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Tenda Swings to Profit, PetroReconcavo Faces Decline, MRV&Co Boosts Margins in Q1
Tenda (TEND3) reported a Q1 net profit of R$ 4.4 million ($0.86 million), a turnaround from last year’s R$ 41.9 million ($8.22 million) loss. Meanwhile, their consolidated net revenue rose by 14.4% to R$ 744.9 million ($146.06 million). From January to March, Tenda’s primary brand saw a net profit of R$ 19.9 million ($3.90 million), […]
Latin America’s voting crisis: disillusionment, abstention and the search for a new commitment
Recent elections in Latin America have shown a pronounced decline in voter turnout, indicating a trend of political disengagement and disillusionment among the populace, according to political and international experts. For instance, recent primary elections in Argentina and a second round of voting in Guatemala recorded 30.38% and 55.1% abstention rates, respectively. In Mexico’s State […]
Petrobras has bought 175,000 carbon credits and entered market
Petrobras has bought 175,000 carbon credits and entered the market. This move marks its entry into the voluntary carbon credit market. Each credit stops one ton of CO2 from entering the atmosphere. In total, this means 175,000 tons of greenhouse gases are not released. The credits equal saving 570 hectares of the Amazon rainforest. This […]