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Brazil's biggest utility is exploring options to guarantee the power supply for a $50 billion data center project aimed at putting Rio de Janeiro at the forefront of artificial intelligence in Latin America....
Nu Holdings Ltd. said it intends to obtain a banking license in Brazil after regulators moved last week to prevent non-bank companies from using the word “bank” in their brands....
French renewable energy provider Voltalia SA is pursuing data center projects in Brazil with investors including TikTok owner ByteDance Co Ltd. and private equity powerhouse Brookfield Corp., according to people familiar with the matter....
The meteoric rise of Brazil's Banco Master SA, which collapsed last month amid allegations of fraud, depended heavily on its ties to XP Inc., whose retail investing platform made possible a near doubling of the failed bank's lending portfolio every year....
Two years after taking over at Banco Bradesco SA, Marcelo Noronha is leading a turnaround that's sent the bank's shares up 64% this year, outperforming every other major Brazilian retail bank....
Brazilian digital bank Nubank dismissed two employees for just cause after detecting an alleged plan to sabotage its internal systems, according to ......
Amazon.com Inc. will offer customers of Brazilian financial firm Nu Holdings Ltd. a slew of special payment options, including more credit to shop with the e-commerce giant, as online competition intensifies ahead of the holiday season....
A group of banks is hiring FTI Consulting Inc as an adviser amid concerns that Braskem SA's debt talks will affect payments on a revolver loan the company recently tapped with the lenders, according to people familiar with the matter....
Brazilian fintech Velotax has raised BRL125mn ($23.3mn) in a Series A funding round backed by international investors QED Investors, Valor Capital ......
Banco do Brasil SA, the biggest lender to Brazil's agriculture industry, is threatening to stop making loans to farmers who file for bankruptcy protection as a wave of defaults hits the nation's rural regions....