O NEGÓCIO
RIO DE JANEIRO, BRAZIL – On May 12, Magazine Luiza (MGLU3) officially launched Fintech Magalu. According to the company, the fintech is already one of the ten largest in Brazil, with more than 16 million unique customers among individuals and companies. The company highlighted in a statement that the arrival of the Fintech Magalu brand … Read more
RIO DE JANEIRO, BRAZIL – In April, São Paulo City recorded the highest value of the price of the rent square meter in the entire historical series of the QuintoAndar Rent Index, which began in 2019. According to the indicator . . . To read the full NEWS and much more, Subscribe to our Premium … Read more
RIO DE JANEIRO, BRAZIL – Not a few law operators and economists have dedicated their days and nights to studying a subject that is as fascinating as it is challenging: cryptocurrencies. And, despite all this time of study, there are still more doubts than certainties about the subject. To try to elucidate some of these … Read more
RIO DE JANEIRO, BRAZIL – The result will allow the country to recover some of the losses incurred in 2021 when production was severely affected by a severe drought in the first months of the year and frosts in June and July. One of the world’s largest food exporters, Brazil will harvest 261.5 million tons … Read more
RIO DE JANEIRO, BRAZIL – With the new geopolitical situation in the world, the unprecedented sanctions frenzy, and the possibility of more global events, The Rio Times will list daily prices of major commodities for comparison and review.   . . . To read the full NEWS and much more, Subscribe to our … Read more
RIO DE JANEIRO, BRAZIL – The federal government wants to keep Petrobras’ diesel oil prices stable in the future. This would be done through the board of directors of the state-owned company, where the Union has 6 of the 11 seats, writes Poder360 newspaper in its latest report. According to the newspaper, the aim is … Read more
RIO DE JANEIRO, BRAZIL – The volume of services provided in the country rose 1.7% in March, compared to February, according to data from the Monthly Service Survey (PMS) released on Thursday, May 12, by the Brazilian Institute of Geography and Statistics (IBGE). In February, the sector had advanced 0.4% (revised data after the initial … Read more
RIO DE JANEIRO, BRAZIL – Brazil’s total corn crop for the 2021/22 season was estimated on May 12 at a record 116.2 million tons, an increase of 600,000 tons compared to the previous forecast, with a rise in the area planted to the second crop, the National Supply Company (Conab) said in a report. Compared … Read more
RIO DE JANEIRO, BRAZIL – The Dollar Index (DXY), a reference for the variation of US American currency prices worldwide, reached the maximum since 2002 on May 12, when it hit 104.54 points. The index is formed by a basket of strong currencies, representing most of the dollar trades globally. This year alone, the DXY … Read more
RIO DE JANEIRO, BRAZIL – The regional air market has just moved with a new alliance between two leading airlines operating in Latin America. Avianca announced that they would form a single group together with Brazil’s GOL. Now, both airlines . . . To read the full NEWS and much more, Subscribe to our Premium … Read more