Sinopec and Karoon also secure blocs as bidding round reinforces focus on reserve replacement for Brazil’s energy security; five out of seven blocs get bids 10/23/2025 ANP Director-General Artur Watt — Photo: Divulgação The National Agency of Petroleum, Natural Gas and Biofuels (ANP) auctioned off five of seven pre-salt blocs on Wednesday (22). Petrobras […]
McKinsey data shows rising investment in energy, falling in tech 10/23/2025 Brazil has attracted increasing volumes of foreign investment in sectors considered strategic for the future of the global economy. However, the surge has been largely driven by natural resources segments such as energy and mining. Foreign investment in advanced industries—including electric vehicles, batteries, and […]
Traditional institutions have higher nominal tax rates and advocate for equality; rivals see lower effective rates 10/21/2025 The Brazilian Federation of Banks (Febraban) has intensified its conflict with fintechs over taxation. According to Valor, the dispute escalated behind the scenes regarding Provisional Presidential Decree 1303, when fintechs opposed an increase in the Social Contribution […]
According to one source, Brazil’s Central Bank observed unusual financial transactions made through FictorPay and alerted Celcoin, the company to which the fintech is affiliated 10/21/2025 — Photo: Pixabay FictorPay, a fintech, was the target of a hacker attack that stole company funds on Sunday. The information was first reported by Platô […]
Fire in Eletrobras substation caused cascading outages across the country and raised reliability concerns 10/21/2025 Reactor fire in Paraná disrupted electricity across Brazil for up to 2.5 hours — Photo: Divulgação/Bombeiros A fire at a power substation in the southern state of Paraná triggered a nationwide blackout in the early hours of Tuesday (14), highlighting […]
Critical systems, such as payment systems and power plants, including nuclear ones, are among the targets; global losses could reach $57bn this year 10/20/2025 — Photo: Pete Linforth/Pixabay Online scams are part of Brazilians’ daily lives—some of the most common involve criminals posing as relatives in need and asking for help paying an upcoming […]
Monetary policy head Nilton David signals hawkish stance, arguing that scrutiny of all data sets is required to ensure convergence to 3% inflation target 10/17/2025 Economic uncertainty and unchecked inflation expectations prompted Brazil’s Central Bank to keep borrowing costs at a higher level than in previous cycles, said Nilton David, the monetary authority’s monetary policy head. […]
Concession for access channel of Paraná port to be auctioned next Wednesday (22) 10/17/2025 The concession for the access channel of the Port of Paranaguá (Paraná), set to be auctioned on Wednesday (22), has drawn strong interest from both domestic and foreign groups. At the bid submission session held on Thursday (16) at the […]
Shares of foreign companies with projects in Brazil surge; some reach record highs 10/17/2025 Shares of foreign mining companies with rare earth projects in Brazil have risen since Thursday (9), following China’s announcement that it would impose stricter controls on exports of the group of elements. Some of these stocks reached record […]
In “A alma brasileira do negócio”, the TBWA chairman revisits the history of advertising and urges the industry to reclaim purpose, ethics, and humanity amid the dominance of algorithms 10/14/2025 At a time when marketing seeks to reconnect with purpose and humanity, Luiz Lara, chairman of TBWA Brazil, has released “A alma brasileira […]