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Brazilian President Luiz Inacio Lula da Silva on Monday welcomed 32 nationals that his government managed to rescue from the Gaza Strip this week following a month of negotiations, receiving them at the Brasilia Air Base after a nearly day-long flight. The Brazilians crossed the Rafah border between Gaza and Egypt on Sunday and were taken to Cairo, where this morning they boarded an Embraer presidential airplane loaned by Lula and traveled to Brazil via Las Palmas, Spain. Lula greeted passengers with hugs and kisses after their arrival late on Monday evening, offering his support to Brazilia...

(Reuters) - Brazil's Nubank on Tuesday reported record revenue for the second quarter as the Warren Buffett-backed digital banking firm logged a surge...

The Brazilian lender has been so far insulated from the downturn in the global banking industry as consumers in the key domestic Latin American market continued to gravitate towards its core products, including credit cards. "In Brazil, our growth trajectory continues, as one in every two adults is a Nu customer, and we have become the fourth largest financial institution in the country in number of customers," said founder and CEO David Vélez in a statement. Nubank added 4.6 million customers in the quarter ended June 30, reaching a total of 83.7 million customers globally, r...

The Brazilian lender has been so far insulated from the downturn in the global banking industry as consumers in the key domestic Latin American market continued to gravitate towards its core products, including credit cards. "In Brazil, our growth trajectory continues, as one in every two adults is a Nu customer, and we have become the fourth largest financial institution in the country in number of customers," said founder and CEO David Vélez in a statement. Nubank added 4.6 million customers in the quarter ended June 30, reaching a total of 83.7 million customers globally, r...

Brazil's Nubank on Tuesday reported record revenue for the second quarter as the Warren Buffett-backed digital banking firm logged a surge in new customers. The Brazilian lender has... -August 15, 2023 at 05:06 pm EDT - MarketScreener