Search
248 results for “NU”

Brazilian Business Leaders Demand Candidates Guarantee Continuity of Landmark Tax Reform
A group of nearly 100 top executives and economists warned presidential hopefuls against disrupting the new VAT implementation.

Lula Demands Judicial Transparency as $2.5 Billion Energy Auction and Amazon Oil Drilling Advance in Brazil
Lula demands judicial reform amid scandal; government pushes $2.5B energy auction and Amazon oil drilling; Nubank invests $8.2B.

Nubank Commits R$45 Billion to Brazilian Operations, Doubling Down on AI-Driven Credit and Growth
US-listed fintech Nu Holdings will invest R$45 billion in Brazil in 2026, focusing on AI and credit growth for its massive customer base.

Suzano Projects $175 Million in Annual Synergies from Global Tissue Joint Venture
Brazil’s pulp giant Suzano expects to capture $175M in annual savings over three years from its recently closed consumer tissue joint venture with Kimberly-Clark.

Record Number of Diverse Candidates Signals Deepening Political Shift in Brazil’s 2026 Election
The 2026 Brazil election sees a historic surge in LGBT+, Indigenous, and Quilombola candidacies across all parties.

Brazilian Asset Manager Vinci Partners Falls 3.45% on NASDAQ, Continuing Slump After Weak Earnings
Vinci Partners (VINP), a Brazilian alternative asset manager, saw its stock fall 3.45% to $9.51 as it continues to face pressure after an earnings miss.

US-Brazil Tariff Talks Fail to End Trump-Era 37.5% Tax on Key Brazilian Exports
Brazilian exporters face continued high costs after trade talks with the US failed to remove combined tariffs of up to 37.5%.

Nu Holdings’ Credit Book Faces Test as Brazil’s Election-Fueled Jobs Boom Nears End
Digital bank Nu is exposed to credit risk as Brazil’s low unemployment rate, boosted by election spending, threatens to reverse.

Brazil passes Redata tax exemption to spark AI data center boom
Brazil's Senate has approved the Redata bill, slashing import and manufacturing duties to position the country as Latin America's primary green AI hub.

Brazil Embraer Merges Cybersecurity Unit Tempest With SPX-Backed Vision
Brazilian aircraft manufacturer Embraer and asset manager SPX Capital are merging their cybersecurity units to build a powerhouse with R$ 700 million in revenue.

Brazil Embraer and SPX Capital Merge Cybersecurity Units in Major Deal
Brazilian aircraft maker Embraer and asset manager SPX Capital have agreed to merge their cybersecurity businesses, creating a regional giant with R$ 700 million in revenue.

Brazilian Asset Manager Vinci Compass Shares Fall 3.45% Amid Persistent Earnings Worries
Vinci Compass Investments (VINP) shares fell on the Nasdaq as investors continued to react to concerns about earnings volatility and outflows.

Brazil Projects Record Revenue for 2026, But Debt Load and New Taxes Undercut Fiscal Stability
Brazil forecasts a record R$ 3.24 trillion revenue for 2026, though rising debt and new taxes temper optimism.

Datafolha Poll Shows 57% of Brazilian Voters Decided Early, Signaling Deep Polarization
New Datafolha polling reveals an unusually high level of voter determination ahead of Brazil's presidential election, pointing to a highly polarized electorate.

Lula’s 2027 Budget Proposal Commits Billions to Gripen Jets, Nuclear Submarine Project
Brazil's proposed 2027 federal budget allocates R$148 billion for defense, cementing long-term funding for two major strategic military programs.

Brazil Prosecutor General Seeks to Annul Probe That Implicated Top Supreme Court Justice
The head of Brazil’s public ministry, Paulo Gonet, is challenging the legality of an investigation that exposed contacts between a jailed banker and a top STF Justice.

Former Brazil Army Commander Confirms Bolsonaro Proposed Coup Plan to Military Leaders
General Freire Gomes testified that Jair Bolsonaro presented a draft decree to annul the 2022 election.

Brazilian Aerospace Giant Embraer and SPX Capital Forge R$700M Cybersecurity Powerhouse
Embraer and SPX Capital are merging their cybersecurity units to create a Brazilian tech giant with R$700 million in revenue, aiming for international expansion.

Brazil’s Electoral Court Seals Electronic Voting System Code Ahead of 2026 General Elections
Brazil's TSE sealed the source code for its electronic voting systems, completing a key integrity check for the October 2026 election.

Political Crises and Trade Shock Dominate Day in Brazil as EU Halts Meat Imports and Supreme Court Faces Scandal
Brazil’s political stability falters amid a Supreme Court scandal and a tightening election, even as the EU suspends $2 billion in meat exports.

Nubank Solidifies Brazil Status with Full Banking License While Gaining Footing for US National Bank Launch
Brazil’s leading digital bank, Nubank, makes dual regulatory moves to secure its core market and unlock expansion in the US.

Brazil Extends 12% Crude Oil Export Tax for 60 Days, Confirming Fiscal Priority Despite Court Ruling
Brazil’s government extended the 12% oil export tax for 60 days despite a court order to suspend it, maintaining high regulatory risk.

Brazil STF Minister Flávio Dino Voids Key Political Funding Tool Controlled by Party Bosses
Supreme Court Justice Flávio Dino annulled the practice of non-elected party leaders indicating parliamentary amendments, challenging a major source of patronage in Brazilian politics.

Record Number of LGBT+ and Indigenous Candidates Reshape Brazil's 2026 Election Field
Brazil's upcoming general election sees a 57% jump in LGBT+ candidates and a record for Indigenous representation, signaling a profound shift in political recruitment.

Brazil Supreme Court Minister Nullifies Billions in Amendments Directed by Party Bosses
STF Minister Flávio Dino struck down budget allocations decided by non-mandated party leaders, curbing a key source of political patronage.

Brazilian Digital Bank Inter & Co. Shares Climb 3.6% on US Nasdaq Listing
Inter & Co. (INTR) stock surged 3.65% on the Nasdaq, continuing a rebound from recent lows for the Brazilian banking 'super app.'

Brazil’s Real Stability Relies Entirely on Trade Boom as $21 Billion Capital Flight Continues
A massive trade surplus is the sole support for the Brazilian Real, masking a $21.2 billion financial capital flight from the country, Central Bank data shows.

Brazil’s Supreme Court Pauses Final Review of Indigenous Land Demarcation Rules
The STF is weighing motions that determine if compensation rules for non-Indigenous occupants will stall land claims.
Major Wind Blade Maker Aeris Seeks Court Shield From Creditors Over R$1.94 Billion Debt
Brazilian wind blade manufacturer Aeris Energy filed for a 60-day protection period to negotiate a debt restructuring, highlighting the deep crisis in the Brazil wind sector.

Brazil STF Suspends Final 'Marco Temporal' Ruling Over Key Disagreement on Land Compensation
Supreme Federal Court pauses judgment on Indigenous Lands appeals, leaving multi-billion dollar compensation framework on hold.