brazil

U.S. President Donald Trump confirmed in a Saturday afternoon press conference he has been tested for the novel coronavirus (COVID-19). This comes less than a day after Trump declared a national emergency over the outbreak. “I had my temperature taken coming into the room, I also took the...

Brazilian truck drivers began what was planned to be a 24-hour strike just after midnight on Monday at the Port of Santos, affecting access at one of Latin America's largest ports.  However, police using smoke bombs broke up the protest around 4 p.m. Monday, and union leader Alexsandro Viviani was...

Khiron Life Sciences Corp. (OTC: KHRNF)(TSXV:KHRN) announced Friday it has obtained authorization from the Brazilian Health Regulatory Agency for its products to be imported into Brazil on an individual patient basis. With this authorization, the company can ask for a license to export the products...

Brazilian Federal Police searched offices of A.P. Moller – Maersk in Rio de Janeiro and Sao Paulo on Dec. 18, as part of probe into alleged bribes paid to state-owned oil company Petroleo Brasileiro SA (Petrobras). Reuters said Maersk was one of the companies targeted for allegedly paying bribes...

A widening demand-supply gap is raising coffee bean prices as Asians are drinking more coffee, while Brazil and Vietnam could cut coffee production in 2020. What Happened Arabica coffee futures prices jumped about 30% from the previous month to around 132 cents per pound, the highest since...

Brazil has become the third Latin American country to regulate the sale of medical marijuana after Uruguay and Colombia. Mexico could soon follow the trend. On Tuesday, ANVISA (the National Agency for Health Supervision) announced it has unanimously approved the regulation of medical marijuana to...

Actor Leonardo DiCaprio said in a statement on Saturday that he is proud to stand with organizations protecting the Amazon rainforest. Brazil President Blames DiCaprio For Fires The Oscar-winning actor’s statement came a day after Brazilian President Jair Bolsonaro accused...

The iShares MSCI Brazil Index (NYSE: EWZ) is up 2% in the past week as far-right President Jair Bolsonaro announced he would be leaving his right-wing Social Liberal Party (PSL) and launching his own Alliance for Brazil (APB) party. Bolsonaro said he left the PSL due to a dispute with the party...

Brazil, Latin America's largest economy, is lowering interest rates and the Senate there recently passed much-needed pension reform. With those factors, among others, in mind, perhaps it's not surprising some professional investors are again warming to Brazilian equities. What Happened The...

Market research and cannabis consultancy company Brightfield Group on Tuesday released a report analyzing the current state of the Latin American cannabis market. The report focuses on looking at each country’s legislation, to assess their potential consumer markets. Too Green For The Green...

FreightWaves features Market Voices – a forum for voices with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. Brazilian ethanol has proved a mixed blessing for struggling American corn growers and the carriers who own the trains,...

CBD Vida, a startup based in Campinas, São Paulo, Brazil has become the first company with administrative headquarters in Brazil to market cannabidiol-based drugs with direct import through prescription and medical report. The Brazilian national market for CBD is expected to turnover $4.7...

On Wednesday, the Federal Reserve lowered interest rates by 25 basis points, but it wasn't the only major central bank trimming borrowing costs. What Happened The iShares MSCI Brazil Capped ETF (NYSE: EWZ), the largest exchange traded fund dedicated to Brazilian equities, traded slightly higher...

The Brazilian economy is teetering, and the global macroeconomic conditions are not quite enthusing. Yet investors who are willing to make a bold bet can keep an eye on this Brazilian company that provides software solutions to retailers. The IPO Terms Sao Paulo, Brazil-based Linx S.A. (NYSE: LINX...