The Ibovespa faced a setback on Wednesday, influenced by Bradesco’s underwhelming financial results. This shift caused the Brazilian index to fall 0.35% to 129,957.84 points, a contrast to its previous gains. Dierson Richetti of GT Capital noted the decline was a corrective reaction to its recent surge. The index now encounters hurdles in its growth […]
Related Posts
Opinion: Brazil’s Challenge – Cut High Business Costs
(Opinion] Brazil’s government is implementing 17 key initiatives over two years to reduce the so-called and somewhat infamous ‘Brazil Cost.’ The ‘Brazil Cost’ refers to the heavy expenses of doing business in Brazil. Currently, these expenses exceed those in wealthier countries by R$ 1.7 trillion ($341 billion) annually. This amount represents one-fifth of Brazil’s total […]
Saudi World Defense Show Shines in Second Edition
The Riyadh Exhibition and Convention Center recently wrapped up the five-day World Defense Show (WDS), starting on February 4th. Its remote setting didn’t hinder the display of over 70 ground systems and 50 aircraft. Tight security measures, including Patriot missile deployments, ensured attendee safety. The event drew over 750 exhibitors from 49 countries, offering a […]
eVTOL prototype promises 150 mph city-to-city hops
Vertical Aerospace, a U.K.-based company in the aerospace industry, has recently unveiled its latest full-scale eVTOL (electric vertical takeoff and landing) prototype, the VX4. This development marks a significant milestone in the company’s journey toward creating sustainable urban air mobility solutions. The VX4 is the most advanced eVTOL aircraft developed by Vertical Aerospace, featuring proprietary […]