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China is exporting record amounts of soybean meal. This increase follows a drop in domestic pork demand and a shrinking pig population. Consequently, soybean processors are finding new markets for their excess animal feed. China’s export surge reveals big shifts in its economy and global trade. Known as the world’s largest agricultural importer, China buys […]
Ibovespa Rises, Defying Petrobras Downturn
Ibovespa stock index rose Wednesday due to dollar decline and absence of major announcements, closing at 128,006.05 points, up 0.26%. This uptick represents a positive adjustment after a period of downturns, highlighting the market’s resilience even in the absence of pivotal economic data or news events. Rodrigo Cohen of the School of Investments provided insight […]
Hard Rock Plans Mega Resort in Brazil’s Gramado
Gramado in Brazil will host the country’s largest Hard Rock resort. The hotel aims to open in 2027. It will offer 858 rooms, five eateries, a spa, stores, and an event area. The estimated budget is R$1 billion or US$200 million. The resort will cover about 143,000 square meters. Several companies are involved. Mundo Planalto […]