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369 results for “Oi

São Paulo Sues Worldcoin and AWS for R$ 240 Million over Iris Scans
TechJul 23

São Paulo Sues Worldcoin and AWS for R$ 240 Million over Iris Scans

São Paulo prosecutors filed a lawsuit against Tools for Humanity and AWS demanding R$ 240 million over alleged abusive biometric data collection.

Brazil Soybean Belt Dryness Raises Early Crop-Stress Risks
AgroJul 23

Brazil Soybean Belt Dryness Raises Early Crop-Stress Risks

A persistent dry spell in Brazil's key soybean regions, including Sorriso and Rio Verde, is raising soil moisture concerns ahead of the 2026/27 planting season.

São Paulo Prosecutors Sue Worldcoin and AWS for R$ 240M
TechJul 23

São Paulo Prosecutors Sue Worldcoin and AWS for R$ 240M

The Public Ministry of São Paulo has filed a civil action against Tools for Humanity and Amazon AWS, demanding R$ 240 million over biometric iris scans.

Amazon and Worldcoin Sued in Brazil Over Iris Data Collection
TechJul 23

Amazon and Worldcoin Sued in Brazil Over Iris Data Collection

São Paulo prosecutors sue Tools for Humanity and Amazon AWS for R$240 million over alleged abusive biometric iris scanning of 400,000 people.

Brazil Stock Market Today: Ibovespa Rallies 2.4% on Earnings
MarketsJul 23

Brazil Stock Market Today: Ibovespa Rallies 2.4% on Earnings

Brazil's Ibovespa surged 2.44% to 177,548 points on July 22, 2026, driven by strong Q2 earnings from Vale and WEG despite macroeconomic headwinds.

Ibovespa Defies US Tariffs as WEG and Vale Drive 2.44% Surge
InvestingJul 23

Ibovespa Defies US Tariffs as WEG and Vale Drive 2.44% Surge

Brazil's Ibovespa surged 2.44% to 177,547 points, brushing off new 25% US tariffs on Brazilian goods as strong corporate earnings and operational previews boost B3 stocks.

IFIX Slips 0.34% as CACR11 Plummets 11.8% Amid Crisis
InvestingJul 23

IFIX Slips 0.34% as CACR11 Plummets 11.8% Amid Crisis

Brazil's real estate index, the IFIX, fell 0.34% to 3,814.78 points as a credit crisis at CACR11 dragged down paper funds, highlighting B3 market risks.

Ibovespa Defies US Tariffs as WEG and Vale Post Stellar Earnings
InvestingJul 23

Ibovespa Defies US Tariffs as WEG and Vale Post Stellar Earnings

Despite a new 25% US tariff on Brazilian goods, the Ibovespa surged 2.44% to 177,547.57 points, driven by massive earnings beats from WEG and strong Vale data.

Nuvini Appoints Alexandre Caramaschi as CSO to Drive AI SaaS Growth
TechJul 23

Nuvini Appoints Alexandre Caramaschi as CSO to Drive AI SaaS Growth

Nasdaq-listed Nuvini Group appoints AI pioneer Alexandre Caramaschi as CSO to lead capital allocation and drive its AI-first B2B SaaS consolidation strategy.

Nubank CEO David Vélez Joins OpenAI Board Ahead of Expected IPO
TechJul 23

Nubank CEO David Vélez Joins OpenAI Board Ahead of Expected IPO

OpenAI appoints Nubank CEO David Vélez to its boards, adding crucial fintech and governance pedigree as the AI giant prepares for a potential 2027 IPO.

Nubank CEO Joins OpenAI Board Ahead of Anticipated IPO
MarketsJul 22

Nubank CEO Joins OpenAI Board Ahead of Anticipated IPO

OpenAI appoints Nubank founder David Vélez to its board, bridging Latin American fintech leadership with generative AI ahead of a highly anticipated IPO.

Brazil Soybean Belt Dry Spell Raises Crop-Stress Risk
AgroJul 22

Brazil Soybean Belt Dry Spell Raises Crop-Stress Risk

A persistent dry spell across Brazil's key soybean-producing regions, including Mato Grosso and Goiás, is raising soil moisture concerns ahead of the next planting cycle.

Brazil Cattle Prices Rebound Past R$ 337 on Tight Supply
AgroJul 22

Brazil Cattle Prices Rebound Past R$ 337 on Tight Supply

Brazil's Cepea/Esalq boi gordo index recovered to R$ 337.10 per arroba as shorter slaughter schedules squeeze meatpacker margins and boost B3 futures.

Brazil Fintech Lobby Zetta Seeks Truce With Febraban
TechJul 22

Brazil Fintech Lobby Zetta Seeks Truce With Febraban

Fintech lobby Zetta advocates for closer ties with traditional banking association Febraban as Nubank secures a banking license and joins both groups.

Brazil Soybean Oil Exports Set to Surpass Forecasts on Global Demand
AgroJul 22

Brazil Soybean Oil Exports Set to Surpass Forecasts on Global Demand

Brazil's soybean oil exports are projected to reach 2 million metric tons in 2026, driven by surging global demand and lucrative export premiums.

Pix Defies US Trade Backlash to Become Global Fintech Model
MarketsJul 22

Pix Defies US Trade Backlash to Become Global Fintech Model

Brazil's Pix payment system faces US tariff pressure but continues its massive expansion, acting as a global fintech blueprint and a key bridge for crypto.

Raízen to Sell Caarapó Mill to Adecoagro for R$ 760 Million
MarketsJul 20

Raízen to Sell Caarapó Mill to Adecoagro for R$ 760 Million

Raízen (RAIZ4) agreed to sell its Caarapó mill to Adecoagro (AGRO) for R$ 760 million in cash, boosting liquidity and optimizing its agroindustrial portfolio.

Oil Prices Surge Past $88 on US-Iran Conflict Escalation
MarketsJul 20

Oil Prices Surge Past $88 on US-Iran Conflict Escalation

Brent crude jumps 4.63% to $88.13 amid US-Iran military clashes, injecting volatility into Petrobras pricing and fueling Brazil inflation worries.

Foxbit Rebrands B2B Arm Amid Recent 41% Stablecoin Surge
TechJul 20

Foxbit Rebrands B2B Arm Amid Recent 41% Stablecoin Surge

Foxbit rebrands its B2B division to Foxbit Infra after capturing 41% of Brazil's digital dollar trading volume over a recent two-week period.

Ibovespa Plummets Over 1% on New 25% US Tariff
InvestingJul 17

Ibovespa Plummets Over 1% on New 25% US Tariff

Brazil's Ibovespa index slid 1.24% to 173,825 points and the US dollar rose to R$ 5.10 as Washington confirmed a 25% tariff on Brazilian exports.

Ibovespa Drops 1.24% as US Imposes 25% Tariff on Brazil
InvestingJul 16

Ibovespa Drops 1.24% as US Imposes 25% Tariff on Brazil

Brazil's Ibovespa fell 1.24% to 173,825.27 points on July 16, 2026, after the US announced a 25% tariff on Brazilian goods, driving the USD/BRL toward R$ 5.10.

Brazil Extends 12% Crude Export Tax; Oil Majors Prepare Legal War
PROPoliticsJul 16

Brazil Extends 12% Crude Export Tax; Oil Majors Prepare Legal War

Brazil’s administrative extension of its 12% crude export tax bypasses Congress, triggering legal threats from oil majors and elevating regulatory risk.

Nubank Unifies LatAm Leadership Under Livia Chanes
TechJul 16

Nubank Unifies LatAm Leadership Under Livia Chanes

Nubank appoints Brazil CEO Livia Chanes to lead Latin American operations following regulatory approval for its full banking license in Mexico.

Fenasbac Next Batch #9 Targets AI Autonomous Blockchain Payments
TechJul 15

Fenasbac Next Batch #9 Targets AI Autonomous Blockchain Payments

Backed by Ripple and Mercado Bitcoin, Fenasbac's Next accelerator opens registrations to pioneer agentic AI payments and on-chain derivatives in Brazil.

Brazil Targets Stablecoin Arbitrage With 24-Hour Hold Rule
CurrenciesJul 15

Brazil Targets Stablecoin Arbitrage With 24-Hour Hold Rule

The Banco Central do Brasil proposes a 24-hour hold on stablecoin transfers over $10,000, disrupting cheap cross-border remittance channels.

Brazil's Ibovespa Gains as Cooling US Inflation Lifts Markets
InvestingJul 15

Brazil's Ibovespa Gains as Cooling US Inflation Lifts Markets

Brazil's benchmark Ibovespa index rose 0.51% to 176,641 points, driven by a global risk-on wave after US consumer prices fell 0.4% in June.

Caravela Joins $18M Round for Mexican FinTech Aviva
TechJul 14

Caravela Joins $18M Round for Mexican FinTech Aviva

Brazilian VC Caravela Capital joins an $18 million Series A for Mexican fintech Aviva, highlighting cross-border investment in LatAm's unbanked sector.

Rio Downtown Office Vacancy Plunges to 23.5%
InvestingJul 14

Rio Downtown Office Vacancy Plunges to 23.5%

Rio de Janeiro's downtown office vacancy fell to 23.5% in Q2 2026, signaling a major corporate real estate turnaround and a prime entry point for FII investors.

Ibovespa Drops 1.2% as US-Iran Escalation Sparks Oil Spike
InvestingJul 14

Ibovespa Drops 1.2% as US-Iran Escalation Sparks Oil Spike

Brazil's Ibovespa fell 1.2% to 175,739 on July 13, 2026, as escalating US-Iran tensions triggered a 9.5% oil spike and hit domestic sectors.

Dry Weather in Brazil's Soybean Belt Raises Crop-Stress Risk
AgroJul 13

Dry Weather in Brazil's Soybean Belt Raises Crop-Stress Risk

Prolonged dry spells in key Brazilian soybean regions, including Rio Verde and Sorriso, threaten early-season soil moisture and could tighten global supply.