In a first, Brazil logistics operator Rumo given large rail contract
With corruption scandal-hit larger companies out of the view, smaller firms are bagging huge logistics contracts...
Tag : Brazil
Brazil fintech Banco Inter raises $343 mn from SoftBank
Shares in Brazil’s Banco Inter surged more than 20 percent as Japan’s Softbank bought into the company....
Brazil VC Monashees raising $250 mn to fund startups in Latin America
Firms in Monashees portfolio have raised up to $2 bn from global investors after raising funds from the Brazilian VC ...
Brazil launches blockchain solution to track government contract bids
Brazilian agriculture industry will benefit from Bid Solution which will provide complete transparency on the contract bids...
New Brazil pension bill a shot in the arm for financial reform
The bill is Bolsonaro’s prime agenda as it will save around $263 bn of public money over the next decade...
Mobile banking transactions grow 24% in Brazil in 2018
From merely checking bank statements, more and more Brazilians are completing financial activities on mobile...
More foreign airlines vie to fly in Brazil as aviation market opens up
Brazil’s infrastructure minister says that three more foreign airlines have applied to fly domestically...
Enel completes sale of 540 MW renewable plants in Brazil for $2.9 bn
The three assets for sale include two solar plants and one wind farm in Piaui and Bahia...
Robust private sector earnings a ray of hope as Brazil faces recession
Profits at firms listed on Sao Paulo’s B3 stock exchange rose 40 percent year on year in Q1...
Brazil to make currency real fully convertible in two to three years
Brazil needs full currency convertibility to reduce cost of cross border trade and investments...