June opened with the U.S. dollar spot rate softening, continuing a May increase of 1.12%. Influencing this drop were anticipated U.S. interest rate cuts and electoral results in Mexico. The day saw the dollar decline by 0.30%, with buying rates at 5.233 reais and selling at 5.234. Meanwhile, futures on the B3 dipped slightly by […]
Related Posts
Lithium’s Pricing Revolution
Global lithium mining companies are adopting auction-based pricing to manage soaring demand and volatile prices. As sustainable energy needs grow, lithium’s role becomes crucial, transitioning towards transparent pricing similar to iron ore’s historical shift. Albemarle Corp., a leading lithium supplier, spearheaded this move in March, allowing buyers to bid on shipments. In addition, this auction […]
Moody’s Report: Brazil’s Energy and Water Sectors Poised for Expansion
The Brazilian infrastructure sector presents promising investment opportunities across various business lines, according to Moody’s risk assessment agency. Moody’s highlights that electricity distribution companies like EDP Espírito Santo, Enel Rio de Janeiro, and Light will seek to renew their concessions in 2025 and 2026. New guidelines for electricity distribution concessions have been set by the […]
Santos Secures Thrilling 3-2 Victory Over Mirassol to Reclaim Serie B Lead
Santos emerged victorious in a nail-biting encounter against Mirassol, winning 3-2 in the 31st round of the Brazilian Serie B. The match took place at Vila Viva Sorte Stadium in Santos, which celebrated its 108th anniversary on October 12th. Giuliano opened the scoring for Santos with a powerful first-time shot from the edge of the […]