A Supreme Court docket choose ordered an investigation into potential insider buying and selling in Brazil’s foreign money markets across the announcement of US tariffs on Brazilian items. Justice Alexandre de Moraes issued the order on Monday in response to a request from Brazil’s legal professional basic based mostly on native media experiences of great … Read more
(Bloomberg) — Brazil’s Vale SA iron ore manufacturing within the second quarter beat estimates, pushed by an output report from its flagship mine in Brazil. The key iron ore provider delivered 83.6 million metric tons for the three months ending June 30, it mentioned in a Tuesday report. Analysts tracked by Bloomberg anticipated the corporate … Read more
(Bloomberg) — Brazil’s WEG SA, a supplier of business equipment for world oil and energy firms, mentioned its purchasers are delaying long-term investments because of rising geopolitical tensions and new tariffs. Chief Monetary Officer Andre Luis Rodrigues mentioned the corporate is getting ready actions to mitigate potential US tariffs of fifty% on Brazil which can … Read more
