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Federal Police Bust R$200 Million Clandestine FX Ring Centered in São Paulo
PoliticsAug 20

Federal Police Bust R$200 Million Clandestine FX Ring Centered in São Paulo

Brazil's Federal Police launched "Operation Dark Exchange," dismantling a ring that moved R$200 million via an unauthorized currency market.

Sigma Lithium Stock Drops 4.2% Despite Production Beat, Brazilian Operational Risks Overshadow Results
NASDAQAug 14

Sigma Lithium Stock Drops 4.2% Despite Production Beat, Brazilian Operational Risks Overshadow Results

Shares in the Brazil-focused lithium producer SGML fell 4.15% after its Q2 earnings, with local regulatory risk weighing on investor sentiment.