brazil

Brazil-based fintech company PagSeguro Digital Ltd (NYSE: PAGS) offers investors an impressive growth story and it likely ranks as the third-largest digital bank in the country, according to JPMorgan. The PagSeguro Digital Analyst: Domingos Falavina upgraded PagSeguro Digital's stock from...

A BofA Securities survey of Brazilian e-commerce shoppers indicates a decline in purchase intent versus reported purchases across almost all categories. This contradicts the earlier view of active app user strength, according to the sell-side firm.  The Latin America E-Commerce...

Global Developments in Germany, Canada and Brazil Germany has approved a large phase 2b study on psilocybin for treatment-resistant depression. Dr. Gerhard Gründer, of the Central Institute of Mental Health Mannheim, will lead the study alongside the Department of Psychiatry and...

Pfizer Inc (NYSE: PFE) is in negotiations with the government of Brazil to supply its COVID-19 vaccine to the country, Reuters reported Thursday. What Happened: The negotiations are reportedly centered around supplying the vaccine in the first quarter of 2021. “We are working strongly with...

Brazilian health regulator has decided to halt clinical trials of a frontrunning Chinese vaccine following a “severe adverse event” observed in a participant, Bloomberg reported Monday. CoronaVac, a vaccine candidate developed through joint efforts by Chinese biopharma...

Amazon Inc (NASDAQ: AMZN) has expanded its e-commerce logistics centers in Brazil to eight, according to a Reuters report on Monday. What Happened: The company has added three new centers in the states of Minas Gerais and Rio Grande do Sul and the capital city of Brasilia....

Shares of Roku Inc (NASDAQ: ROKU) are up in after-hours trading after beating third-quarter earnings estimates with strong advertising growth.  Financials: In the third quarter, Roku had revenue of $451.7 million. This was a 73% year-over-year increase for the company and easily beat...

United States President Donald Trump and First Lady Melania Trump confirmed they have tested positive for the coronavirus early Friday morning.  Trump is one of several world leaders who has downplayed the virus. Trump has been vocal against wearing masks, even criticizing former Vice...

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) confirmed Tuesday a partnership with a Rio de Janeiro-based distributor, which will bolster the company's delivery services to the largest medical cannabis market in Latin America. Pursuant to the two-year deal, which would...

Benzinga took a look at high profile IPOs coming in the second half of 2020. Six of those 13 companies could price the week of September 14. Here is a look at the 12 companies expected to go public. Amwell: Alphabet Inc. (NASDAQ: GOOG) backed Amwell (NYSE: AMWL) plans to sell 35 million shares...

The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness from the technology sector. Remember This: “August benefited from multiple tailwinds, resulting in one of the best Augusts on record. Those tailwinds look stretched and at risk, however,” said Brad...

Throughout the 20th century, the United States was the largest global exporter of most grains and oilseeds, including corn, wheat, and soybeans. In recent years, other countries and regions have grown in importance – the Black Sea has become a major player in corn and wheat and South America...

Facebook Inc (NASDAQ: FB)-owned WhatsApp has launched its first rollout of payments on the platform in Brazil. What Happened: Facebook says it has built payments with security in mind, and a special six-digit PIN or fingerprint will be required to prevent unauthorized transactions. The service...