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A new law allowing soccer clubs in Brazil to seek outside investment is attracting hundreds of millions of dollars to a country renowned as soccer's biggest source of talent, a change that could see Brazilian teams rival Europe's top tier.
Brazil's homebuilder MRV&co reported on Monday that the value of fourth-quarter project launches jumped 52.4% from a year earlier while sales rose 18%, led by AHS Residential, the group unit in... | January 17, 2022
7 Min Read SAO PAULO (Reuters) - Owning their first home on the outskirts of Sao Paulo felt like a distant dream when tattoo artist Fernando do Prado and pharmacist Jenifer Ferreira got engaged in January. A construction project is seen in Rio de Janeiro, Brazil November 28, 2020. REUTERS/Pilar Olivares They soon realized, however, that it was within reach if they used their savings as a deposit, with mortgage payments for a similar sized apartment on the edge of South America’s biggest city costing less than half the equivalent monthly rent. “It meant a lot for us to start our lives toge...