brazil

Throughout the 20th century, the United States was the largest global exporter of most grains and oilseeds, including corn, wheat, and soybeans. In recent years, other countries and regions have grown in importance – the Black Sea has become a major player in corn and wheat and South America...

Facebook Inc (NASDAQ: FB)-owned WhatsApp has launched its first rollout of payments on the platform in Brazil. What Happened: Facebook says it has built payments with security in mind, and a special six-digit PIN or fingerprint will be required to prevent unauthorized transactions. The service...

The shares of StoneCo Ltd. (NASDAQ: STNE) surged in the after-hours session on Tuesday, as the Brazilian financial technology company reported earnings for its first quarter ending March. Q1 Earnings StoneCo posted a total revenue of $134 million, up 33% from the $100.2 million reported in the same...

Brazilian truck drivers began what was planned to be a 24-hour strike just after midnight on Monday at the Port of Santos, affecting access at one of Latin America's largest ports.  However, police using smoke bombs broke up the protest around 4 p.m. Monday, and union leader Alexsandro Viviani was...

Brazilian Federal Police searched offices of A.P. Moller – Maersk in Rio de Janeiro and Sao Paulo on Dec. 18, as part of probe into alleged bribes paid to state-owned oil company Petroleo Brasileiro SA (Petrobras). Reuters said Maersk was one of the companies targeted for allegedly paying bribes...

A widening demand-supply gap is raising coffee bean prices as Asians are drinking more coffee, while Brazil and Vietnam could cut coffee production in 2020. What Happened Arabica coffee futures prices jumped about 30% from the previous month to around 132 cents per pound, the highest since...

Actor Leonardo DiCaprio said in a statement on Saturday that he is proud to stand with organizations protecting the Amazon rainforest. Brazil President Blames DiCaprio For Fires The Oscar-winning actor’s statement came a day after Brazilian President Jair Bolsonaro accused...

The iShares MSCI Brazil Index (NYSE: EWZ) is up 2% in the past week as far-right President Jair Bolsonaro announced he would be leaving his right-wing Social Liberal Party (PSL) and launching his own Alliance for Brazil (APB) party. Bolsonaro said he left the PSL due to a dispute with the party...

Brazil, Latin America's largest economy, is lowering interest rates and the Senate there recently passed much-needed pension reform. With those factors, among others, in mind, perhaps it's not surprising some professional investors are again warming to Brazilian equities. What Happened The...

FreightWaves features Market Voices – a forum for voices with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. Brazilian ethanol has proved a mixed blessing for struggling American corn growers and the carriers who own the trains,...

On Wednesday, the Federal Reserve lowered interest rates by 25 basis points, but it wasn't the only major central bank trimming borrowing costs. What Happened The iShares MSCI Brazil Capped ETF (NYSE: EWZ), the largest exchange traded fund dedicated to Brazilian equities, traded slightly higher...

The Brazilian economy is teetering, and the global macroeconomic conditions are not quite enthusing. Yet investors who are willing to make a bold bet can keep an eye on this Brazilian company that provides software solutions to retailers. The IPO Terms Sao Paulo, Brazil-based Linx S.A. (NYSE: LINX...

Golden Ocean (NASDAQ: GOGL), one of the largest U.S.-listed owners of dry bulk ships, swung to a loss in the first three months of 2019 due to disruptions in Brazilian iron-ore exports, but it sees signs that the situation in Brazil is improving. The company, whose largest shareholder is Norwegian...