Business
Southeast region has the highest air passenger movement in February since 2000
Civil aviation in Southeast Brazil reached a historic milestone in February this year, 4,902,827 passengers boarded at the region’s airports. The number represents the best performance for the second month of the year in the entire historical series, started in 2000 by the National Civil Aviation Agency (Anac), and exceeds by 6.8% the movement recorded […]
Port of Santos becomes a member of the International Association of Ports and Marinas
Disclosure – APS The Santos Port Authority (APS) joined the International Association of Ports and Marinas (IAPH), one of the main global entities in the port sector. The accession marks a new step in the international insertion of the largest port complex in Latin America among the most important ports in the world and expands […]
US unseats China as top importer of South Korean cosmetics
Business trends ‘K-beauty’ market shifts westward as ‘glass skin’ trend spreads on social media South Korean skin care products are sold at a Sephora store in New York. (Photo by Mizuki Uchiyama) NEW YORK — South Korean cosmetics, or K-beauty, are gaining popularity in the U.S. on growing interest driven by social media, leading America […]
Country Garden posts 1st profit since 2022 on restructuring gain
Companies Core business remains weak as developer reports underlying loss Chinese property developer Country Garden logged its first annual net profit in three years on March 30, helped by a conversion of part of its debt to equity. © Reuters HONG KONG — Chinese property developer Country Garden reported its first annual net profit since 2022, […]
China’s big banks eye profit relief but face new pressures from war, policy
Finance Deposit repricing, abating rate pressure buoy outlook; fee rules, Iran turmoil sow doubts China’s big state-owned banks expect good news ahead for their long-wallowing net interest margins — a key measure of bank profitability calculated as the difference between interest income and expenses. (Source photos by Reuters and Getty Images) LORRETTA CHEN and WATARU […]
Thai CEOs’ confidence hits three-year low, survey finds
Economy 24% of bosses are strongly upbeat about their prospects for revenue growth this year The Thai capital of Bangkok. CEOs in Thailand have become more pessimistic about their companies’ revenue outlook over the past year, according to a survey by professional services firm PwC. © Reuters JOSEPH RACHMAN March 30, 2026 19:28 JST Updated […]
PetroChina plots $32bn development drive, downplays Iran impact
Iran tensions As supply risks flare, Chinese energy majors face double-edged sword An attendant holds a nozzle after refueling a car at a PetroChina gas station in Beijing on March 10. © Reuters WATARU SUZUKI March 30, 2026 14:19 JST Updated on March 30, 2026 20:14 JST HONG KONG — PetroChina on Monday downplayed the […]
Indonesia’s Prabowo vows quicker energy transition amid global oil crisis
Energy Expansion of solar, geothermal and biodiesel among government’s priorities Indonesian President Prabowo Subianto is welcomed by Japanese Emperor Naruhito on his arrival for an audience at the Imperial Palace in Tokyo on Monday. © Reuters TOKYO — President Prabowo Subianto has vowed to accelerate Indonesia’s energy transition to protect the country against the global oil […]