Brazil’s government is facing mounting pressure as it decides on a request from Chinese carmaker BYD to reduce import tariffs for a year on semi-assembled electric and hybrid vehicles. The proposal, now under review by the Chamber of Foreign Trade, or Camex, has sparked a wave of opposition from global carmakers and regional governors who
SAO PAULO (AP) — Police in Brazil arrested a suspect in connection with a cyberattack that diverted more than 540 million Brazilian reais (about $100 million) from the country’s banking systems, authorities said Friday. The breach affected Brazil’s widely used instant payment system, known as PIX, which is used by 76.4% of the population. Hackers
SAO PAULO (AP) — Police in Brazil have arrested a suspect in connection with a cyberattack that diverted more than 540 million Brazilian reais (about $100 million) from the country’s banking systems, authorities said Friday. The breach affected Brazil’s widely used instant payment system — known as PIX — which is used by 76.4% of