Moody’s has upgraded Localiza’s global credit rating from “Ba2” to “Ba1,” a significant development for Brazil’s largest car rental company. The agency also shifted Localiza’s outlook from positive to stable, indicating a balanced view of its future. This change stems from Brazil’s improved sovereign credit rating, recently raised to “Ba1” with a positive outlook. The […]
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Leaders announced the Global Biofuels Alliance at the G20 Summit in New Delhi. It aims to ramp up eco-friendly fuel production. Brazil’s President was among the attendees at the launch. Nineteen nations, including top producers Brazil, the U.S., and India, joined the group. The alliance also welcomes 12 global organizations and is open to new […]