Brazil news
Microsoft Already Seeing ROI from Software Development With AI, Brazil CEO Says
The software giant’s CEO in Brazil Tânia Cosentino tells Bloomberg Línea that the development of artificial intelligence is already bringing return on investment and highlights Copilot’s potential for commercial clients
Brazil’s Rio Bravo Sees Higher US Interest Rates Limiting Potential Gains
Evandro Buccini, managing partner of the fund manager with 3.2 billion reais in assets under management, tells Bloomberg Línea that fiscal uncertainty in Brazil is also a limiting factor
Latin American Governments Slow to Adopt New Technology, SAP Says
Cristina Palmaka, president of SAP for Latin America and the Caribbean, says the majority of the region’s countries have not successfully implemented technologies to enhance savings and cost efficiency
Brazil ‘Needs to Improve Its Regulatory Landscape to Build a Better Financial System’
Even as GDP growth slows, Inter is expecting to benefit from lower interest rates and grow its portfolio in 2024, the digital lender’s CEO tells Bloomberg Línea
Brazilian, LatAm Interest Rate Markets Hold Opportunities, Bank of America Says
In a report, the bank’s analysts point to distortions in the yield curve in the region in relation to expectations for central bank reference rates
Fuel Prices, Exchange Rates Could Wreck Latin Americans’ Air Travel Plans
Much of airlines’ costs are in US dollars, and the currency’s fluctuations will affect ticket prices, while oil prices will be put under pressure by the war between Israel and Gaza
Brazil’s Supreme Court Upholds Indigenous Land Protections in Victory for Lula
Brazil’s Supreme Court has rejected an attempt to limit the creation of new Indigenous territories, a boost for President Luiz Inácio Lula da Silva and the tribal communities he pledged to protect
