Latest Brazil News

Global clean energy just set a record. These 5 charts show how

May. 08, 2024 13:12 PM EDT

Billions of people are using different kinds of energy each day and 2023 was a record-breaking year for renewable energy sources — ones that don't emit planet-warming pollutants like carbon dioxide and methane — according to a report published Wednesday by Ember, a think tank based in London. ...

Too much water, and not enough: Brazil's flooded south struggles to access basic goods

May. 08, 2024 00:36 AM EDT

PORTO ALEGRE, Brazil (AP) — The mayor of a major city in southern Brazil on Tuesday pleaded with residents to comply with his water rationing decree, given that some four-fifths of the population is without running water, a week after major flooding that has left at least 90 people dead and more...

From flooding in Brazil and Houston to brutal heat in Asia, extreme weather seems nearly everywhere

May. 07, 2024 22:14 PM EDT

In sweltering Brazil, flooding killed dozens of people and paralyzed a city of about 4 million people. Voters and politicians in India, amid national elections, are fainting in heat that hit as high as 115 degrees (46.3 degrees Celsius). A brutal Asian heat wave has closed schools...

Telefonica Brasil: Q1 Earnings Snapshot

May. 07, 2024 19:14 PM EDT

SAO PAULO-SP, Brazil (AP) — SAO PAULO-SP, Brazil (AP) — Telefonica Brasil SA (VIV) on Tuesday reported net income of $181 million in its first quarter. On a per-share basis, the Sao paulo-Sp, Brazil-based company said it had net income of 11 cents. The...

Floods in southern Brazil kill at least 75 people over 7 days, with 103 people missing

May. 05, 2024 18:24 PM EDT

RIO DE JANEIRO (AP) — Massive floods in Brazil’s southern Rio Grande do Sul state have killed at least 75 people over the last seven days, and another 103 were reported missing, local authorities said Sunday. At least 155 people were injured, while damage from the rains forced...

Madonna's biggest-ever concert transforms Rio's Copacabana beach into a massive dance floor

May. 05, 2024 11:37 AM EDT

RIO DE JANEIRO (AP) — Madonna put on a free concert on Copacabana beach Saturday night, turning Rio de Janeiro's vast stretch of sand into an enormous dance floor teeming with a multitude of her fans. It was the last show of The Celebration Tour, her first retrospective, which...

Brazil's Lula invites Japan's prime minister to eat his country's beef, and become a believer

May. 03, 2024 20:58 PM EDT

SAO PAULO (AP) — Brazil's President Luiz Inácio Lula da Silva on Friday welcomed Japan's Prime Minister Fumio Kishida on his first visit to the country, with the two meeting in the capital of Brasilia and the South American leader pushing his counterpart to buy his country's beef. ...

Banco Bradesco: Q1 Earnings Snapshot

May. 03, 2024 05:07 AM EDT

SP BRAZIL, Brazil (AP) — SP BRAZIL, Brazil (AP) — Banco Bradesco SA (BBDO) on Thursday reported net income of $832.4 million in its first quarter. The Sp Brazil, Brazil-based bank said it had earnings of 7 cents per share. Earnings, adjusted for non-recurring costs, came to 8...

Gerdau: Q1 Earnings Snapshot

May. 03, 2024 05:05 AM EDT

SAO PAULO SP, Brazil (AP) — SAO PAULO SP, Brazil (AP) — Gerdau SA (GGB) on Friday reported earnings of $412.8 million in its first quarter. The Sao Paulo Sp, Brazil-based company said it had net income of 20 cents per share. Earnings, adjusted for non-recurring gains, were 12...

Death toll from heavy rains in southern Brazil jumps to 29, with 60 more still mising

May. 02, 2024 19:27 PM EDT

The death toll from heavy rains in Brazil’s southern Rio Grande do Sul state jumped to 29 as of Thursday night, with another 60 people missing, according to the state's civil defense agency. The agency had said in its prior report, at noon, that 13 people were dead and 21 people...