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175 results for “VAT”

Brazil Health Agency Recalls Suinco Pork Loin Over Illegal Preservative Levels
Anvisa ordered a recall of Canadian-style Pork Loin from cooperative Suinco, citing excess nitrites and nitrates that pose a health risk.

Flávio Bolsonaro Leads Lula by Wide Margin in Brazil’s Agro-business Heartland, Signaling Conservative Strength
A new poll shows Flávio Bolsonaro leading in the key agricultural state of Mato Grosso, underscoring Brazil's deep political divide.

Romeu Zema Offers Pro-Market Alternative in Fragmented Brazil Election with Aggressive Privatization Push
Romeu Zema's presidential bid, backed by the Novo Party, is distinguished by its aggressive plan to privatize federal giants like Petrobras and Banco do Brasil.

OAS Confirms Fifth Observation Mission for Brazil’s 2026 General Elections, Boosting Validation
The OAS signed an agreement with the Brazilian government to send an EOM for the October 2026 elections, mitigating political risk.

Brazil’s Central Bank Pressures State-Owned BRB Bank Over R$ 6.6 Billion Fraud Loss
Central Bank demands capital action from BRB after a massive fraud, while the political liability risks liquidation or privatization.

Massive R$5.4 Billion Loss Revives Privatization Debate for Brazil’s Postal Service Correios
Preliminary figures show Brazil's state-owned Correios lost R$5.4 billion in H1 2026, driven by new e-commerce tax policy.

Brazil Postal Giant Correios Posts R$ 5.4 Billion H1 Loss
Brazil's state-owned postal service Correios posted a R$ 5.4 billion loss in the first half of 2026, reigniting debate over privatization and fiscal reform.

Fitch Upgrades Rio de Janeiro Credit Rating to Highest 'AAA(bra)'
Fitch Ratings has elevated the City of Rio de Janeiro's national credit rating to the highest possible level, signaling a major fiscal turnaround.

Presidential Candidate Zema Puts Brazil’s Full Privatization on the Table, Targeting Petrobras, Federal Banks
Former Minas Gerais Governor Romeu Zema proposes the full privatization of all federal state-owned companies, including Petrobras and the major federal banks, as a central pillar of his presidential campaign.

OAS Finalizes Agreement to Send 90-Specialist Mission to Monitor Brazil’s October Elections
The Organization of American States will deploy its fifth Electoral Observation Mission to Brazil’s 2026 General Elections, reinforcing international scrutiny.

Global Stablecoin Platform Yellow Card Enters Brazil with $40 Million Backing Amid Regulatory Tightening
Stablecoin infrastructure provider Yellow Card is expanding into Brazil, backed by a $40M round, to offer B2B cross-border payments.

Brazilian Asset Manager Patria Surges on Nasdaq Following Strong Earnings and Insider Buying
Patria Investments, a major Brazilian private equity firm, saw its stock surge 4.68% as the market digests its recent strong Q2 earnings and dividend hike.

Brazilian Asset Manager Patria Investments Stock Surges on Momentum from $1 Billion Mandate
Patria Investments (PAX) stock jumped 4.68% to $11.63, driven by recent strong earnings and a major $1 billion client mandate.

Brazil Activates New 'Trade War' Law in Response to Escalating U.S. Tariffs
Brazil is formally initiating a process under its Economic Reciprocity Law to retaliate against new U.S. Section 301 tariffs.

Brazil’s Patria Investments Surges on Nasdaq as Market Digests Strong Earnings Momentum
Alternative asset manager Patria Investments (PAX) jumped 4.68% as investors reassessed the firm's strong Q2 results and long-term targets.

Brazil Formally Invokes Reciprocity Law to Challenge US Tariffs on Grounds of Sovereignty
Brazil has activated a new economic retaliation law against significant US tariffs, citing American interference with its Pix payment system and judiciary.

US Authorizes Offensive Cyber Operations Targeting Transnational Criminal Organizations, Including Brazil's PCC and Comando Vermelho
A new US National Security Presidential Memorandum allows private companies to conduct offensive cyber operations against foreign criminal groups like Brazil's PCC and CV.

Ideological Split: Ricardo Salles’s Senate Bid Fractures Brazil’s Right in Key São Paulo Race
Former Minister Ricardo Salles is challenging Governor Tarcísio de Freitas’s slate, threatening to split the conservative vote in Brazil’s largest state.

Assaí Denies Merger Talks with Private Giant Grupo Muffato as Strategic Board Maneuver Deepens Sector Speculation
Publicly listed Assaí denied any business combination with Grupo Muffato, but the private retailer's move to gain political rights is escalating Brazilian retail war.

Brazil’s New Credit Program Pits Public Banks Against Private Lenders
Desenrola Adimplentes offers low-cost loans to solvent borrowers, but private banks resist due to profitability concerns.

Brazil Sanitation Investment Hits Record R$29.1 Billion, Validating Private Concession Model
Brazil's sanitation sector saw R$29.1 billion in investment in 2024, its third consecutive record, confirming the commitment to the 2033 universalization goal.

Natura &Co Profit Plunges 92% on Derivatives Costs and Weak Brazil Performance
Brazilian cosmetics giant Natura &Co reported a 92.1% drop in Q2 2026 net income, driven by derivatives losses and operational struggles in its home market.

Natura &Co’s Profit Plummets 92.1% on Massive Financial Headwinds from Derivatives
Brazilian cosmetics giant Natura &Co (NATU3) posted a net profit of R$ 35 million in 2Q'26, missing consensus on higher financial costs related to derivatives and currency effects.

Mercado Livre Launches 'Basics' Private Label, Intensifying First-Party Strategy in Brazil
E-commerce giant Mercado Livre has launched its private label 'Basics' in Brazil, signaling a shift toward higher-margin first-party sales and increased competition for third-party sellers.

Brazil Candidate's Amnesty Pledge Signals Heightened Political Risk
Presidential candidate Ronaldo Caiado's promise of a broad amnesty for January 8 rioters introduces major institutional risk ahead of Brazil's 2026 election.

Brazil Presidential Contender Caiado Vows Day-One Amnesty and Hard Fiscal Overhaul
PSD candidate Ronaldo Caiado promised an amnesty bill for Jan 8 convicts alongside pro-market reforms including fiscal adjustment and privatizations.

Brazil’s Largest Port Advances Concession for Access Channel, Setting New Infrastructure Standard
Auction for Port of Santos channel maintenance will test Brazil's new model to boost port efficiency and private investment.

AWS Commits Up to R$25 Million in Cloud Credits to Fuel Rio de Janeiro’s Pre-Series B Tech Startups
Amazon Web Services and Rio’s City Hall partnered to inject R$25 million in cloud credits and support into 600 local pre-Series B startups.

Brazil’s New Port Concession Model, Tested in Santos, Becomes Blueprint for $1.26 Billion Infrastructure Pipeline
Brazil is pivoting its port infrastructure strategy, adopting a new private concession model that links operator pay to guaranteed navigability.

Caiado Vows January 8th Amnesty as First Act if Elected President, Elevating Brazil Political Risk
PSD presidential candidate Ronaldo Caiado pledged to send an amnesty bill for Jan 8th convicts, injecting high risk into the 2026 election.