Shares of Raízen SA soared on Monday, posting their biggest intra-day gain on record, after the newspaper O Globo reported ...

It was just another Tuesday morning in the heart of Brazil’s sugarcane region when workers in Sertãozinho, a small town four hours away from Sao Paulo, heard the news.

A Brazilian sugar and ethanol powerhouse backed by Shell Plc is seeking fresh capital after bad bets led to a surge in debt.