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369 results for “Oi

Brazil Authorities Seize R$100 Million in Assets, Including Crypto, in Major Smuggling and Money Laundering Crackdown
Tech3h ago

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.

Petrobras to Drill Three More Equatorial Margin Wells After Securing IBAMA Approval
PROMarkets3h ago

Petrobras to Drill Three More Equatorial Margin Wells After Securing IBAMA Approval

Brazil's state-owned oil company, Petrobras, has secured environmental approval to drill three new exploratory wells in the Foz do Amazonas basin, opening a high-stakes energy frontier.

Petrobras Pushes for Amazon Mouth Drilling Start in January Despite Court Challenge from Federal Prosecutors
PROMarkets5h ago

Petrobras Pushes for Amazon Mouth Drilling Start in January Despite Court Challenge from Federal Prosecutors

Brazil’s state-controlled oil company plans to proceed with a new phase of exploration in the Foz do Amazonas basin after Ibama approval, even as federal prosecutors seek an injunction.

Brazil’s Diesel Shortage Risk Rises as Petrobras Price Gap Hits R$ 3.89
Markets11h ago

Brazil’s Diesel Shortage Risk Rises as Petrobras Price Gap Hits R$ 3.89

The growing price difference between Petrobras’ diesel and the international market has stalled private imports, threatening a shortage during Brazil’s critical planting season.

Regulatory Void in Brazil’s ReData Tax Program Freezes Pricing of Data Center Debt
PoliticsSep 21

Regulatory Void in Brazil’s ReData Tax Program Freezes Pricing of Data Center Debt

Institutional investors are delaying risk assessment on infrastructure debentures for data centers until the Brazilian government finalizes key regulations for the newly approved ReData tax incentive regime.

Brazil’s High Selic Rate Drives Institutional Interest in Fixed-Rate ETFs for Capital Gains
InvestingSep 21

Brazil’s High Selic Rate Drives Institutional Interest in Fixed-Rate ETFs for Capital Gains

Major Brazilian institutions are pointing clients to fixed-rate bond ETFs, a play on falling interest rate expectations.

Petrobras CFO Solidifies Shift, Prioritizing $109 Billion Investment Over Extraordinary Dividends
PROInvestingSep 21

Petrobras CFO Solidifies Shift, Prioritizing $109 Billion Investment Over Extraordinary Dividends

Brazil's state-controlled oil giant is directing excess cash towards long-term growth and debt reduction, signaling a new capital allocation era.

Sigma Lithium Jumps 12.3% as Investors Look Past Legal Noise to Brazilian Production
NASDAQSep 21

Sigma Lithium Jumps 12.3% as Investors Look Past Legal Noise to Brazilian Production

Brazilian lithium producer Sigma Lithium (SGML) stock surged today as investors shrugged off recent legal challenges to focus on its operational stability.

Federal Prosecutors Seek to Suspend Petrobras’ Amazon Oil Discovery License
PROPoliticsSep 20

Federal Prosecutors Seek to Suspend Petrobras’ Amazon Oil Discovery License

Brazil’s Federal Public Ministry is challenging Petrobras’s license for the Morpho well, citing a failure to consult Amazon traditional communities.

Presidential Candidate Caiado Targets Congressional Power, Proposes Zeroing Mandatory Spending for Selic Rate Cut
PROPoliticsSep 20

Presidential Candidate Caiado Targets Congressional Power, Proposes Zeroing Mandatory Spending for Selic Rate Cut

Brazilian presidential hopeful Ronaldo Caiado is proposing radical fiscal austerity, including eliminating mandatory congressional spending amendments, to drive Brazil's Selic rate down to 7%.

Brazil’s Tax Reform Forces Small Businesses to Make High-Stakes Dual VAT Choice
PoliticsSep 20

Brazil’s Tax Reform Forces Small Businesses to Make High-Stakes Dual VAT Choice

Companies in Brazil's Simples Nacional regime have until the end of September 2026 to choose their model for the new dual VAT (IBS/CBS), a critical decision for their B2B competitiveness.

Brazil's Small Businesses Face Critical VAT Choice to Avoid Supply Chain Exclusion
PoliticsSep 20

Brazil's Small Businesses Face Critical VAT Choice to Avoid Supply Chain Exclusion

Micro and small firms in Brazil's Simples Nacional regime have until September 30 to choose a VAT model that determines their competitiveness under the new consumption tax.

Petrobras Pressures Lula Government to Block Regulator’s Natural Gas Competition Plan
PROMarketsSep 19

Petrobras Pressures Lula Government to Block Regulator’s Natural Gas Competition Plan

Brazil's state-controlled oil company Petrobras is lobbying the government to stop the ANP regulatory agency's plan to mandate competition in the natural gas sector, raising governance concerns.

Lula Avoids Supreme Court Crisis Topic at UN as Institutional Tensions Fuel Brazil’s Political Risk
PROMarketsSep 19

Lula Avoids Supreme Court Crisis Topic at UN as Institutional Tensions Fuel Brazil’s Political Risk

President Luiz Inácio Lula da Silva will exclude Brazil's deepening judicial crisis from his UN speech, classifying the STF conflict as an internal matter.

Itaú BBA Initiates Coverage on Brazil’s Log Commercial Properties, Citing “Asset Recycling” as Key Driver
Small CapsSep 19

Itaú BBA Initiates Coverage on Brazil’s Log Commercial Properties, Citing “Asset Recycling” as Key Driver

Itaú BBA initiated coverage of Brazilian logistics real estate developer Log Commercial Properties (LOGG3) with an "Outperform" rating, pointing to the company's asset recycling strategy as its primary growth mechanism.

Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion
MarketsSep 19

Petrobras Price Hike Fully Absorbed by New Diesel Subsidy, Total Government Fuel Aid Nears R$10 Billion

Brazil's state-controlled oil company raised diesel prices by R$1.00/liter, but a new government subsidy immediately offset the increase.

Brazil's Sovereign Risk Hits Lowest Level Since Pre-Pandemic Era
PROPoliticsSep 19

Brazil's Sovereign Risk Hits Lowest Level Since Pre-Pandemic Era

The cost of insuring Brazil’s sovereign debt has fallen to 110.62 basis points, the lowest level since February 2020, signaling greater foreign investor confidence.

Brazil’s Environmental Agency Approves Three New Petrobras Wells in R$7 Trillion Equatorial Margin
PoliticsSep 19

Brazil’s Environmental Agency Approves Three New Petrobras Wells in R$7 Trillion Equatorial Margin

Brazil’s environmental regulator, IBAMA, authorized Petrobras to drill three new exploratory wells in the sensitive Equatorial Margin, a region President Lula views as a crucial economic frontier.

Dry Soil Halts Soybean Planting in Critical Brazil Regions as El Niño Effect Takes Hold
PROAgroSep 18

Dry Soil Halts Soybean Planting in Critical Brazil Regions as El Niño Effect Takes Hold

A dry spell in Goiás and Bahia, with one region seeing no rain in a week, is threatening to delay the start of the 2026/27 Brazil soybean planting season.

Lula Declares Equatorial Margin the 'New Pre-Salt,' Framing Oil Push as Defense Against US Interest
MarketsSep 18

Lula Declares Equatorial Margin the 'New Pre-Salt,' Framing Oil Push as Defense Against US Interest

Brazil's President Luiz Inácio Lula da Silva compared a new offshore oil frontier to the massive Pre-Salt reserves, tying exploration to national sovereignty and US politics.

Petrobras Pressures Brazilian Government to Halt Gas Market Liberalization Program
PROMarketsSep 18

Petrobras Pressures Brazilian Government to Halt Gas Market Liberalization Program

State-owned oil giant Petrobras is resisting the regulator’s plan for compulsory gas sales, raising regulatory risk for Brazil's energy sector.

Brazil’s Supreme Court Distrust Hits Record 48% Amid Election and Ethics Scandal
PROPoliticsSep 18

Brazil’s Supreme Court Distrust Hits Record 48% Amid Election and Ethics Scandal

A new Datafolha poll shows distrust in Brazil’s Supreme Federal Court has reached an all-time high as the institution is embroiled in a heated internal feud and an election-related financial scandal.

Lula Escalates Sovereignty Rhetoric Over Brazil's 'New Pre-Salt' Oil Frontier
PROMarketsSep 18

Lula Escalates Sovereignty Rhetoric Over Brazil's 'New Pre-Salt' Oil Frontier

Brazil's President Lula is framing the development of the Equatorial Margin oil reserves as a crucial test of national sovereignty and a defense against foreign interests.

Lula Links New Equatorial Margin Oil Frontier to Sovereignty, Warning of US Interest
PROPoliticsSep 18

Lula Links New Equatorial Margin Oil Frontier to Sovereignty, Warning of US Interest

President Luiz Inácio Lula da Silva called the Equatorial Margin a potential "new pre-sal," framing the exploration push by Petrobras as a defense of Brazilian sovereignty against perceived US interest.

Petrobras Challenges Regulator’s ‘Gas Release’ Plan, Threatening Brazil’s Market Liberalization
PROMarketsSep 18

Petrobras Challenges Regulator’s ‘Gas Release’ Plan, Threatening Brazil’s Market Liberalization

Brazil's state-owned oil giant Petrobras is actively pushing back against the ANP's proposal for mandatory gas sales, a move that could derail the country's years-long effort to reduce high industrial energy costs and introduce competition.

Brazil Election's Stark Choice: Privatization Versus State Control of National Assets
PROPoliticsSep 18

Brazil Election's Stark Choice: Privatization Versus State Control of National Assets

With a month until the first-round vote, Brazil's presidential election presents a sharp divergence on the future ownership of state-controlled firms and the direction of fiscal policy.

Brazil’s Dual VAT Reform Kicks Off Operational Test Phase, Forcing All Companies to Adapt Systems in 2026
PROPoliticsSep 17

Brazil’s Dual VAT Reform Kicks Off Operational Test Phase, Forcing All Companies to Adapt Systems in 2026

Brazilian companies must begin implementing system changes for the new dual VAT (CBS/IBS) in 2026, marking the start of a lengthy, mandatory operational transition for the landmark tax reform.

Brazil’s Petrobras Expands Global Exploration with Eight Offshore Blocks in Ivory Coast
MarketsSep 17

Brazil’s Petrobras Expands Global Exploration with Eight Offshore Blocks in Ivory Coast

Brazil’s state-controlled oil giant Petrobras signed production-sharing contracts for eight exploratory blocks off the coast of Côte d'Ivoire, securing a new deepwater exploration frontier.

Brookfield Deepens Brazil Infrastructure Bet with $270M Logistics Buy and $1B Data Center Capital Raise
NASDAQSep 17

Brookfield Deepens Brazil Infrastructure Bet with $270M Logistics Buy and $1B Data Center Capital Raise

Brookfield confirms a R$1.4 billion acquisition of Brazilian logistics parks while its joint venture, Ascenty, seeks a new partner to raise US$1 billion for data center expansion.

Brazil Supreme Court Postponement Turns Corruption Crisis Into Key Election Flashpoint
PoliticsSep 17

Brazil Supreme Court Postponement Turns Corruption Crisis Into Key Election Flashpoint

Brazil’s Supreme Court deferred a decision on a corruption probe into Justice Alexandre de Moraes until after the October election, injecting institutional crisis into the tight Lula-Bolsonaro race.