Here’s why insurance companies might increase premiums soon

Santander Brazil’s Q3 Profit Surges 34%, Market Remains Cautious

Santander Brazil set the stage for the Q3 2024 banking season with a strong financial showing. The bank reported a net profit of R$3.66 billion ($653 million), marking a 34.3% year-over-year increase. This figure surpassed the average analyst forecast of R$3.50 billion ($625 million) compiled by LSEG. The bank’s performance was driven by several key […]

Brazil’s Nubank Poised for Massive Valuation Spike

Brazil’s Nubank could see its value skyrocket in the next three years, says Morgan Stanley. This digital bank counts Berkshire Hathaway among its top shareholders. Analysts expect the bank’s market value to reach $104 billion by 2026. This bullish outlook considers new services in Brazil and growth in other Latin American countries. Morgan Stanley coordinated […]

Lukashenko confirms Wagner Group’s continued presence in Belarus despite leader’s death

On Friday, Belarusian President Aleksandr Lukashenko confirmed that the Wagner Group, a Russian mercenary unit, will continue its operations in Belarus. This statement comes despite recent satellite images suggesting a reduction in their camp size and the recent plane incident involving their leader, Yevgeny Prigozhin. Lukashenko, as reported by the BELTA agency, emphasized, “Wagner remains […]