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25 results for “AGU”

Brazil Authorities Seize R$100 Million in Assets, Including Crypto, in Major Smuggling and Money Laundering Crackdown
A joint operation by Brazil's Federal Revenue and Federal Prosecutors' Office targeted a criminal organization that allegedly used cryptocurrencies to launder R$300 million from smuggling Arabian perfumes from Paraguay.

Supreme Court Justice André Mendonça Accuses Colleague Alexandre de Moraes of 'Distorting' Police Reports in Deepening Institutional Crisis
An open war between two Supreme Court Justices in Brazil is escalating, with Justice Mendonça filing a motion that accuses Justice Moraes of using distorted Federal Police reports against him.

Lula’s R$691 Welfare Hike Faces Constitutional Showdown as Audit Court Prosecutor Seeks Suspension
Brazil's Attorney General has asked the Supreme Court to validate a 15.04% increase to the Bolsa Família program after the Federal Audit Court's prosecutor challenged the measure as fiscally irresponsible.

Public Infighting Among Justices Exposes Deep Crisis in Brazil Supreme Court Ahead of Election
Justices Flávio Dino and President Edson Fachin publicly clashed over procedural rules during a high-stakes corruption hearing focusing on colleague Alexandre de Moraes.

Supreme Court Crisis Amplifies Election Risk as Dino Delays Decision on Moraes Probe
A request for review by Brazil Supreme Court Minister Flávio Dino has paused a key investigation into colleague Alexandre de Moraes, delaying a decision until after the October presidential election.

Brazil’s VAT Transition Plagued by Compliance Delays, Increasing Implementation Risk for Foreign Companies
Technical and administrative adjustments to Brazil's new VAT system are causing compliance delays, with a key electronic invoicing deadline postponed to December.

Brazil’s Presidential Candidates Lack Concrete Fiscal Plans to Tame 82% of GDP Debt
The election platforms of Luiz Inácio Lula da Silva and Flávio Bolsonaro offer vague solutions to Brazil's surging public debt, raising fears of post-election austerity.

Brazil’s Supreme Court Crisis Deepens as Justices Set to Vote on Investigating Colleague Alexandre de Moraes
STF President Edson Fachin called an extraordinary session for September 15 to decide on a formal investigation into Justice Alexandre de Moraes.

Brazil’s AGU Challenges STF Minister’s Order Removing Federal Police Director in New Institutional Crisis
The Attorney General's Office asked the Supreme Court President to suspend a minister's order removing the Federal Police chief.

Brazil Presidential Candidate Vows Vague ‘Adaptations’ to Widely Used PIX Payment System
Augusto Cury, a leading presidential candidate, promised to alter PIX, fueling uncertainty in the country's multi-billion dollar fintech sector.

Brazil Supreme Court Chief Steps In as Justices War Over Probe Implicating Colleague
An institutional crisis at Brazil's Supreme Federal Court escalates as two powerful justices trade accusations over the 'Master Case' financial probe.

Brazil’s High Interest Rates to Persist as Election Campaigns Fail to Detail Fiscal Adjustment
Presidential candidates' vague economic plans increase sovereign risk, forcing the Central Bank to hold Brazil’s Selic rate high.

ANVISA Revokes Ban, Clearing Path for Mercado Livre, iFood to Enter Brazil’s $4 Billion Digital Pharmacy Market
Brazil's health regulator ANVISA revoked measures blocking medicine sales on marketplaces, opening a R$20 billion e-commerce front.

Lula Reinforces Stance on Tech Regulation: 'Freedom of Expression Has Limits'
President Lula's comments and the AGU's move to suspend Discord heightens regulatory risk for Big Tech in Brazil, reinforcing platform liability.

HGBS11 Secures 100% Control of Shopping Mall Asset in R$ 216.3 Million Deal at 9% Implied Cap Rate
Hedge Brasil Shopping FII (HGBS11) is set to acquire the remaining 75% of Shopping Jaraguá Araraquara for R$ 216.3 million, granting full control.

Shopping Mall FII HGBS11 Pays R$ 216.3M to Secure 100% Control of Araraquara Asset
The Hedge Brasil Shopping FII (HGBS11) agreed to acquire the remaining 75% of Shopping Jaraguá Araraquara at a 9% Cap Rate.

'Bomb Cyclone' Threatens Southern Brazil Grain Logistics, Winter Crops; Inmet Issues Danger Alert
An Inmet 'danger' alert for a 'bomba cyclone' from August 6-8 puts Brazilian grain logistics and winter wheat crops in Rio Grande do Sul and Paraná at high risk.

Pague Menos Posts Record 6.5% EBITDA Margin for Q2 2026, But Financial Costs and SSS Slowdown Temper Net Income Growth
Brazilian pharmacy chain Pague Menos (PGMN3) hit a record operational margin in 2Q26, though rising financial expenses and slower same-store sales growth limited net income.

Pague Menos Posts Record 6.5% EBITDA Margin Despite Sales Miss, Driven by Efficiency Gains
Brazilian pharmacy chain Pague Menos (PGMN3) achieved a record 6.5% adj. EBITDA margin in Q2 2026, defying a 9.3% sales miss.

Brazil’s TSE/AGU AI Rules Create Critical Compliance Risk for Digital Platforms Ahead of 2026 Vote
Brazil's TSE and AGU partnered to issue AI guidelines, making content identification mandatory and increasing legal risk for platforms.

Pague Menos Posts Record 6.5% EBITDA Margin and Cuts Financial Leverage to 1.8x in Q2 2026
Pague Menos (PGMN3) reported a record 6.5% Adjusted EBITDA margin, driving net income up 22.2% in Q2, while leverage dropped for the 12th consecutive quarter.

Pague Menos Posts Record 6.5% EBITDA Margin on Extrafarma Synergies, Surpasses R$1 Billion in Digital Sales
Brazilian pharmaceutical retailer Pague Menos (PGMN3) reports strong 2Q26 earnings, driven by integration success and digital growth.

Chicago Soybean Rally and Chinese Demand Lift Brazilian Prices
CBOT soybean futures surge on US weather fears and Chinese buying, driving Brazilian physical prices to R$ 141.00 per bag and boosting trading liquidity.

Mercado Livre Ozempic Deal Sparks Overdone Drugstore Selloff
Brazilian pharmacy stocks RD Saúde and Pague Menos fell on Mercado Livre's Mexican GLP-1 deal, but analysts say strict domestic regulations protect local players.

Brazilian Soy Prices Climb on Chicago Rally as Farmers Hold Crop
Brazilian physical soy prices rose to R$ 136.00 per saca at major ports, driven by US heatwave concerns, while cautious farmer selling slows local liquidity.