São Paulo

Business • Markets
Brazilian fintech Nubank raises $400M Series G
NuBank logo
NuBank logo Credit: NuBank

NuBank, a fintech based in São Paulo, Brazil, is valued at $25 billion as the fourth most valuable financial institution in Latin America and the largest digital bank in the world by the number of customers and app downloads.

The round was led by private and public investors including Singapore’s GIC, Whale Rock, and Invesco. Current investors Tencent, Dragoneer, Ribbit Capital, and Sequoia also participated in the round.

Health
The first person to be vaccinated in Brazil is a black woman, ICU nurse, minutes after Coronavac being approved
The first person to be vaccinated in Brazil is a black woman, ICU nurse, minutes after Coronavac being approved
Credit: Courtesy of Twitter

Minutes after the first vaccine being approved for use in Brazil, the Coronavac Vaccine by the Chinese biopharmaceutical company Sinovac, the first person that has been vaccinated is a black woman, 54 years old, working in Sao Paulo's Emilio Ribas hospital, as ICU nurse.

Sports • Soccer
Palmeiras into Copa Libertadores final despite defeat to River Plate
Palmeiras into Copa Libertadores final despite defeat to River Plate
Credit: Twitter (Reproduction)

In a thrilling match in São Paulo, the game hinged on a series of contentious decisions that went against the visitors after consultations with the Video Assistant Referee (VAR). River won the game 2-0 but it was not enough to revert the 3-0 Palmeiras' victory in Buenos Aires.

Palmeiras will play either Boca Juniors or Santos in the final of the Libertadores, South America's equivalent of UEFA's Champions League, later this month.

Regional News • Americas • Brazil
Jair Bolsonaro leaves hospital after bladder stone surgery
Jair Bolsonaro, after the surgery
Jair Bolsonaro, after the surgery

Brazilian President Jair Bolsonaro left the Albert Einstein Hospital in São Paulo after a surgery to remove a bladder stone. The surgery was scheduled for Friday morning.

During an interview to CNN, Bolsonaro said: "Why did I operate on a Friday? Not to lose 2 or 3 working days. I have a lot of work. That's why I thought it was better to have the surgery over the weekend."

Regional News • Americas • Brazil
São Paulo city hall postpones 2021 Carnaval
São Paulo Samba School, 2020
São Paulo Samba School, 2020 Credit: Jose Cordeiro / SPTuris

The São Paulo Carnaval of 2021 was officially postponed. Bruno Covas (PSDB), mayor of São Paulo, made the announcement at a press conference at Palácio dos Bandeirantes on Friday.

Despite not having a new date confirmed, the event should happen from May of next year.

Regional News • Americas • Brazil
Brazilian delivery apps workers go on strike
Brazilian delivery apps workers go on strike
Credit: Twitter (Reproduction)

Over a thousand food delivery apps workers on motorcycles gathered in São Paulo on Wednesday to protest their work conditions, set by Uber, Colombia’s Rappi and Brazil’s iFood.

The deliverymen seek higher pay and better health measures, with Brazil now a Covid-19 epicentre and delivery workers facing exposure to the virus with their work in high demand.

Regional News • Americas • Brazil
Brazil is close to a deal to produce Oxford Covid-19 vaccine
Brazil is close to a deal to produce Oxford Covid-19 vaccine
Credit: Centers for Disease Control and Prevention (Creative Commons CC0 Waiver)

Brazilian interim Health Minister Eduardo Pazuello said Brazil is close to signing a contract to produce a trial vaccine developed by the Oxford University and supported by AstraZeneca.

The country started human clinical trials for the potential vaccine this weekend with 3,000 people in São Paulo and Rio de Janeiro, becoming the first country outside the United Kingdom to test the vaccine.

Oxford researchers expect to launch the vaccine by year-end.

Regional News • Americas • Brazil
Mayor of São Paulo diagnosed with Covid-19
Bruno Covas
Bruno Covas Credit: Governo de São Paulo

Bruno Covas, mayor of São Paulo, announced Saturday he tested positive for Covid-19. The mayor has no symptoms and was tested for coronavirus during a routine checkup.

Earlier this year Covas had already beaten his two previous tumours into remission with chemotherapy.

Regional News • Americas • Brazil
Brazil's Supreme Court blocks Bolsonaro decision to expel Venezuelan diplomats
Justice Luis Roberto Barroso
Justice Luis Roberto Barroso Credit: Fellipe Sampaio /SCO/STF (Creative Commons Attribution ShareAlike 4.0)

Justice Luis Roberto Barroso issued an injunction on Saturday suspending for 10 days a decision by Brazil's President Jair Bolsonaro to expel Venezuela's 30 diplomats and consular staff.

Barroso said the immediate ejection of the diplomats in the midst of the coronavirus pandemic countered humanitarian principles. The consular personnel is based in the cities of Brasilia, Sao Paulo, Rio de Janeiro, Manaus, Belem, and Boa Vista.

Sports
Brazilian soccer stadiums converted into hospitals

Rio de Janeiro's Maracanã and São Paulo's Pacaembu stadiums are being converted into field hospitals to increase the number of available beds to tackle the spread of the coronavirus outbreak.