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248 results for “NU”
Sigma Lithium Stock Drops 6.2% as Brazil Licensing Fears Continue
Shares of Sigma Lithium (SGML), a key supplier to the electric vehicle battery market, fell sharply amid ongoing concerns over its Brazilian mine licenses.
Brazilian Digital Bank Inter & Co. Shares Dip Amid Sector Volatility on Nasdaq
Shares of Brazilian digital bank Inter & Co. fell 3.33% on Monday, continuing a period of volatility with no company-specific news.
Record Number of Diverse Candidates Signifies Demographic Shift in Brazilian Politics Ahead of General Election
The 2026 Brazilian general election features a record surge in Indigenous and LGBTQIA+ candidates, signaling a profound shift in the political landscape.
Bolsonaro’s Son Takes First Numerical Lead Over Lula in New Brazil Election Poll
The latest Quaest poll shows Senator Flávio Bolsonaro leading President Luiz Inácio Lula da Silva 42% to 40% in a hypothetical runoff, signaling a sharp increase in electoral risk ahead of the October vote.
Brazil Tax Reform Accelerates Legislative Countdown to Corporate Overhaul
The Brazilian Senate advanced regulation of the Dual VAT system, forcing an immediate, critical tax choice for small and medium-sized enterprises.
Brazilian Fintechs PicPay and Agibank Relaunch US IPO Cycle After Four-Year Drought
Two Brazilian digital banks, PicPay and Agibank, have successfully completed listings on Nasdaq and NYSE, reopening the US IPO window for the country’s high-growth tech sector.
Brazil’s New 10% Dividend Withholding Tax Ends Three Decades of Tax-Free Payouts for Foreign Investors
Law 15.270/2025 introduced a 10% withholding income tax on dividends paid to non-resident shareholders, fundamentally altering the total return calculus for Brazilian equities starting January 1, 2026.
Record Diversity In Brazil’s 2026 Election Signals Shifting Political Landscape
The 2026 Brazilian general election features a record number of Black, Indigenous, and LGBTQIA+ candidates, reflecting a national push for political inclusion and challenging traditional power structures.
Ex-Nubank CTO Raises Record $85 Million Seed Round for AI Wealth Manager Decade in Brazil
Former Nubank CTO Vitor Olivier and an AI co-founder have secured an $85 million seed round for Decade, an AI-powered wealth manager aimed at democratizing high-end financial advice for Brazilians.
Brazil Registers Largest Deflation in Four Years, Cementing Central Bank's Selic Rate Cut
Brazil's official inflation index, the IPCA, fell 0.32% in August, the first deflation of the year, driven by a temporary 'Itaipu Bonus' on electricity bills.
Brazil Advances New Antitrust Bill Targeting Big Tech with Dedicated Regulator and High Revenue Thresholds
A bill creating a specialized Superintendency within CADE to pre-emptively regulate large tech companies has advanced in Brazil’s Congress, reshaping the digital market outlook.
Centaurus Fund Challenges $1.2 Billion Mandatory Tender Offer for Oncoclínicas in Arbitration
A fund linked to Centaurus Capital is seeking to annul a CVM decision mandating a R$6 billion tender offer for Oncoclínicas shares, pitting minority rights against a major investor.
Brazil's Deflationary Surprise Was a Power Credit Mirage, Testing Central Bank’s Resolve on Selic Rate Cut
Brazil's official inflation index dropped 0.32% in August, the largest deflation in four years, but the figure was nearly all due to a one-off power bill credit.
Nubank Kicks Off Full U.S. Expansion With High-Yield Account
Latin American digital banking giant Nubank has launched its consumer banking suite in the U.S. through a strategic partnership with Lead Bank.
Brazil's Municipal Elections Mark Record High for LGBT+ and Indigenous Candidates
The 2024 municipal elections saw a historic rise in the number of LGBT+ and Indigenous candidacies, signalling a slow but fundamental shift in who holds political power ahead of the 2026 general elections.
Brazil’s Universal Sanitation Goal Faces R$1.2 Trillion Investment Gap for 2033 Deadline
An estimated R$1.2 trillion is required to achieve Brazil’s universal sanitation targets, but current contracted investment is less than half the required annual rate.
Brazil’s Inflation Posts Steepest Deflation in Four Years, Intensifying Pressure for Deeper Rate Cuts
Brazil’s official IPCA inflation index recorded a deeper-than-expected deflation of -0.32% in August 2026, driven by an electricity bill credit, likely pushing the Central Bank to accelerate its interest rate cutting cycle.
Brazil’s Nubank Launches Stablecoin-Powered Global Account and Full U.S. Market Entry
Latin America's largest digital bank, Nubank, announced a dual expansion into the U.S. and a new global account using stablecoins for cross-border payments.
Nubank Launches Initial U.S. Products Via Partner Bank While Awaiting Federal Charter
Brazilian fintech giant Nu Holdings launched its first consumer financial products in the U.S. through an interim partnership with Lead Bank, offering high-yield savings and a cashback card as it continues to seek full federal bank approval.
Institutional Crisis at Brazil’s Supreme Court Overshadows Election-Year Legislative Push
Brazil's political agenda was dominated by a deepening institutional crisis at the Supreme Court, while Congress rushed to pass new laws, including a key e-commerce tax exemption.
Former Air Force Chief Reveals Army Commander's Threat to Arrest Bolsonaro Over Coup Plot
A new book by the former Brazilian Air Force Commander details how the then-Army Commander threatened to arrest Jair Bolsonaro if he tried to nullify the 2022 election.
Brazil's Nubank Launches US Operations, Bringing Latin American Digital Bank Model to Crowded Market
Latin America's largest digital bank, Nu Holdings, has begun offering savings, credit, and remittance products in the US, challenging established players.
Brazil’s Nubank Formally Launches US Banking Operations With High-Yield Account
Nu Holdings, the Brazilian digital bank, launched US operations today via a partnership with Lead Bank, offering a 3.50% APY savings account and a multi-currency product.
Sigma Lithium Stock Falls 4.5% as Brazilian Legal Fight Over Permits Continues
Sigma Lithium shares fell today as investors continued to digest a Brazilian court order suspending the environmental permits for its key lithium mine in Minas Gerais.
Brazilian Digital Bank Inter & Co. Shares Climb 4.65% on Nasdaq
Inter & Co., the holding company for Brazil's digital bank Banco Inter, saw its Nasdaq-listed shares rise, continuing a volatile trend.
Brazil’s Ibovespa to Include US-Listed Giants Like Nubank and XP, Marking Major Index Shift
The B3 stock exchange announced Brazilian Depositary Receipts (BDRs) for US-listed companies like Nubank and XP Inc. will join the Ibovespa, starting in 2027, with a 10% limit.
Record Speculative Bet on Soy Futures Signals Strong Prices for Brazil Agribusiness
Hedge funds are holding a near-record net-long position in soybean futures, signaling strong prices and export revenue for Brazil's massive agro sector.
Fitch Upgrades Brazilian Aircraft Giant Embraer Further Into Investment Grade
Fitch raises Embraer's rating to 'BBB' with a Stable Outlook, citing its record $34.5 billion order backlog.
Brazil Government Claims Windfall Oil Revenue Secures Fiscal Space for Fuel Tax Cuts
Lula’s administration cuts federal PIS/Cofins fuel taxes and boosts diesel subsidies, assuring investors the cost is offset by oil export revenues.
Circle’s $400 Million Tazapay Buy Bolsters USDC Infrastructure Play in Brazil’s Digital Economy
The acquisition of Singapore-based payments firm Tazapay will accelerate Circle's strategy to make USDC the core rail for cross-border commerce, leveraging existing partnerships with Nubank and BTG Pactual in Brazil.