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Eve’s Q3 Loss Widens to $35.8M Amid eVTOL Development
Eve, Embraer’s subsidiary, reported a net loss of $35.8 million in the third quarter of 2024. This figure represents a 14.7% increase compared to the same period last year. The company remains in a pre-revenue phase, focusing on developing its electric vertical takeoff and landing (eVTOL) aircraft. The increased net loss stems from higher Research […]
Argentina’s Soccer Team Keen to Compete After World Cup Win
Before a match against Paraguay, Argentina’s soccer coach, Lionel Scaloni, expressed the team’s undiminished eagerness to win. This game is a qualifier for the 2026 World Cup. Scaloni wants to keep the team’s current playing style. He says they’ll make changes only when needed, as opponents also study their game. Regarding Lionel Messi, Scaloni didn’t […]
December’s Downturn: Brazil’s PMI Slips for Fourth Month
On Tuesday, S&P Global reported that Brazil’s Manufacturing PMI decreased to 48.4 in December. This score means the sector is shrinking. A score below 50 shows this. For four months, the score has been under 50. Factory orders fell again in December. This drop was the biggest since June. Less demand caused this. Also, global […]