Investigators say Daniel Vorcaro failed to provide new evidence that would justify benefits such as release from jail 05/21/2026 Brazil’s Federal Police rejected on Wednesday (20) the plea bargain proposal submitted by former banker Daniel Vorcaro, owner of Banco Master. Valor learned that investigators believe the probes are already advanced and that […]
Argentine pharmaceutical group acquires 90% stake in Brazilian company; Omilton Visconde Junior retains a 10% stake and remains CEO 05/20/2026 Shareholders of Elea, one of Argentina’s largest pharmaceutical companies, finalized this week the acquisition of Cellera Farma, Brazil’s youngest domestically controlled drugmaker, marking their entry into the Brazilian market and the start […]
Rapporteur prepares three drafts with transition periods of two, three and four years, as business-impact measures remain under discussion 05/20/2026 The rapporteur for the proposed constitutional amendment that would end Brazil’s six-day workweek with one day off, lawmaker Leo Prates (Republicans Party, Bahia) has completed three versions of his report and will […]
Auditors see possible flaws in risk analysis behind R$12 billion financing 05/18/2026 The technical staff of Brazil’s public spending watchdog (TCU) believes there may have been irregularities in the Treasury’s decision to guarantee a loan to the state-run postal company Correios and wants to determine the government’s responsibility for the operation that provided financial […]
Costs surge after Middle East war, forcing carriers to trim 93 daily flights in May so far and focus on more profitable routes 05/18/2026 The surge in oil prices triggered by the war in the Middle East has led airlines in Brazil to draw up a survival plan for the coming months. Jet […]
Study says Brazil could expand further through hotpot chains and digital retailers 05/18/2026 The main segment currently served by Brazilian beef exports in China is the food service industry. Brazilian product is already estimated to account for more than 60% of the beef used in casual dining restaurants, fast-food chains, and hotpot restaurants, according […]
Rising demand for hybrid, electric vehicles boosts imported car sales, pressures domestic auto industry 05/11/2026 As Brazilian consumers show growing interest in hybrid and electric cars, most automakers producing locally are losing market share. All of them aim to enter the electrification era and reclaim their leading role in the industry. For now, […]
Analysts say Central Bank is buying time after oil shock, but strategy may prove costly if inflation expectations keep drifting higher 05/11/2026 The Central Bank’s Monetary Policy Committee (COPOM) delivered an unusual decision in late April, cutting the Selic base rate by 25 basis points even as its inflation forecasts deteriorated for the […]
Government’s budget proposal projects delayed stabilization of debt burden 05/11/2026 Debt projections presented by Brazil’s federal government in its annual budget guidelines proposal will be scrutinized by the country’s public spending watchdog, according to people familiar with the matter. The assessment inside Brazil’s Federal Court of Accounts, known as the TCU, is that […]