A Carnival parade honoring Brazilian President Luiz Inácio Lula da Silva took a controversial turn on Monday, as opposition leaders argue the tribute amounted to improper campaigning for the leftist incumbent.
Members of Academicos de Niteroi perform during 2026 Carnival parades at Sapucai Sambodrome in Rio de Janeiro on Feb. 15.
Itau Unibanco Holding SA is in talks with former Brazilian central bank director Diogo Guillen for a potential role as chief economist, according to people familiar with the matter.
Itau Unibanco Holding SA is in talks with former Brazilian central bank director Diogo Guillen for a potential role as chief economist, according to people familiar with the matter.
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.