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38 articles

Geologists examining offshore oil rock samples in a laboratoryEnergy

Petrobras Finds Oil in Amapá Frontier but Size Remains Unknown

Petrobras has confirmed oil in an ultra-deepwater well off Brazil’s northern coast, a closely watched frontier near the Equatorial Margin. The state-controlled company says it still needs further drilling and appraisal work before it can judge commercial potential.

Petrochemical plant with pipes, tanks and industrial processing unitsIndustry

Braskem Returns to Profit With R$3.32 Billion Second Quarter Result

Brazilian petrochemical group Braskem posted a strong turnaround in the second quarter of 2026, moving from a loss a year earlier to a multibillion real profit. Revenue and EBITDA also rose sharply, signalling a materially stronger quarter for the company.

Workers entering a Brazilian factory at the start of a shiftMarket Insights

Brazil’s Jobless Rate Falls to 5.4%, Setting a Second Quarter Record

Brazil entered mid 2026 with the tightest second quarter labour market in its modern data series, even as interest rates remain high. For investors, the figures point to resilient domestic demand, but also to a labour market where hiring costs and talent availability deserve close attention.

Shopper selecting vegetables in a Brazilian supermarket produce aisleMarket Insights

Brazil’s July inflation cools to 0.07% as food prices fall

Brazil’s official inflation index slowed in July, with cheaper groceries and fuel offsetting a sharp rise in residential electricity bills. The 12-month rate still stands above the Central Bank’s target ceiling.

Aircraft under assembly inside a Brazilian aviation manufacturing facilityIndustry

Embraer profit more than doubles as jet demand lifts second quarter

Brazilian aircraft maker Embraer reported R$ 1.08 billion in second-quarter profit, helped by stronger deliveries and demand for jets and services. The company also raised key profitability and cash flow targets for the year.