'Fatherland's plans for infrastructure'

Also in Breakfast: Goldman believes artificial intelligence is driving global GDP | BlackRock calls mining a low carbon bet | What will change with new central bank appointments? Good morning, this is Breakfast, your first sip of news.

With R$140 billion in assets under management, Pátria Investimentos is looking for growth opportunities in the infrastructure and energy sectors in Latin America.

Besides Brazil, the group is looking at projects mainly in Colombia, Peru, Chile and Mexico.

"We will be looking for opportunities outside Brazil. We usually look at countries where contracts are honored, the regulatory environment is structured and there is an acceptable list of projects," said partner and head''Samsung believes the memory market is on the road to recovery thanks to rapid inventory reductions and the help of artificial intelligence. The South Korean company posted a net profit of 5.5 trillion won (US$4.1 billion), twice as much as expected.

🇯🇵 Disappointment for yen optimists. The Bank of Japan (BoJ) disappointed market expectations and decided to continue its negative interest rate, triggering an outflow of investment from the yen. The central bank also said it will be more flexible in controlling the yield on 10-year government debt.

🧧 Vulnerabilities persist. China continues to show conflicting signals regarding economic direction and reported a decline in the official business activity index''(PMI) in the manufacturing sector to 49.5 in October from 50.2 in September.

🍺 Profit in expectations. AB InBev's adjusted profit rose 4.1 percent to $5.4 billion in the third quarter on sales of $15.6 billion, slightly above market expectations. In Brazil, sales rose 5.3% and yield per hectoliter increased 5.5% for the period.

🚘 GM agreement. Following Ford and Stellantis, General Motors has reached an interim agreement with the United Auto Workers (UAW) union that includes a 25% increase in hourly wages as well as living wage supplements through April 2028.

→ These are the events that are driving the markets today

The markets with this''CB Consumer Confidence/Oct, Weekly Crude Oil Inventories-API

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The Breakfast team: Michelli Teixeira (editor/newsletter coordinator), Bianca Ribeiro (content producer), Filipe Serrano (editor, Brazil), Mariana d'\''Avila (assistant editor, Brazil)