponsored) The finance world is undergoing a huge transformation driven by environmental awareness and the rise of technologies, including cryptocurrencies. Sustainability has become an imperative aspect for investors and businesses alike, as social inequality, climate change and corporate responsibility are hot topics at the moment. In this context, crypto investors seek new opportunities to align […]
Oil prices ended the week on an uptick, influenced by Middle East unrest, overshadowing the International Energy Agency’s (IEA) lowered demand expectations. Brent crude ended the day up $0.61, or 0.74%, at $83.47 a barrel. U.S. West Texas Intermediate (WTI) increased by $1.16, or 1.49%, to $79.19. The April WTI contract also rose, gaining $0.87 […]
The Ibovespa index notched gains, ending Friday up by 0.72% at 128,725.88, despite a rise in future interest rates shadowing global Treasury movements. Boosted by Vale and Braskem, the index outperformed amidst Wall Street's dip, triggered by fresh U.S. inflation data exceeding forecasts. In January, the U.S. Labor Department reported a 0.3% increase in the […]
European markets wrapped up a data-heavy week on a positive note, spurred by impressive corporate profits and hopes for ECB rate cuts. This optimism fueled the demand for riskier investments. The STOXX 600 index ascended 0.62% to 491.59, a two-year peak, with mining shares leading at a 2.5% weekly gain. The STOXX 50 flirted with […]
On Friday, sugar futures in New York and London saw notable increases. This rise stemmed from market adjustments and Brazilian production insights, along with financial factors. The most traded New York raw sugar contract grew by 1.57%, reaching 22.59 cents per pound, peaking at 22.87 and dipping to 22.18 cents. London's prime contract climbed 1.22%, […]
In 2023, Brazil's B3 stock exchange saw a notable increase in individual investors targeting fixed-income assets. The investor base expanded from 14.8 million to 17.1 million, achieving 15% growth. This rise also impacted the custody value, which soared by 30% to R$2.1 trillion ($420 billion) from R$1.64 trillion ($328 billion). Real Estate Credit Letters (LCIs) […]
President Javier Milei anticipates Argentina’s economic rebound after the anticipated downturn in March and April. Speaking to Radio Rivadavia, he outlined a recovery path, likening it to a “V” shape, with the economy set to surge once currency controls ease. Recent data reveals a 20.6% monthly inflation increase and a 254.2% annual hike, slower than […]
On February 5th, Russia halted banana imports from five Ecuadorian firms due to health concerns, including the ‘hunchback fly’ in shipments. These firms included Agzulasa and Don Carlos Fruit, among others. Ecuador’s Agrocalidad, under the Ministry of Agriculture, quickly addressed the issue, stating the fly wasn’t a pest and increasing monitoring. By February 16th, Russia’s […]
Albemarle Corporation signals a critical shift in the lithium market, emphasizing that the current low prices are unsustainable. As the leading global lithium supplier, the company predicts a necessary price increase to stimulate investments. This adjustment is essential to meet the burgeoning demand, particularly from the electric vehicle (EV) battery sector. The industry has seen […]
Parque das Neblinas, located about two hours from São Paulo, encompasses 7,000 hectares of forest, housing over 1,000 animal species, 530 river springs, and 20 kilometers of hiking trails. Nestled between Mogi das Cruzes and Bertioga in the Serra do Mar highlands, this reserve fosters scientific research, endangered species preservation, and eco-tourism. The journey to […]
The US dollar remained steady against the Brazilian real, closing the week almost unchanged after nearing R$5.00. This movement followed unexpected US inflation data. The dollar concluded at R$4.9675 ($0.9995), dropping slightly by 0.02%. During a week shortened by Carnival, it gained 0.16%. At Brazil’s B3, the leading dollar futures fell 0.13% to R$4.9740 ($0.999) […]