Gusttavo Lima, Gilberto Gil y Caetano Veloso están en lados distintos de la división política de Brasil, donde la música se ha convertido en parte de la campaña electoral.

Arminio Fraga, one of Brazil’s most-famous hedge-fund investors, spread the word earlier this month that he was turning his funds over to the country’s fourth-biggest bank. Brazil’s double-digit interest rates simply generate too high a return nowadays to lure enough clients to keep a fund like his open any longer, he conceded.

Foreign investors pulled money out of Brazilian equities on Tuesday at the fastest pace in over five years as concerns over the presidential election make them increasingly wary of the outlook for the fiscal deficit and the economy.

Credit measures introduced by President Luiz Inácio Lula da Silva’s government do not undermine monetary policy, Finance Minister Dario Durigan said in an interview with local news website G1 published on Saturday.

Credit measures introduced by President Luiz Inácio Lula da Silva’s government do not undermine monetary policy, Finance Minister Dario Durigan said in an interview with local news website G1 published on Saturday.

Foreign investors pulled money out of Brazilian stocks at the fastest pace in more than six years in May, derailing what had been a historic run for the nation’s stock market.

To the outside world, Brazilian fashion giant Azzas 2154 SA appears to be having a breakout moment. Its latest winter campaign featured Sarah Jessica Parker; Meryl Streep turned up to a premiere of The Devil Wears Prada 2 in its black Scarpin heels; and Justin Bieber has been seen sporting its kaleidoscopic puffer jacket.

Brazilian hedge funds saw their worst month in six years in March as a surge in oil prices upended bets on lower interest rates globally, a popular trade among the country’s money managers.

Cogna Educação had its meme-stock moment during the pandemic. Brazilian retail investors piled into the for-profit education company’s shares, bid it up wildly, and got burned when it all came crashing down.

A sweeping crackdown on organized crime in Brazil’s energy sector is helping the country’s fuel distributors claw back business from illegal operators, sending their stock prices soaring.