Italian power company Enel is expected to invest €5 billion euros in Brazil over the next three years, as part of the global plan announced on Wednesday, which foresees investments of €170 billion worldwide by 2030. The group’s global investments over the decade represent an increase of 6% compared to that announced in 2020. Of […]
Embraer will take a stance in the public consultation opened by the National Agency of Civil Aviation (ANAC) to establish new rules for the distribution of operating authorizations (slots) in congested airports. The world’s leading regional jet planemaker will defend that sustainability criteria, such as reduction of carbon emissions and aircraft noise, are taken into […]
The Spanish beer brand Estrella Galicia, sold in Brazil since 2009, has chosen the city of Araraquara, 300 km north of São Paulo, to build its first factory outside Spain. With an expected investment of R$2 billion, the goal is to have 100% of its portfolio produced in the country as of 2023. The investment […]
The Brazilian government has put under debate a crucial issue for the over-indebted: how much creditors can take from the debtor so that there is enough money left over at the end of the month to pay for current expenses, such as food and housing. The government is working on the regulation of the so-called […]
Brazil’s President Jair Bolsonaro met with his Paraguayan counterpart Mario Abdo Benítez in Brasília. Among the topics discussed are the construction of the second bridge linking the two countries, a revision of the treaty on the construction of the Itaipu Dam, efforts against organized crime in the border area, and the use of the hydroelectric […]
The government of São Paulo State plans to get off the drawing board by the end of the current administration at least three concessions: the north part of the beltway of Greater São Paulo, called Rodoanel Mario Covas; the crossing of the coastal ferries; and a Public Private Partnership (PPP) to manage the infrastructure of […]
Since mid-October, when DuPont started putting its hybrid working model into practice in Brazil, CEO Etore Frederici has left his schedule free to be in the office on Fridays. Tasks that require greater concentration or days marked by an intense routine of calls, he prefers to leave for the home office. “When I go, I […]
Investors are selling several stocks, especially of consumer goods companies and payment fintechs, in a move directly related to the worse macroeconomic backdrop in Brazil. High inflation and interest rates, however, find specific variables of these companies that intensify this sales process. Bets on underperforming businesses, structural failures and even statistical effects – including the […]
In a year marked by strong market volatility and economic and political uncertainty in Brazil, capital market operations remained firm in 2021 and should remain heated next year. Alessandro Zema, Brazil country head at Morgan Stanley, said that the year should end with more than R$150 billion in transactions, which include IPOs in Brazil and […]
Hunger has increased in Brazil, a country that is one of the largest net exporters of food in the world, notes the Fund and Agriculture Organization (FAO) of the United Nations, which publishes Wednesday a new report on the resilience of national agricultural systems. The FAO’s assessment is that most countries have enough diversity in […]