Category: Business
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Agribusiness Leaders at Event at the Jockey Club of São Paulo
São Paulo will host the 1st edition of Agrotalk Business on August 8, an invitation-only event that will open discussions on the current Brazilian economic scenario. The confirmed speakers are: Antonia Fontenelle, entrepreneur and commentator; Antonio Cabrera Mano Filho, former Minister of Agriculture; Evaristo de Miranda, researcher at Embrapa; Paulo Junqueira, president of the Rural…
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Federal Government Expands Access to Credit for Small Businesses
On August 1, the U.S. Small Business Administration (SBA) began implementing changes aimed at expanding small businesses’ access to capital. The improvements to the 7(a) and 504 loan programs will increase small businesses’ ability to access financing to start and grow through a broader network of lenders with streamlined procedures. The SBA has also made…
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H&M enters Brazil
H&M announces plans to launch its stores in Brazil in 2025. H&M continues its expansion in Latin America by initially entering the major cities in Southeast Brazil, aiming to further increase its presence throughout the country over time. H&M opened its first store in Latin America in Mexico in 2012, and today it is also…
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Brazil Attracts 41% of Foreign Direct Investment in Latin America in 2022
Benefiting from the global economic recovery following the COVID-19 pandemic, Latin America and the Caribbean recorded an increase in foreign direct investment (FDI) in 2022, reaching a historic high, as announced by the Economic Commission for Latin America and the Caribbean (ECLAC). Last year, the region attracted US$ 224.58 billion in foreign investments to its…
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Micro and Small Enterprises Create Seven out of Ten Jobs in Brazil
A study conducted by the Brazilian Service of Support for Micro and Small Enterprises (Sebrae) reveals that micro and small enterprises were responsible for creating seven out of every ten formal jobs this year. From January to May, Brazil generated a total of 865,360 formal jobs, with micro and small enterprises accounting for 594,213 of…
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¡Moda Hoy! Latin American and Latinx Fashion Design Today at the Museum at FIT
The exhibition ¡Moda Hoy! Latin American and Latinx Fashion Design Today, at the Museum at FIT, examines the work of 21st-century Latin American and Latinx fashion designers. The exhibition features over 60 objects from the museum’s permanent collection, including many new acquisitions, bilingual texts in English and Spanish, and supplementary fashion media. It highlights designers…
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Project University Joins edX as a Partner to Expand Access to Top Universities in Brazil
edX, a leading global online learning platform from 2U, Inc., announced that Project University, an affiliate of Project Company that develops academic courses with top universities in Brazil, is the newest member of edX’s global partner network, joining hundreds of universities and institutions in expanding access to the best education in the world. As a…
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Melissa Advances as a Sustainable Style
Melissa, the iconic Brazilian footwear brand founded in 1979, reflects on its more than 40 years in business creating stylish and 100% vegan shoes through conscious production to ensure that the jelly experts remain ahead of the market. Grendene, the parent company of Melissa and the largest exporter of sandals in Brazil, monitors key production…
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Nubank reaches 80 million customers in Brazil
Nu Holdings Ltd surpassed 80 million customers in Brazil in July 2023. Along with its operations in Mexico and Colombia, the company reached 85 million customers in Latin America. This number has more than doubled in two years, since June 2021, when Nubank had a customer base of 41 million. Based on official data from…
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Brazil Can Be Richer and Greener
Brazil is in a strong position to provide a better life for its population while also successfully facing the threat of climate change, according to a new report from the World Bank Group. The “Country Climate and Development Report for Brazil” outlines that Brazil can become a global clean energy powerhouse and save the Amazon…