Cocoa prices have soared, challenging chocolate lovers as Valentine’s Day nears. Record temperatures add stress to agriculture, energy, and transport. The market highly anticipates the upcoming oil reports from OPEC and the IEA, which promise to provide insights into the future of the commodity sector. Key earnings from Barrick Gold Corp., Deere & Co., and […]
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Brazil witnessed a third monthly drop in its federal tax revenue this August. The tax service reported a 4.14% fall compared to last August, totaling 172.785 billion reais or $35 billion. Previously, revenue fell 4.20% in July and 3.37% in June. One factor is a 23.30% decline in corporate tax. Tax authorities said this sector […]
Batista’s $4.8 Billion Eldorado Venture Boosts Brazil’s Agribusiness
Eldorado Brasil Celulose has launched a significant R$25 ($4.81) billion investment for a new production line in Três Lagoas, Mato Grosso do Sul. Announced in São Paulo at the Esfera Brasil event, this development aims to transform the regional economy and enhance the agribusiness sector. The project includes constructing a 90 km railway to Aparecida […]
