Home » hard news » Page 5
Tag:

hard news

Business

Lula Receives $2 Billion Investment Boost for 99 in Brazil

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

99 Announces R$2 Billion Investment in Brazilian Delivery Fleet,Backed by Lula Administration

SÃO PAULO – 99,the ​Brazilian⁣ ride-hailing and delivery platform,announced a R$2 billion (approximately‍ $390 million USD) investment package in partnership with the Lula administration,focused on ​expanding access to electric mobility⁢ for delivery drivers across Brazil. The initiative aims to provide credit lines totaling R$6 billion to platform motorcyclists for the‌ acquisition and rental of motorcycles and electric bicycles.

The investment will facilitate ‌access to electric ⁢mobility technologies nationwide, ​increasing earnings for delivery workers, ​according to company ⁢executives. 99 has already established similar partnerships ⁢in Mexico and Colombia.

The ‍company is partnering with Galgo, Riba, ‌and Vammo‍ platforms to offer ​financing ​and⁢ rental options for electric models. The program is currently available in São Paulo and Belém – the host​ city of⁤ COP30 – with plans to benefit ⁤up to 600,000 deliverers by ⁤2030.

Beyond financial⁢ support, 99 is also developing an electric motorcycle⁤ in ​partnership ⁣with Chinese brand Yadea, with a plant already inaugurated in Manaus. The Keeness model is priced at $29,000.The company ‌is also launching an AI agent designed to streamline food ordering.

this declaration comes⁤ amid ⁢a growing “war ​of apps” as ⁣food delivery platforms compete​ for​ market share in Brazil, with billions of​ dollars at stake. Meituan, a Chinese⁤ delivery giant, is also preparing to⁢ enter ‌the Brazilian market.

0 comments
0 FacebookTwitterPinterestEmail
World

Brazil’s Top Hospitals Ranked: 22 Brazilian Hospitals in Newsweek’s Global List

by Lucas Fernandez – World Editor
written by Lucas Fernandez – World Editor

brazil ‌Dominates New Newsweek Hospital Ranking with 22 Institutions Listed

A new ranking of the world’s ⁤best hospitals released by Newsweek magazine showcases significant⁣ Brazilian representation, with⁤ 22 institutions making the list. The ranking, developed in partnership with Statista, analyzes data across eleven key areas, including⁢ reputation, patient experience, and quality of treatment.The hospitals recognized include:

⁣ Mater dei​ Hospital Santo Agostinho (Belo Horizonte)
 UNICAMP Hospital ​das Clínicas de Campinas (Campinas)
Little Prince Children’s Hospital ⁤(Curitiba)
 ⁤ Moinhos ‌de Vento Hospital (Porto Alegre)
Pro-Cardiac Hospital (Rio de ‌Janeiro)
 ⁣Pro Matre paulista (São paulo)
AC Camargo cancer Center (Sao Paulo)
 ⁣⁣ BP – The Portuguese beneficence ‍of São Paulo (São Paulo)
⁣ GRAACC – institute of Pediatric oncology (IOP) (São Paulo)
 Hcor (Heart Hospital) (São Paulo)
​German Hospital Oswaldo Cruz (São Paulo)
 ⁢Hospital das Clínicas, University of São Paulo⁢ (São Paulo)
‌ ⁢ Santa ⁢Joana Hospital and Maternity (São‌ Paulo)
 ⁢ ⁤ SEPACO‍ HOSPITAL AND MATERNITY (SAO PAULO)
⁢ Sabará Children’s Hospital (São Paulo)
 Einstein Hospital Israelita (São Paulo)
​ Nove de Julho Hospital ⁣(São Paulo)
 São Luiz Itaim Hospital (São⁤ Paulo)
‌ ‌ São Paulo Hospital – UNIFESP (São ‌paulo)
 ⁤ Sirio-Lebanese Hospital (São Paulo)
Dante Pazzanese Institute of Cardiology (São Paulo)
 Heart ⁢Institute (Incor) (São⁤ Paulo)

Brazil’s strong ​showing highlights the country’s ⁢advancements in medical care across ‍various specialties.Newsweek noted that Brazilian hospitals are consistently well-represented within the top 50 globally.

Specifically, ⁣Hospital Israelita Albert Einstein ranked eighth worldwide in gastroenterology, while the Syrian-Lebanese ⁢Hospital secured ‌15th place in‌ urology.In cardiology,the heart Institute (Incor),a public institution affiliated with the University of⁤ São Paulo Hospital das Clínicas,achieved 12th place,followed by Albert Einstein at 16th. The syrian-Lebanese hospital (43rd) and Dante Pazzanese Institute of⁤ Cardiology (46th)‍ also earned positions within the cardiology ⁢top 50.

The University of São Paulo Hospital das Clínicas was ranked 32nd in⁢ neurology, with albert Einstein (36th) and the Syrian-Lebanese Hospital (43rd) also‍ appearing‍ in the neurology rankings.

0 comments
0 FacebookTwitterPinterestEmail
Technology

Learn how to watch live the biggest lunar eclipse of the year this Sunday

by Rachel Kim – Technology Editor
written by Rachel Kim – Technology Editor

Biggest Lunar Eclipse of​ the Year to be Livestreamed This Sunday

The National Observatory⁢ of Brazil will livestream the total lunar⁣ eclipse occurring at dawn on September⁣ 8th, allowing viewers to witness the event in ‌real-time despite it being daytime in Brazil. The broadcast begins at 12:00 PM​ (GMT) on Sunday, ​September 7th, offering a thorough view of each phase of the eclipse.

While Brazilians won’t be able to observe the ‌”blood moon” with the naked eye, the eclipse will ⁤be visible in other parts ⁤of the⁤ world. viewers in India can expect the eclipse ​between 11:00 PM on September 7th and 12:22 AM on September 8th, ​while Australia will see ⁤it between 1:30 AM​ and 2:52 AM on September 8th. Countries like Egypt ⁢and ​South Africa are also positioned for optimal viewing.

This eclipse marks the largest of the ⁣year, and ‍for those in Brazil, ⁤the next opportunity to witness a total‍ lunar eclipse will be on March 3, 2026, according to NASA. Astronomers ⁤recommend beginning observations approximately 75 minutes‌ before totality for the most immersive experience, even‌ in locations where the eclipse is directly visible.

0 comments
0 FacebookTwitterPinterestEmail
Business

US Futures Mixed Amid Job Report Expectations

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

US Futures Trade Mixed Ahead of Key Jobs⁣ Report

US stock futures are⁤ exhibiting a mixed performance Friday morning as investors await the release of crucial jobs data expected to ‌offer further insight​ into the health of the American economy​ and potential shifts in Federal Reserve policy.

The upcoming employment report is‌ widely anticipated to influence market⁢ sentiment and could dictate the ​trajectory ‍of interest rates. A strong report could reinforce expectations of continued tightening by the Fed, potentially pressuring stocks,⁢ while a weaker reading might signal a pause in rate hikes, offering a boost to equities. This data arrives amid ongoing uncertainty surrounding commercial tariffs ​previously imposed by former President Donald Trump, with the Supreme Court recently asked to quickly analyze an⁣ appeal⁣ against​ a ⁢lower court decision deeming​ many of those‌ tariffs illegal.

European Markets: European markets showed varied performance Thursday.The Stoxx 600 rose 0.23%,the ⁢DAX (Germany) gained 0.37%, and the FTSE ⁣100 (United Kingdom) edged up 0.04%. Conversely,‌ the CAC 40 (France) fell 0.41% and the FTSE MIB (Italy) ⁣increased 0.16%. These movements occurred against a‍ backdrop⁣ of investor caution ‍regarding the potential impact of US trade policy.

Commodities: ⁤Oil ⁣prices continued their downward trend, with WTI crude falling‍ 0.89% to ​$63.40 a ‌barrel and Brent crude declining 0.83% to $67.04 a barrel.‌ The decline follows expectations surrounding a meeting of OPEC+ to evaluate a​ potential increase in production goals. Meanwhile, iron ore prices in China reached multi-week highs, rising 1.67% to⁢ 791.50 yuan ($110.82)⁣ on the Dalian Stock Exchange, fueled by‍ anticipated demand recovery in​ the country.Bitcoin: Bitcoin (BTC) experienced a slight decrease, falling 1.15% to $11,0730.52 over the past 24 hours.

(Reuters and Bloomberg contributed to this report)

0 comments
0 FacebookTwitterPinterestEmail
World

After more than 20 years, European Commission validates agreement with Mercosur; Text now goes to member countries

by Lucas Fernandez – World Editor
written by Lucas Fernandez – World Editor

After more than two decades of negotiations, the European Commission has validated⁤ a trade agreement with⁣ Mercosur, the South American trade bloc. The text now moves to individual EU member countries for ratification, a process expected to take months and potentially face opposition.

The agreement aims to reduce the European Union’s reliance on‌ the United States following the imposition of commercial tariffs by‌ washington, while bolstering⁣ its presence in a region increasingly influenced by China. For Brazil, Mercosur’s largest⁤ economy, the deal represents a significant economic prospect,‌ with President ‌Lula ​da Silva a vocal supporter as taking office in 2023. The ‌Institute of Applied Economic Research (Ipea) projects that Brazilian agricultural exports to‌ the EU could increase by $7.1 billion between 2024 and 2040 as a result of the agreement.

The EU ⁣has also signaled renewed interest ​in trade agreements with ​India,​ Indonesia, and Thailand, and ‌is expected to announce details of a deal with Mexico on ‌Wednesday. The mercosur pact is intended to counter China’s growing role as a major industrial supplier and commodity buyer in South America.

0 comments
0 FacebookTwitterPinterestEmail
Business

Brazil’s GDP: Slowdown Expected as IBGE Data Reveals Mixed Signals

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Brazil‘s Economic Growth Projected to Slow, Potential for Contraction in Q4

RIO DE JANEIRO, BRAZIL – Brazil’s economic ⁢momentum is expected to wane in the coming months, ‌with projections indicating a slowdown in the second quarter⁤ and⁤ a potential for stagnation or even negative growth in the fourth, according to economists. While⁤ the economy experienced robust growth in ⁢the first quarter, factors⁤ including tighter monetary policy, a higher comparison base, and recently imposed U.S.tariffs are contributing to increasing uncertainty.

Economists anticipate a 0.5% growth in‍ the second quarter, with full-year expectations ranging from 2% to 2.3%, despite a recent slowdown. However,⁣ these ⁢forecasts carry a “low bias” due to both domestic and international uncertainties.

“We see a total GDP around zero or⁤ even slightly negative,” stated Margato, highlighting concerns for the fourth quarter. The absence ⁤of a “precatory effect” – a‍ one-time boost from previous measures – coupled with the lagged impact of monetary tightening, is expected ​to weigh on growth.

the imposition of tariffs by U.S. President Donald‌ Trump adds another layer of complexity. Potential impacts on Brazilian industrial sectors and exports are generating market uncertainty, which can stifle investment.

“When we add uncertainty, even though, effectively, ‌the data​ may not be so bad, investors start to get a little‍ silent because they⁤ do not know what will happen,” explained Juliana Trece, an economist at Ibre/FGV.”Usually they expect more facts, and this is bad as⁤ investment decisions precede the result we will see in the economic activity up front.”

The upcoming release‍ of ⁢the iPhone 17, boosted by new AI features in iOS 26, is⁣ also noted as a potential ⁣driver of economic activity.

0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts
@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com