REUTERS/Nacho Doce Demonstrators protest against Brazil’s President Michel Temer in Sao Paulo, Brazil, May 17, 2017. The signs read: “It’s over Temer! General elections. and Out Temer! Out reforms and General elections.” Brazil’s markets are getting slammed as a political scandal unfolds involving alleged bribery and the country’s president. And some of the biggest firms in […]

Jorge Lemann is behind some of America’s most iconic consumer brands. The Brazilian billionaire’s investment company, 3G Capital, has invested in or backed takeovers of Kraft, Heinz, Burger King, Tim Hortons, Anheuser Busch and SAB Miller. Now, Kraft Heinz — which counts Lemann and Warren Buffett among its top shareholders — is pushing for a deal for Unilever.  […]

Ryan Henriksen/Reuters Jorge Lemann is behind some of America’s most iconic consumer brands. The Brazilian billionaire’s investment company, 3G Capital, has backed takeovers of Kraft, Heinz, Burger King, and Anheuser-Busch. And it isn’t likely finished. Kraft Heinz Co., which 3G put together in 2015 after first buying Heinz and then Kraft, could strike a huge deal next […]

Budweiser maker AnheuserBusch InBev wants to buy Miller maker SABMiller, in what could be one of the top six corporate takeovers in history. And one Brazilian billionaire is behind it all. Remember Jorge Lemann? He’s the head of private equity firm 3G Capital, which has done deals with Kraft, Heinz, and Burger King. In 1999, Lemann […]

REUTERS/Ricardo Moraes Brazilian tycoon Eike Batista (C) attends his court hearing between his lawyers during testimonies in Rio de Janeiro November 18, 2014. Former Brazilian billionaire Eike Batista is out raising hundreds of millions of dollars for new venture projects that range from a generic Viagra that dissolves under your tongue to cloning cattle and […]

REUTERS/Ricardo Moraes Brazilian tycoon Eike Batista (C) attends his court hearing between his lawyers during testimonies in Rio de Janeiro November 18, 2014. Former Brazilian billionaire Eike Batista is out raising hundreds of millions of dollars for new venture projects that range from a generic Viagra that dissolves under your tongue to cloning cattle and […]

Brazilian authorities raided the mansion of fallen tycoon Eike Batista last week. In it, they found over $ 32,000 worth of Brazilian reais in cash along with jewels, cell phones and a number of expensive toys including 7 cars. The raid was announced on the Brazilian federal police’s website with a picture of Batista’s prized Lamborghini […]

Getty Images/ Ian Gavan/amfAR11 Adriana Ferreyr. A judge tossed out former Brazilian soap opera star Adriana Ferreyr’s $ 50 million lawsuit against her ex, billionaire hedge fund legend George Soros, Page Six reports. According to Page Six, the judge decided to nix the suit following an alleged outburst from Ferreyr.  “The judge said, ‘That’s it. […]

REUTERS/Ueslei Marcelino Brazil’s President Dilma Rousseff. Global investors are selling off Brazilian equities this morning, after Dilma Rousseff was narrowly re-elected as the country’s president Sunday.  Markets were hoping for a win from pro-business candidate Aecio Neves, and are expressing their disappointment this morning.  In Frankfurt, part-nationalized Brazilian energy giant Petroleo Brasiliero is down 10.78%.  […]

AP Photo Former governor of Pernambuco state and Brazilian Socialist Party (PSB) presidential candidate Eduardo Campos Socialist Brazilian Presidential candidate Eduardo Campos died in a tragic plane crash on Wednesday, potentially changing the outcome of an election that Wall Street has been watching very closely. What the Street is watching for is another shift in […]