Brazilian Business Roundup - October 06

Welcome to your go-to source for the latest in Business and Tech across Brazil and Latin America! Each week, we bring you a curated roundup of the most intriguing stories, ensuring you stay informed and ahead of the curve.?

In just 5 minutes, you'll get a concise overview of the region's key developments, from groundbreaking tech innovations to pivotal business moves. Our mission is to provide you with valuable insights to drive smarter decisions and spark new ideas. Ready to dive into the highlights? Let's get started!

??Here’s our Top Stories:

?Could daylight saving time be Brazil’s solution to drought energy crisis?

An agency of the Mines and Energy Ministry has recommended Brazil put its clocks forward before the end of the year, to protect the electricity system against blackouts. Some sectors are less than happy. Read more

????Brazil’s golden data center opportunity

Brazil enjoys a number of geographical and infrastructure characteristics that make it an ideal destination for setting up data center operations. Read more

???Slow and steady wins the fintech race?

After years of rapid growth, Brazilian fintechs are entering a phase of consolidation and economic stability, according to PwC Brasil’s 2024 Fintech Deep Dive report. The study highlights a focus on financial sustainability and resource optimization, with many companies now prioritizing solid, long-term growth strategies — instead of plans to grow at break-neck speed regardless of the costs. Read more

??Worth keeping an eye on!

??Brazil sets sight on Big Tech tax still in 2024. Read more

??Why Embraer stock prices keep rising. Read more

??Fires and climate issues ignored in key Amazon and agro elections. Read more

???? Milei pushes to privatize Argentina’s state airline. Read more

??? On this week’s podcast …

This week, For Lula's third term as president, international prominence and influence was set out as a priority — but a Pew survey shows that things are moving in the opposite direction. Editor-in-chief Gustavo Ribeiro o speaks to Christine Huang , a research associate at Pew Research Center . Listen to the full podcast here!

Every Wednesday, join us for a new episode of the Explaining Brazil podcast — a finalist for the Digiday Media Awards for Best Podcast! Dive deep into Brazil's most pressing issues with expert analysis and engaging discussions. Whether politics, business, or culture, we’ve got you covered.

Don't miss out! Follow us on all major podcast platforms, subscribe, and never miss an episode. Click here to listen now and enjoy! You can also watch it on our YouTube channel here!

Love our podcast? Consider advertising with us and take your business to the next level. Email us at [email protected] for more details.

??On-the-Fly Headlines

??Gol Airlines’ losses more than double in August 2024. Read the details

??Lula government approval sees slight dip; remains strong in Northeast.? Read the details

??Brazil’s gross government debt hits three-year high at 78.55% of GDP. Read the details

??Tax reform delays won’t impact new Central Bank confirmation. Read the details

??Did You Know?

Did you know that our "insider" articles are free of the paywall? That's right – you can access our exclusive insights, in-depth reporting, and real-time updates at no cost. It's our way of giving you a taste of the full experience we offer. Dive in, explore, and enjoy our premium content without any barriers. Love what you see? Consider subscribing for even more exclusive access and benefits! Learn more

That wraps up this week’s edition. See you next Sunday evening! Subscribe to the Brazilian Business News Roundup, your essential weekly recap to never miss a beat in Brazil’s business environment.

Want to stay even more informed? Explore our subscription plans and enjoy comprehensive analyses and in-depth stories on our website. Our plans start at just $1 for the first month – a small investment for a wealth of knowledge. Learn more about our plans here!

We value your input! If you have any suggestions, feedback, or topics you'd like us to cover, please reach out.

Stay informed daily by following us on LinkedIn! And for instant updates, join The Brazilian Report's WhatsApp channel for the latest news and stories. Join now!

Bringing you closer to the heartbeat of Brazil and Latin America!

-

Founded in 2017, The Brazilian Report is an English-language media outlet uniquely positioned to provide an insider’s view of current affairs in Brazil and Latin America, with a mission to make Latin Americans’ voices heard and become the reference for Latin American news worldwide. An award-winning newsroom, The Brazilian Report has just received recognition for its portfolio of newsletters at this year’s Wan Ifra Awards.

Within 6 years of existence, The Brazilian Report has gained international recognition. It has become the go-to source for several embassies, think tanks, and international news outlets, including Time Magazine, CNBC, BBC Worldwide, Vox, Axios, Radio France, CGTN, among others.