Ten to fifteen industrial robots are delivered to ABB Robotics unit in Sorocaba, São Paulo every month. These robots have been performing repetitive tasks in vehicle assembly lines for years. Industrial robots at the multinational workshop are dismantled, upgraded, and tested before being resold. Retired equipment typically costs 40% to 60% of the price of…
Some Braskem creditors are attempting to stop the company from investing in its Mexican unit, Braskem Idesa, fearing that it could drain resources needed for Brazilian petrochemicals during the debt restructuring process. The creditors requested a temporary ban from the Justice of São Paulo on Braskem and other entities involved in the Brazilian restructuring to…
Meta appears to have a promising AI product, but the company’s journey to dominating this new era of consumer artificial intelligence is uncertain. Meta introduced Muse, a user-friendly personal AI assistant, two weeks ago. The accompanying app, serving as the interface for the agent, became the top-ranked app on the US Apple App Store on…
Afya and Yduqs have agreed to merge their businesses, forming one of the largest education groups in the country, generating annual revenue of R$9.4 billion. The deal was announced by the companies on Wednesday and is subject to approval from shareholders and regulatory authorities. The company brings together the top provider of medical education in…
Brazil has become a prominent player on the global stage regarding the use of cryptocurrencies, according to the Global Crypto Adoption Index released by Chainalysis. The company considered four aspects in order to achieve the outcome: crypto service providers, peer-to-peer transactions, international transfers, and on-chain cryptocurrency holdings. The nation has surpassed major economies like Japan,…
The Federal Revenue announced on Wednesday (23) the availability to check the remaining batch of individual income tax refunds for September. Refunds will be credited to bank accounts on September 30th. The residual batch includes refunds for statements submitted late by the taxpayer and refunds from previous years that had not been paid yet, totaling…
Cade approved the second operation involving BH Supermarkets and DMA Distribuidora without any restrictions. The deal involves the mining group acquiring 114 retail stores in Minas Gerais. The operation is a result of the agreement made in April by the two companies to combine their operations. The combined group will have approximately 600 stores, distribution…
Chinese purchases of Brazilian soybeans have dropped significantly due to costly prices, which are squeezing the profits of the processors. This situation could raise concerns about potential supply shortages in the world’s biggest consumer if the slowdown continues. Brazilian soybean trade transactions dropped to under five shipments in the past two weeks, averaging around 20…
The US Export-Import Bank is providing financial support of up to $6 billion for Argentina’s primary natural gas initiative, showcasing President Donald Trump’s backing, as President Javier Milei aims to draw in overseas investments. The U.S. government credit agency has made an offer to the Argentina LNG project, which is set to become the biggest…
Shortly before the 2026 first round of elections on October 4, voters’ mobile phones are inundated with audio, video, and messages regarding polls, candidates, and voting locations. Some of this content is inaccurate, while other parts present genuine information that has been taken out of context, edited, or with altered dates. To determine if it’s…