Cosan’s owner says restructuring process at Raízen, the company’s joint venture with Shell, is underway to reduce debt 05/30/2025 Rubens Ometto Silveira Mello, founder of the Cosan group, said the restructuring process at Raízen, the company’s joint venture with Shell, is underway to reduce debt, and results should become visible in the coming months. The […]
Ten-day deadline set as Congress leans toward overturning financial tax presidential decree 05/30/2025 Amid threats from Congress to overturn the presidential decree raising the Financial Transactions Tax (IOF), Lower House Speaker Hugo Motta (Republicans Party) gave the federal government a ten-day deadline on Thursday (29) to present an alternative proposal. Mr. Motta […]
Joint venture of Copersucar and Vibra boosts earnings on better price curve, 18% rise in demand, and plans to expand supply base 05/28/2025 Driven by strong demand for hydrous ethanol—the type that competes directly with gasoline—and a more predictable price curve throughout the 2024/25 harvest, Evolua Etanol closed the season in the […]
Sources say airline is now focused on pushing forward reorganization as quickly as possible 05/28/2025 The discussions between Azul and Gol shareholders regarding a potential merger have been put on hold following Azul’s announcement on Wednesday (28) that if filed for Chapter 11 bankruptcy reorganization in the United States, according to sources […]
Mercosur ministers to discuss regional security implications of proposed transcontinental link next week in Argentina 05/23/2025 Brazilian Justice Minister Ricardo Lewandowski warned on Thursday (22) that the Bioceanic Route, a flagship South American integration project, will present significant challenges for local police forces. The potential impacts will be discussed at a meeting […]
Regulatory change takes effect immediately with resolution’s publication; banks had warned of potential funding shortages 05/23/2025 Responding to pressure from financial institutions, Brazil’s National Monetary Council (CMN) has shortened the minimum maturity term for agribusiness credit bills (LCAs) and real estate credit bills (LCIs) from nine to six months. The measure, […]
While the R$31.4 billion budget freeze boosts fiscal credibility, experts say the higher financial transaction tax could deter credit and long-term savings 05/23/2025 Most economists welcomed the government’s decision to freeze R$31.4 billion in expenditures. Still, they expressed concern that the increase in the IOF—Brazil’s Tax on Financial Transactions—could have negative effects […]
New rules require more in-person classes across higher education formats 05/20/2025 After four delays, President Lula signed on Monday (19) the decree establishing the new regulatory framework for distance learning (EAD) in higher education. The changes will also affect hybrid and in-person learning, reshaping the entire sector. Institutions will have two years to comply. The […]
Stock market slump and new litigation funders fuel surge in cases 05/20/2025 Legal disputes involving publicly traded companies in Brazil are on the rise as more businesses struggle financially due to the prolonged period of high interest rates and the emergence of specialized firms funding lawsuits through alternative investments. A key factor behind the trend […]
Temporary bans follow detection of H5N1 in commercial flock in Montenegro, Rio Grande do Sul 05/20/2025 Brazil’s poultry exports have been suspended to at least 17 countries after the detection of a highly pathogenic avian influenza (H5N1) outbreak in a commercial breeding farm in Montenegro, Rio Grande do Sul. The Ministry of Agriculture […]