Eve Air Mobility has secured an $88 million loan from Brazil’s National Development Bank (BNDES) to fund the construction of its electric vertical take-off and landing (eVTOL) aircraft production facility in Taubaté, São Paulo.
The Brazilian government is preparing a series of economic measures to curb mandatory spending following the second round of municipal elections, according to Finance Ministry officials.
Brazilian football star Neymar could potentially return to the field as early as October 21, according to sources close to ESPN Brasil. The 32-year-old has been on the sidelines for a year due to a serious knee injury.
Brazilian aerospace giant Embraer marked its 56th anniversary in August with ambitious plans to deepen its footprint in India, a market it considers a cornerstone...
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