Maria Luiza Dourado

March retail sales better than expected

The volume of retail sales grew 0.8 percent in March, exceeding the market's expectations of a 0.8 percent contraction and…

1 year ago

Market cautiously welcomes Petrobras’ new pricing policy

Brazil’s state-controlled oil giant Petrobras announced on Tuesday that it will cut diesel and gasoline prices in its refineries by…

1 year ago

Services remain resilient in Q1 — but not unharmed

Output in the services industry in Brazil, an important measure of the country's economic activity, rose 0.9 percent in March…

1 year ago

Gig workers stage 24-hour walkout targeting Uber and DiDi’s 99

Drivers of ride-hailing apps Uber and Didi’s 99 began a 24-hour work stoppage early Monday, causing cancellations and a slight…

1 year ago

Brazilian energy company Light files for bankruptcy protection

Light S.A., a holding group that owns energy generation and distribution companies, has filed for bankruptcy protection at a Rio…

1 year ago