Brazil's Finance Minister Rejects Retail Crisis Talk, Vows Fiscal Tightening to Lower Rates
Economy

Brazil's Finance Minister Rejects Retail Crisis Talk, Vows Fiscal Tightening to Lower Rates

Brazil's finance minister says high rates are squeezing credit-dependent retailers such as Casas Bahia, but rejects a ge...

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Brazil Industrial Policy Chief: Subsidized Credit Lifts Investment, Not Inflation
Economy

Brazil Industrial Policy Chief: Subsidized Credit Lifts Investment, Not Inflation

Uallace Moreira says government credit lines target machinery, fleets and innovation to lift potential GDP; he concedes ...

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US Public Debt Tops $40 Trillion as Long-Term Yields Hit 18-Year High
Economy

US Public Debt Tops $40 Trillion as Long-Term Yields Hit 18-Year High

The Treasury is doubling buybacks of long-term bonds after 30-year yields touched 5.34%, the highest since 2007, deepeni...

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Trump Envoys Press Cairo Mediators to Advance Gaza Plan as Israel Resumes Strikes
Politics

Trump Envoys Press Cairo Mediators to Advance Gaza Plan as Israel Resumes Strikes

US envoys Jared Kushner and Nickolay Mladenov met Egyptian, Qatari and Turkish mediators in Cairo on Sunday to push Trum...

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Brazil Job Confidence Hits Survey High as Retail and Temporary Hiring Lift Outlook
Economy

Brazil Job Confidence Hits Survey High as Retail and Temporary Hiring Lift Outlook

FGV's July labour market survey shows 59.3% of Brazilians see little risk of losing their job, the highest share in the ...

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Brazil Retail Sales Rise for Second Straight Month, but Stone Says Recovery Still Unclear
Retail

Brazil Retail Sales Rise for Second Straight Month, but Stone Says Recovery Still Unclear

Income-linked essentials lifted Brazil's Stone retail index 0.9% in July, while credit-dependent goods fell; the group s...

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After Corruption Sentence Suspended, Romero Jucá Files Candidacy for Federal Deputy
Politics

After Corruption Sentence Suspended, Romero Jucá Files Candidacy for Federal Deputy

Brazil's top courts cleared the way for former senator Romero Jucá to register as a congressional candidate, suspending ...

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JHC Keeps Alagoas Race Frozen as Senate or Governor Choice Remains Open
Politics

JHC Keeps Alagoas Race Frozen as Senate or Governor Choice Remains Open

With candidate registration hours from closing, ex-Maceió mayor JHC has not declared Senate or governor — a choice that ...

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Brazil's Pablo Marçal Files Presidential Bid Despite Ineligibility and Declares R$7.4bn in Assets
Politics

Brazil's Pablo Marçal Files Presidential Bid Despite Ineligibility and Declares R$7.4bn in Assets

PRTB has formally registered Pablo Marçal for Brazil's presidency after a provisional court ruling on party affiliation,...

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Zema Opens 2026 Presidential Bid Attacking Lula, Brazil's Supreme Court and Crime Policy
Politics

Zema Opens 2026 Presidential Bid Attacking Lula, Brazil's Supreme Court and Crime Policy

Novo candidate Romeu Zema launched his campaign in Montes Claros with a hardline crime platform, attacks on Lula's US ti...

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Iran Offers $30,000 Bounty for Killing or Capturing US Troops
Defense

Iran Offers $30,000 Bounty for Killing or Capturing US Troops

Tehran's military says it will pay $30,000 for the death or capture of American troops — double for women — as disputes ...

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Russia Strikes ArcelorMittal's Kryvyi Rih Plant; NATO F-18 Downs Drone Over Romania
Defense

Russia Strikes ArcelorMittal's Kryvyi Rih Plant; NATO F-18 Downs Drone Over Romania

Kryvyi Rih's steel mill was damaged in overnight Russian strikes, while Ukrainian drones killed one near Moscow and hit ...

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Iranian Parliament Advances Bill Criminalizing Interviews With US and Israeli Media
Politics

Iranian Parliament Advances Bill Criminalizing Interviews With US and Israeli Media

Draft law proposes prison terms of six months to two years for unauthorized contact with 'hostile' foreign outlets and t...

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US-Iran War Exposes a Fragile Oil Buffer: How Many Barrels Can Actually Be Released?
Energy

US-Iran War Exposes a Fragile Oil Buffer: How Many Barrels Can Actually Be Released?

The IEA says 1.5bn barrels cover 300 days at a 5m b/d deficit, but unusable commercial stocks and a degraded US SPR cut ...

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Why Casas Bahia Is Back on the Brink of a Brazilian Retail Restructuring
Retail

Why Casas Bahia Is Back on the Brink of a Brazilian Retail Restructuring

A R$10.1 billion quarterly loss, collapsing inventories and an anchor investor that walked away have pushed Casas Bahia ...

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Brazil Uses Reciprocity Law as Leverage, Not Immediate Tariff Retaliation
Politics

Brazil Uses Reciprocity Law as Leverage, Not Immediate Tariff Retaliation

Brasília opened a reciprocity process against Washington to keep the law credible and force trade talks, while managing ...

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Brazil's Power Distributors to Spend R$20bn on Grids as El Niño Hits
Energy

Brazil's Power Distributors to Spend R$20bn on Grids as El Niño Hits

Extreme weather has forced Light, Neoenergia, Energisa and Enel to accelerate network automation, expand crews and rewri...

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JBS Hands Global CEO Role to Wesley Batista Filho in 2027 Family Succession
Companies

JBS Hands Global CEO Role to Wesley Batista Filho in 2027 Family Succession

The world's largest meat company has chosen Wesley Batista Filho, 34, to succeed Gilberto Tomazoni as global CEO in 2027...

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Chinese Automakers' R$465 Million Celebrity Ad Blitz Reshapes Brazil's Car Market
Automotive

Chinese Automakers' R$465 Million Celebrity Ad Blitz Reshapes Brazil's Car Market

Chinese brands spent R$465.4 million on Brazilian advertising in two years, 44% of the sector total, using Gisele Bündch...

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Brazil Plans B3 Auction for 547 Critical Federal Bridges as 48% Exceed 50-Year Design Life
Politics

Brazil Plans B3 Auction for 547 Critical Federal Bridges as 48% Exceed 50-Year Design Life

DNIT says 2,461 of 5,127 federal bridges have passed 50 years; 547 need urgent work. The government will auction them in...

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Pebble Beach Concours Hands Leadership to Vince Finaldi as Younger Collectors Reshape Classic-Car Elite
Automotive

Pebble Beach Concours Hands Leadership to Vince Finaldi as Younger Collectors Reshape Classic-Car Elite

Sandra Button steps down Oct. 1 after 34 years steering the world's most important classic-car contest. Successor Vince ...

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Google Opens Gemini AI to K-12 Students in Classroom, Expanding School AI Race
Education

Google Opens Gemini AI to K-12 Students in Classroom, Expanding School AI Race

Google now lets school administrators enable Gemini for students of all ages inside Classroom, adding AI study tools whi...

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Big Tech's AI Stake Gains Are Now 42% of Mag7 Profits — and a Market Risk
Markets

Big Tech's AI Stake Gains Are Now 42% of Mag7 Profits — and a Market Risk

Alphabet and Amazon leaned on mark-to-market gains from SpaceX and Anthropic for most of their quarterly profit, exposin...

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Casas Bahia Reports R$10.1 Billion Loss; Auditor Flags Going-Concern Doubt
Companies

Casas Bahia Reports R$10.1 Billion Loss; Auditor Flags Going-Concern Doubt

EY refused to sign off on Casas Bahia's delayed accounts, citing material uncertainty about its survival. A possible jud...

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Faria Lima Founder Ivo Kos Arrested on Domestic Violence Charges
News

Faria Lima Founder Ivo Kos Arrested on Domestic Violence Charges

The Virgo co-founder is being held after his wife accused him of punching her and threatening her with a Taser. The crim...

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Gafisa closes R$223m sale of Hotel Praia Ipanema to Glória Participações
Companies

Gafisa closes R$223m sale of Hotel Praia Ipanema to Glória Participações

The distressed builder exits a prime Ipanema beachfront asset, clearing project liabilities and setting up an ultra-luxu...

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Casas Bahia Reports R$10.1 Billion Loss and Puts Judicial Recovery Back on the Table
Companies

Casas Bahia Reports R$10.1 Billion Loss and Puts Judicial Recovery Back on the Table

Brazilian retailer posts an 18-fold increase in quarterly net loss, closes 298 stores and says formal debt restructuring...

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Beto Carrero Retires Its Oldest Roller Coaster After 32 Years and 35 Million Riders
Companies

Beto Carrero Retires Its Oldest Roller Coaster After 32 Years and 35 Million Riders

The 1994 Star Mountain coaster will take its final lap on 13 September as Beto Carrero clears land for a larger family-t...

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Brazil Starts Pricing Lula Re-Election Risk Into the Real
Markets

Brazil Starts Pricing Lula Re-Election Risk Into the Real

JPMorgan's Brazil downgrade and an MSCI index move triggered an unwind of crowded long-real bets, with election and 2027...

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Final 2026 PIS/Pasep Batch Released: What Workers Need to Withdraw by 30 December
Personal Finance

Final 2026 PIS/Pasep Batch Released: What Workers Need to Withdraw by 30 December

The final 2026 PIS/Pasep salary-bonus batch, covering workers born in November and December, is now available. Around 26...

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