After tax relief, mid-month inflation index IPCA-15 lost steam in July 27/07/2022 Recent tax cuts on key items helped to bring, as expected, relief to the July inflation preview, which also saw a cooling in industrial goods prices. Inflation of services and more inertial items, however, remains pressured and worries economists. The increase in Brazil’s […]
High interest rates, resistant inflation hurt companies whose sales depend on credit 27/07/2022 Much higher interest rates, resistant inflation and reduced consumption power make up the scenario that has punished retail companies in the stock market for some months. But, more recently, the warning sound has also started to blare in the local corporate debt […]
They are having to work twice as hard to keep models up to date 27/07/2022 These are tough times for everyone, especially for those who make a living out of foreseeing the future. Investment analysts, who specialize in predicting how much a stock will cost and recommending or not its purchase, are having to work […]
U.S. group has appointed first CEO in the country since debut in 1999 07/26/2022 Robert Van Dijk — Foto: Silvia Costanti/Valor Principal Financial Group, a U.S.-based conglomerate with $714 billion under management, has appointed a CEO in Brazil for the first time since its debut in the country in 1999. Robert van Dijk will be […]
Survey shows 71% of households in rural areas had internet access last year in Brazil 07/25/2022 Cristian Dalben — Foto: Divulgação The arrival of broadband internet to the Santo Antônio do Desejado farm, in Nova Ubiratã, a municipality in Mato Grosso with 11,000 inhabitants, spared farmer Cristian Dalben from a labor problem. “In the beginning, […]
Association of service providers complains at CADE, Anatel against Telefônica, TIM, Claro about sale of Oi Móvel, at CADE, Anatel 07/26/2022 The Brazilian Association of Competitive Telecommunications Service Providers (TelComp) will file this week a formal complaint with antitrust regulator CADE and telecoms regulator Anatel against Telefónica’s subsidiary in Brazil (Telefônica Brasil, owner of Vivo), […]
Resources will be used to facilitate fertilizer purchases by 26 input dealers and cooperatives 07/25/2022 The Brazilian subsidiary of Norwegian Yara, one of the largest fertilizer suppliers in the world, has just announced the issuance of R$520 million in Agribusiness Receivables Certificates (CRA), the fourth operation of this kind in the country. The resources of […]
Favorable tide is helping both big players, such as BR Marinas, and newcomers, such as Fleetss 07/25/2022 Isabella Salomão — Foto: Leo Pinheiro/Valor The Brazilian journalist and advertising professional Isabella Salomão noticed one day that the winds were blowing in favor of the nautical sector and had an idea. She then developed an application that […]
First contract was closed with lawyers’ association; another one is under negotiation with health insurance company 07/25/2022 Daniel Grecca — Foto: Silvia Zamboni/Valor The Sírio-Libanês Hospital is diversifying its operations by forming partnerships with health insurance companies in the creation of health plans in which the hospital’s entire network is accredited – a verticalization that […]
Large solar farms and small self-generation projects generate 16.6 GW, which surpasses natural gas and biomass 07/20/2022 There are a total of 16.4 gigawatts (GW) of solar power in large solar farms and small self-generation projects — Foto: Pixabay Solar photovoltaic power has surpassed the installed capacity of natural gas and biomass thermoelectric plants and […]