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February 6, 2024
SAO PAULO (Reuters) - Daimler Truck said on Tuesday it will launch its first truck rental business in Brazil, where the vehicle leasing market is expanding.
February 2, 2024
SAO PAULO (Reuters) -Sugar and ethanol firm Raizen and Chinese automaker BYD are joining forces to create a network of 600 charging stations for electric vehicles (EVs) in eight Brazilian cities, the companies said on Friday. The firms aim to meet expe...
January 30, 2024
Brazilian planemaker Embraer reported on Tuesday deliveries of 75 jets in the fourth quarter, making both its executive jets and commercial business slightly miss the full-year guidance. ...
January 30, 2024
SAO PAULO (Reuters) -Brazilian planemaker Embraer reported on Tuesday deliveries of 75 jets in the fourth quarter, making both its executive and commercial jets slightly miss the full-year delivery guidance. Commercial aircraft delivered in the quarter reached 25 units, taking the yearly figure to 64, also below Embraer's guidance of between 65 and 70. Embraer, the world's third-largest planemaker behind Boeing and Airbus, said it "continues to face supply chain delays which hav...
January 29, 2024
SAO PAULO, Jan 29 - Moodys Investors Service upgraded the debt ratings of Brazilian planemaker Embraer by one notch, to Ba1 from Ba2, while keeping its outlook stable. ...
January 25, 2024
By Peter Frontini SAO PAULO (Reuters) - Brazil's instant payment system Pix will account for more than 40% of the country's online purchases by 2026, a study by fintech Ebanx released on Thursday showed. The widely popular tool, launched by the cou...
January 24, 2024
SAO PAULO, Jan 24 - General Motors is set to invest 7 billion reais in Brazil between this year and 2028, the firm said on Wednesday, in a bid to boost...
January 24, 2024
Brazilian oil company Petrobras said on Wednesday it had notified the countrys energy policy council it would exercise its preferential rights to acquire the Jaspe oil block. The...
January 23, 2024
Brazilian President Luiz Inacio Lula da Silva on Tuesday offered cooperation to his Ecuadorian counterpart Daniel Noboa to boost security amid escalating violence in the Andean country.... -January 23, 2024 at 01:49 pm EST - MarketScreener
January 23, 2024
In a phone call, Lula said Brazil was willing to help Ecuador through cooperation in intelligence and security, according to a statement from the presidential palace. Noboa took power in November and pledged to curb violence, which has been on the rise since the pandemic.