Vale to invest $12.2 billion in expanding Carajás mining operations
Your support powers our stories Brazilian mining giant Vale is set to unveil a massive 70 billion real ($12.2 billion) investment to boost its iron [more…]
Category: Brazil
Diageo’s stock spirals as Latin American sales take a hit
In a dramatic twist worthy of a soap opera, London-based spirits giant Diageo watched its shares take an 8% nosedive in early trading. The culprit? [more…]
Heineken shares plunge 10% amid China woes
In a surprising turn of events, Heineken’s shares took a steep 10% plunge following a disappointing earnings report and a significant write-down on a hefty [more…]
Brazil to unleash $20 billion in sustainable investment with its finance program
Brazil is poised to revolutionize sustainable investment with a groundbreaking initiative set to unlock up to $20 billion in foreign investment for eco-friendly projects. Treasury [more…]
OPEC+ expands output cuts and welcomes Brazil in effort to stabilize oil prices
In a move to address persistently low crude oil prices, the OPEC oil cartel, spearheaded by Saudi Arabia and joined by allied producers including Russia, [more…]
Current trends and factors impacting coffee prices in global markets
This morning, coffee prices are experiencing a moderate decline, with Arabica and Robusta varieties both witnessing a downturn. The primary driver behind this shift is [more…]