Staff reporter at Compound and Hold, covering Investing.
Candidates in the Minas Gerais gubernatorial race clash over the role of tax exemptions for businesses, with some advocating for their reduction to boost state revenue, while others warn of economic consequences.
A recent rally in Rio de Janeiro has drawn attention to the country's political landscape, but what does it mean for investors in Brazil?
The former mayor of Belo Horizonte, Alexandre Kalil, stated during a debate that he didn't read his own government plan in its entirety.
Candidates in the upcoming Minas Gerais election have differing opinions on the state's debt and the Propag agreement with the federal government.
The winning numbers for Quina's Concurso 7093 have been revealed, with a prize estimated at R$ 6.6 million.
Brazilian retailer Casas Bahia has announced a loss of over R$10 billion in the second quarter, citing the impact of a restructuring plan that includes the closure of 298 stores. The company has not ruled out the possibility of a new judicial or extrajudicial recovery request.
Brazilian retailer Casas Bahia has announced a net loss of R$ 10 billion in the second quarter, citing non-recurring accounting effects and increased expenses.
The UK's inflation rate is expected to accelerate in July, driven by higher chip prices and energy costs, according to economists surveyed by Bloomberg.
The Brazilian rhythmic gymnastics team made history by winning their first-ever World Championship gold medal in Frankfurt, Germany, with a record-high score of 29.450 in the five-ball final. The team, consisting of Duda Arakaki, Sofia Madeira, Mariane Gonçalves, Maria Paula Caminha, and Julia Kurunczi, outperformed defending Olympic champions China and Tokyo 2020 gold medalists Bulgaria. This victory follows their bronze medal in the general event and secures Brazil's spot in the 2028 Los Angel
A gestora americana Wellington Management, que administra cerca de US$ 1,3 trilhão, defende uma abordagem conservadora nos mercados, evitando o topo do retorno e priorizando a defesa contra perdas.
Ferrari's first fully electric car, the Luce, sold for $40 million at a Sotheby's charity auction, breaking the record for the most expensive new car ever sold at auction. The 'tailor made' model, designed in collaboration with Jony Ive's LoveFrom studio, combines over 1,000 horsepower with four doors. Despite initial criticism and a stock decline, Ferrari reported strong demand for the Luce and other limited-edition models, prompting an upgraded annual forecast.
Pablo Marçal, barred from running for office until 2032 due to a past conviction, has registered as a presidential candidate with the PRTB party in Brazil, declaring a $1.4 billion fortune. His candidacy remains under judicial review, while his running mate, Leonardo Avalanche, holds $99 million in assets. The move follows a court ruling allowing Marçal to rejoin the party temporarily.