Milhões Archives

Mota-Engil to Acquire Bahia Mineração: Port, Railway & Mine Deal in Brazil

February 23, 2026 by Daniel Foster - Senior Editor, Economy

Portuguese construction and infrastructure firm Mota-Engil is nearing a deal to acquire Bahia Mineração (Bamin), a Brazilian mining company owned by Eurasian Resources Group (ERG), according to reports emerging Monday. The potential acquisition includes a port concession, a railway line, and the mining operation itself, all located in the Brazilian state of Bahia. The move … Read more

Luso Brasileiro Bank Losses Under Amorim Leadership | Portugal News

February 16, 2026 by Daniel Foster - Senior Editor, Economy

Brazilian authorities are investigating the Banco Luso Brasileiro (BLB) for potential involvement in laundering money for the Primeiro Comando da Capital (PCC), Brazil’s largest criminal organization, according to investigations revealed in recent days. The inquiry, launched by the São Paulo Public Prosecutor’s Office, centers on deposits exceeding 20 million reais (approximately 3.24 million euros) made … Read more