BYD is spearheading a significant expansion in Mexico, establishing a new manufacturing plant that promises substantial growth. Set to create about 10,000 jobs, this facility will become one of the largest automotive plants in the region. It will surpass the size of Volkswagen’s Puebla plant, which currently employs over 11,000 workers. Jorge Vallejo, BYD’s director […]
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New extratropical cyclone causes damage and power outages in southern Brazil
A recent extratropical cyclone has resulted in damage and power outages in several cities in the southern region of Brazil. Official sources have reported that the cyclone’s heavy rains and strong winds have caused havoc in approximately 30 cities in Rio Grande do Sul, leaving around 400,000 people without electricity. The state of Santa Catarina […]
Soybean Prices Dip in Brazil; Market Updates
The Brazilian soybean market experienced stable to lower prices on Monday. Throughout the day, market volatility was noticeable. Safras Consultancy reported significant trading volumes, with increased sales activity from producers seizing good market opportunities on April 8, 2024. The soybean prices in various regions were as follows: Passo Fundo (RS) dropped from R$121 to R$119 […]
