brazil

Vale SA (NYSE:VALE) plans to increase its copper production to 500,000 tons by 2028 as part of a $3.3-billion capital expenditure plan. That’s up from 326,600 tons in 2023, largely through upgrades to its Salobo and Sossego mines in Brazil. Copper prices have recently surged to new highs,...

Brazil wants to diminish its dependence on China when it comes to rare earth elements (REE). As numerous countries rush to strengthen their REE supply chains, the South American country presents itself as a perfect provider of metals essential for advanced technologies and the green energy...

Elon Musk's acquisition of X sparks global debate as clashes with Brazil and Australia over free speech restrictions intensify. Elon Musk, the CEO of X, Tesla, Inc. (NASDAQ:TSLA) and SpaceX who is known for his stance on free speech, is embroiled in yet another free speech debate after acquiring X...

Amid a legal dispute with Brazilian authorities, Elon Musk has said that his social media platform will respect the country's laws while refusing orders from the Supreme Court to break them. What Happened: On Monday, Musk took to X, formerly Twitter, to address the ongoing legal issues in Brazil....

The U.S. House of Representatives has launched an inquiry into billionaire entrepreneur Elon Musk‘s activities in Brazil, which are alleged to have violated Brazilian law. What Happened: Musk revealed that the U.S. House of Representatives had contacted X concerning his behavior in Brazil. He...

In a recent Reddit post, user SunsetKittens shares insights on why Petrobras Brasileiro (NYSE:PBR) stock presents a compelling investment opportunity. Known for previous successful stock picks like United States Steel (NYSE:X) and Teledyne Technologies (NYSE:TDY), SunsetKittens now focuses on...

Rep.Marjorie Taylor Greene (R-Ga.) has expressed concern over the current situation in Brazil, warning that similar events could transpire in America. What Happened: Greene took to X, formerly Twitter, to share her apprehensions about the ongoing situation in Brazil. Her tweet read, “What is...

Tech billionaire and CEO of X, formerly Twitter, Elon Musk, is now under investigation by the Brazilian Supreme Court for obstructing justice in a social media dispute. What Happened: On Sunday, Brazil Supreme Court Justice Alexandre de Moraes initiated an inquiry into Musk’s actions...

Tech billionaire Elon Musk is challenging the Brazilian Supreme Court's order to block certain accounts on his social media platform, X, formerly Twitter. He called the court's demands "draconian" and condemned the censorship attempts. What Happened: Musk publicly criticized Justice Alexandre de...

On Monday, two Brazilian cabinet members said that a proposed extra dividend suddenly axed by state-run Petrobras Brasileiro (NYSE:PBR) will be kept in reserve for future disbursement. On Thursday, Petrobras Chief Executive Jean-Paul Prates proposed to the company’s board that shareholders be...

Even before the planting season officially kicks off, U.S. farmers and ranchers are already facing an uphill battle on many fronts. Before glossing over this piece, since it's not as appealing as discussing A.I. or the unquantifiable tangible market for Nvidia (NASDAQ: NVDA), it's important...

The Brazilian fintech Stark Bank, backed by Jeff Bezos, has seen a significant rise in profits while effectively managing its funding. What Happened: Stark Bank, a Sao Paulo-based company, has witnessed a three-fold increase in its payment processing business, reaching 155 billion reais ($31...

The BRICS nations are set to witness a significant surge in their millionaire population over the next decade, potentially challenging the dominance of the G7 countries. What Happened: The BRICS countries, which include Brazil, Russia, India, China, and South Africa, are projected to experience an...

In the wake of a booming global electric vehicle (EV) market, Chinese EV titan BYD Co Ltd (OTC:BYDDY) (OTC:BYDDF) is rumored to be holding negotiations with Brazilian lithium producer Sigma Lithium Corp (NASDAQ:SGML), indicating a possible acquisition. What Happened: BYD, the globe’s leading...

StoneCo Ltd. (NASDAQ: STNE) shares are trading higher after the company said it received the Financeira License from the Brazilian Central Bank. The license is organized as a Sociedade de Crédito, Financiamento e Investimento (SCFI), the company said in a press release. This...