Buffett-Backed Nubank Bets on Mexico for ‘Pivotal’ Growth
Nu Holdings Ltd., the Brazilian digital bank that counts Warren Buffett’s Berkshire Hathaway Inc. among its biggest stockholders,
2023-08-05 00:24
Petrobras Slashes Contentious Dividends and Buys Back Shares
Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more
2023-08-04 18:59
Brazil’s Real Slumps Most Since November on Bold Rate Cut
Brazil’s currency weakened the most since November and short-term swap rates fell sharply after the nation’s central bank
2023-08-04 05:19
MercadoLibre Surges to Highest Since May as Profits Double
Shares from e-commerce and fintech provider MercadoLibre Inc. surged to their highest since May as business booms and
2023-08-03 23:47
Brazil central bank kicks off rate cuts more aggressively than expected
By Peter Frontini SAO PAULO Brazil's central bank kicked off its rate-cutting cycle more aggressively than expected on
2023-08-03 07:28
Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16
Brazil’s Lula Says He Expects Rate Cut, But Renews Central Bank Criticism
President Luiz Inacio Lula da Silva expects Brazil’s central bank to begin cutting interest rates on Wednesday, saying
2023-08-03 01:18
Petrobras Management Under Political Attack, CEO Prates Says
Petrobras’ chief executive officer is pushing back on critics within the Brazilian government, saying the state-owned oil giant
2023-08-01 02:21
Bankrupt Brazilian Utility Rewards Stock Traders With 316% Gain
Veteran investor Nelson Tanure is betting that Light SA, a Brazilian utility that filed for bankruptcy protection, will
2023-08-01 01:29
Dawn of Interest-Rate Pivots Unlocks Risk in EM’s Standout Trade
One of the year’s top fixed-income trades is facing a critical juncture in Latin America as bond investors
2023-07-30 20:19
US Economy Set to Show Resilience With Jobs Data
Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote
2023-07-30 04:15
Charting the Global Economy: Fed, ECB Press on With Rate Hikes
The Federal Reserve, European Central Bank and Bank of Japan headlined a pivotal week for central banks, with
2023-07-29 17:24