Search
248 results for “NU”

Brazil Congress Passes Broad Fuel Tax Relief, Using Oil Windfall to Stabilize Energy Prices
Brazil's Senate approved a bill cutting federal taxes on fuels, funded by an R$28 billion oil royalty windfall.

Speculators Bet Big on Higher Soybean Prices, Signaling Strong Revenue for Brazilian Agribusiness
Large speculators hold a massive net-long position in soybean futures, signaling an expectation of rising prices that directly benefits Brazil, the world's top exporter.

Brazil Central Bank Minutes Reveal Hawkish Stance Despite Selic Rate Cut to 14.00%
Brazil's central bank delivered a rate cut but signaled a deeply cautious outlook, stressing inflation is still driven by demand.

Foreign Capital Exodus From B3 Signals Global Chill on Brazil Equities
Foreign investors pulled R$ 5.55 billion from the B3 stock exchange in the first week of August, continuing a capital flight driven by high Selic rates and global fund reallocation to US tech.

JBS Names Founder's Grandson Wesley Batista Filho as Global CEO, Signaling Family Return to Top Spot
The world's largest meatpacker, JBS (JBSS3), announced Wesley Batista Filho will take over as Global CEO in January 2027, a planned return of the founding family to the chief executive role.

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.

Brazilian Q2 Earnings Season Closes With JBS and Embraer in Focus
Brazil's Q2 earnings season wraps up with reports from meatpacker JBS, aerospace manufacturer Embraer, and holding company Itaúsa in focus.

Dual-Inflation Week to Test Brazil’s Interest Rate Path as Copom Minutes, IPCA Land
Brazil's Selic rate outlook faces a critical test this week with domestic and US inflation data releases.

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.

Selic Trajectory to Be Set by Double Release: Brazil’s Copom Minutes and IPCA Inflation Due
Brazil's Selic rate path hangs on Tuesday's release of Copom Minutes and July IPCA data, defining the outlook for policy easing.

Presidential Candidate Caiado Promises Amnesty for Jan 8 Convicts, Raising Brazil’s Institutional Risk
PSD candidate Ronaldo Caiado's pledge to grant amnesty to January 8 convicts introduces major political uncertainty.

Brazil’s Central Bank Minutes and Inflation Data Set Up Volatile Week for Markets
Investors await twin reports Tuesday: Copom minutes on the Selic rate path, and July’s IPCA inflation data.

Price Collapse Squeezes Brazilian Agribusiness GDP Share Despite Record Harvests
Brazil's agribusiness share of national GDP is projected to fall to 22.8% from 25.2% as lower commodity prices annul volume gains, signaling margin pressure.

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.

Federal Police Indicts Ex-Lula Appointee in R$6.3 Billion INSS Fraud Probe
The indictment of former INSS President Alessandro Stefanutto for organized crime and corruption raises significant Brazil governance risk under the Lula administration.

Porto Seguro’s ROAE Falls as R$867 Million Credit Loss Surge in Porto Bank Mars Strong Revenue Growth
PSSA3 reported a mixed Q2 2026, with a 66.7% surge in credit losses from its Porto Bank unit offsetting 10.4% total revenue growth.

Porto Seguro’s Porto Bank Credit Arm Profit Plunges 32.5% on Spiking Losses
Porto Seguro (PSSA3) Q2 net income was flat despite strong revenue, as a 66.7% spike in credit losses at Porto Bank signaled rising risk.

Former INSS President Stefanutto Indicted in R$6.3 Billion Fraud Probe, Raising Brazil Political Risk
Federal Police indicted former INSS President Alessandro Stefanutto in the R$6.3 billion 'Operation Sem Desconto' social security fraud, increasing political and governance risk for investors.

US Tariffs Deepen Structural Headwind as Brazilian Exports to US Drop 12.2%
Trade data shows US imports from Brazil fell 12.2% year-to-date, with the new 25% tariff targeting manufactured goods like WEG and pressuring the Real.

Wiz Co Q2 Earnings Drop on Regulatory Headwinds, Consignado Loan Volume Suppression
Brazilian insurtech Wiz Co (WIZC3) net revenue ex-commissions dropped 18% YoY, pressured by 'consignado' market regulation.

Brazil Crypto Hold Proposal Threatens Digital Asset Competitiveness
The Central Bank of Brazil's proposed 24-hour hold on crypto transfers over $10,000 sparks industry backlash over fintech competitiveness and liquidity.

Sigma Lithium Shares Drop 4.95% to $10.55 Ahead of Critical Q2 Earnings Report
Brazilian lithium miner Sigma Lithium (SGML) fell sharply today, continuing a trend of weakness before its Q2 2026 results.

Nubank Alumni Raise Record $85M Seed Round for AI Wealth Manager Decade, Signaling VC Confidence in Brazil Fintech
Former Nubank CTO Vitor Olivier and Hyperplane founder Felipe Meneses secured the largest seed funding in LatAm history for Decade, their AI-first wealth advisory platform.

Sigma Lithium Surges 6.12% on Continued Momentum from Operational Beats, Financing Wins
SGML shares climb on successful Phase 2 financing, production beat, and debt reduction, following a series of de-risking announcements.

Itaú Shares Drop as Robust Q2 Profit Hides Full-Year Service Revenue Guidance Cut
Itaú Unibanco reported a strong R$ 12.4 billion Q2 recurring profit, but a surprise cut to its fee income forecast weighed on the B3 stock.

EU Veto on Brazilian Protein Starts Sept. 3, Putting US$2 Billion in Exports at Risk; Two-Year Recovery Seen for Beef
The EU formalized a ban on Brazilian animal proteins effective September 3rd, threatening up to $2 billion in annual exports.

Creditas’ AI-First Strategy Drives Record Origination, Narrowing Operating Loss to R$33.7 Million
Brazilian fintech Creditas posted strong Q2 2026 results, powered by AI efficiency that accelerated revenue and significantly narrowed its operating loss.

Itaú Unibanco’s Core Lending Power, 24.3% ROE Overshadow Service Revenue Guidance Cut in Q2
Itaú reported R$ 12.4B recurring net income and a 24.3% ROE, but cut its fee revenue growth forecast, causing ITUB4 shares to dip.

Ex-Nubank CTO Secures Latin America’s Largest Seed Round for AI Wealth Tech
Decade, founded by former Nubank CTO Vitor Olivier, raised an $85 million seed round to build an AI wealth management platform, validating investor interest in Brazil's fintech sector.

EU Ban on Brazilian Meat Imports Threatens $2 Billion in Exporter Revenue
EU's September 3 ban on Brazilian beef, poultry, and honey over antimicrobial use puts up to $2 billion in annual exports at risk.