#sao_paulo

Cosan Prepares Secondary Offering of Compass Gas e Energia Shares Cosan S.A., a Brazilian conglomerate, announced on April 28, 2026, that it has disclosed documentation for a secondary public offering of common shares in Compass Gás e Energia S.A. The shares, held by Cosan and other shareholders, will be sold in Brazil's unorganized over-the-counter market. The offering involves approximately 15% of Compass's total share capital, with the final number of shares and price per share to be determined through a bookbuilding procedure under CVM Resolution No. 160. This move is framed as a liquidity event for existing shareholders rather than a primary capital raise for Compass. The transaction follows a partial and disproportionate spin-off of Cosan Dez Participações S.A., completed on Tuesday. This restructuring transferred net equity to Compass, which issued 142,838,019 new common shares to Cosan. The spin-off converted Cosan's indirect interest in Compass into a direct 20% equity stake. Cosan emphasized that this transition does not alter its own share capital or shareholders' equity as reported in its financial disclosures. The operation is described as an ownership adjustment to facilitate the secondary offering, with Cosan maintaining its principal executive offices in São Paulo. The offering adheres to Brazilian financial regulations governing securities negotiations. Market participants are closely monitoring the potential impact on Compass's stock liquidity following the increased share supply. Cosan and Compass stated they will provide updates on the share sale's progress, with pricing finalized on the designated pricing date. The bookbuilding process will determine the effective number of shares, with demand during this phase influencing the valuation of the divested stake.#sao_paulo #cosan_s_a #compass_gas_e_energia_s_a #cvm_resolution_160 #over_the_counter_market

Brazil has found a sweet way to protect itself from rising world oil prices. Here's how As tensions escalate in the Middle East, Brazil has emerged as a notable exception to the global surge in fuel prices, thanks to its long-standing reliance on ethanol. The country’s dual-fuel infrastructure, which allows vehicles to run on a mix of ethanol and gasoline, has provided a buffer against volatile oil markets. This system, established in 1975 during Brazil’s military dictatorship, has evolved into a cornerstone of the nation’s energy strategy, reducing dependence on foreign oil and offering a cleaner alternative to fossil fuels. The program’s success is evident in Brazil’s recent fuel price trends. While global markets have seen gasoline prices rise sharply—by 30% in the United States in March—Brazil’s prices increased by only 5% during the same period. Analysts attribute this stability to a mature domestic biofuels industry that enables the country to mitigate the impact of geopolitical shocks without facing severe fuel shortages. The Brazilian Sugarcane Industry Association’s president, Evandro Gussi, emphasized that Brazil’s unique position is rooted in its ability to offer a viable alternative to traditional gasoline. The timing of this advantage coincides with a record ethanol production cycle. Brazil’s next sugarcane harvest, set to begin in early April, is projected to yield 30 billion liters of ethanol—4 billion more than the previous year’s output. This surge is significant, as it equals the total amount of gasoline Brazil imported in 2024. The expansion of ethanol production has been supported by both large-scale agribusinesses and smaller family farms, such as Bom Retiro, a 40-square-kilometer operation founded in 1958.#brazil #sao_paulo #ethanol #unicamp_university #lula_da_silva

TAAG Introduces Premium Economy Class on São Paulo to Luanda Route Using Boeing 787 TAAG Linhas Aéreas de Angola has reintroduced the Premium Economy cabin on its flights between São Paulo and Luanda, effective March 1, 2026. The new service is available on routes DT-747 and DT-748, operated by the Boeing 787-9 Dreamliner. This class serves as an intermediate option between Economy and Business, providing enhanced comfort and differentiated services at a more affordable price than Business class. The Boeing 787-9 aircraft operated by TAAG has a total capacity of 313 seats, divided into 16 Business class seats (configured as 1-2-1), 21 Premium Economy seats (arranged in a 2-3-2 layout), and 276 Economy class seats (in a 3-3-3 configuration). This setup ensures greater space and comfort for passengers in the Premium Economy class. Fares for the Premium Economy class on the São Paulo–Luanda–São Paulo route start at USD 1,500 (approximately R$ 7,800) for bookings made at least 45 days in advance, and USD 1,750 (around R$ 9,200) for last-minute purchases within 45 days of departure. These prices are subject to additional taxes. From Luanda, TAAG offers connections to nine African destinations, including Cape Town, Johannesburg, São Tomé, Windhoek, Maputo, Kinshasa, Brazzaville, Lagos, and Nairobi. The airline also serves multiple Angolan provinces and operates flights to Portugal. Passengers can book Premium Economy tickets through TAAG’s official channels, such as its stores, call center, mobile app “flytaag,” website, and partner travel agencies. For flights originating in Brazil, TAAG provides a special payment plan allowing purchases via travel agencies to be split into up to four interest-free installments.#sao_paulo #luanda #boeing_787_9 #premium_economy #taag_linhas_aerias_de_angola

First Stand 2026 Qualifying Teams Revealed The second edition of Riot Games’ First Stand international tournament will take place from March 16 to 22 in São Paulo, Brazil. The event will feature eight teams, an increase from the five participants in the 2025 edition. The tournament structure includes a group stage modeled after the GSL format, followed by a single-elimination knockout stage. All matches will be played in best-of-five series. The winning region will receive a direct bye into the Bracket Stage of MSI 2026, bypassing the Play-In stage. The LCK and LPL will each send two representatives to the tournament, while the LEC, LCP, LCS, and CBLOL will contribute one team each. The LCK’s qualification process is already underway, with Gen.G securing their spot after defeating BNK FearX in the Upper Bracket Final. The second Korean team will be determined between Dplus KIA and BFX on February 28. For the LPL, the playoffs begin on February 24, with the grand final scheduled for March 8, just one week before the tournament starts. Unlike the LCK, the LPL’s grand final will determine seeding for First Stand rather than solely crowning the champion. The LEC, LCP, LCS, and CBLOL will each select their representatives through their respective grand finals on March 1. This means the final teams for these regions will be announced on that date. The qualified teams for First Stand include: 2nd Seed: BNK FEARX 2nd Seed: Bilibili Gaming (lowest seed possible) 1st Seed: G2 Esports 1st Seed: Team Secret Whales The tournament’s format and regional representation highlight the growing global reach of competitive gaming, with teams from diverse regions vying for a spot in the prestigious event. The structure ensures a mix of established powerhouses and emerging contenders, setting the stage for an exciting competition in Brazil.#first_stand_2026 #riot_games #sao_paulo #gsl_format #msi_2026

First Stand 2026: Everything You Need To Know After the conclusion of the first split across all major regions, the first global event of the 2026 season, First Stand 2026 (FST), is set to take place in São Paulo, Brazil, from March 16 to March 22. This year’s tournament will feature eight teams, marking an expansion from the previous edition. The event will bring together the top representatives from the LCK, LPL, LEC, LCS, LCP, and CBLOL regions for a week of competitive action. The tournament will be divided into two stages: a Group Stage and a Knockout Stage. The eight teams will be split into two groups of four, each competing in a double-elimination bracket. The top two teams from each group will advance to the Knockout Stage, where a single-elimination format will determine the final winner. The Group Stage will run from March 16 to March 20, with matches starting at 14:00 CET each day. The Knockout Stage will begin on March 21, with the finals scheduled for March 22. Riot Games will host an FST Draw Show following the LPL Finals on March 8, where the group placements will be revealed. Fans tuning in to the event will have the opportunity to earn exclusive Drops, including an Evelynn emote reserved for the finals. Additional surprises will be available throughout the tournament. Players and supporters can also contribute by purchasing the Warhound Senna skin, which will be available for purchase from March 18 to April 15. A portion of the proceeds from these sales will support Riot’s initiatives. On-site co-streaming will be a key feature of the event, with local talent invited to broadcast live across multiple stages. Qualifying professional teams will also host official team co-streams during the tournament. The full list of co-streamers will be announced on March 11.#first_stand_2026 #riot_games #sao_paulo #visual_farm_gymnasium #lpl