In a recent meeting in São Paulo, the diversification of credit sources for Brazil’s agriculture sector was discussed to address the financial needs of farms of all sizes. Brazil maintains a cultivation area the size of Argentina and feeds more than a billion people worldwide. Producers identify four main challenges: outdated Harvest Plan, budget constraints, […]
Related Posts
Inside Apple Mac week: New power, smarter AI, bold innovations
Apple’s week of Mac announcements kicked off Oct. 28, and all the reveals are now official. The lineup includes a refreshed iMac with the new M4 chip and updated color options, plus redesigned accessories — keyboard, mouse and trackpad — now featuring USB-C ports. Apple also announced the rollout of Apple Intelligence, its latest artificial […]
Dollar rally halts after July US labor market data
The U.S. dollar’s recent rise against other currencies, including the Brazilian real, came to a pause after the release of U.S. employment data for July. During the week, the dollar flirted with levels above R$ 4.90 due to a spike in U.S. Treasury yields, leading to the dollar’s global appreciation. However, the employment figures, showing […]
Nubank Sees Profit Surge Amid Rising Delinquencies and Expansion
Nubank reported a net profit of $378.8 million in the first quarter of 2024, marking a 167% increase from the same period last year. Despite this impressive growth, the figure fell short of the $404.8 million analysts had projected. Compared to the previous quarter, the net profit grew by nearly 5%. The company’s revenue hit […]