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Entries by Gelcy Bueno

Petrobras expects lower pre-salt production

Strategic plan reiterates priorities in deep water oil 12/05/2022 Petrobras’ oil target for the next five years, according to the 2023-2027 strategic plan, is aligned to the previous plan — which did not take the market by surprise. It ratifies the state-owned company’s priority to invest in the deep-water oil. However, a lower oil production […]

Countries expand restrictions on Brazilian exports

Trade defense measures range from steel to lemon juice 12/05/2022 Tatiana Prazeres — Foto: Carol Carquejeiro/Valor Brazilian exports have increasingly become the target of trade defense measures in destination countries. Of the 87 measures currently in force, 57 were applied from 2020 to the last 30th. The volume is a little more than double the […]

Companies increase investments by 47% but embrace caution

Retail and industry are investing R$19bn this year; uncertainties about new administration weigh on 2023 12/05/2022 Retail chain Americanas increased its investments by 30%, to R$1.8 billion this year until September — Foto: Brenno Carvalho/Agência O Globo Consumer goods companies, the sector that employs the most in Brazil and accounts for more than 60% of […]

Unemployment rate falls to 8.3% in October quarter

Rate is the lowest for a quarter ending in October since 2014, IBGE says 12/01/2022 Result was below the July quarter, of 9.1% — Foto: Marcelo Camargo/ABr The unemployment rate in Brazil was 8.3% in the October quarter. The result was below the previous quarter, which ended in July (9.1%), and also below the result […]

EU anti-deforestation law to impact JBS, Marfrig and Minerva

Brazilian meatpackers are unlikely to comply with the requirements of new legislation, an analysis by think tank Chain Reaction Research shows 12/01/2022 Brazilian meatpackers JBS, Marfrig and Minerva are unlikely to meet the requirements of the law that the European Union is expected to pass next week to block imports of commodities linked to deforestation […]

Klabin plans to invest up to $3.2bn as of 2024

Priority is expansion of fluff pulp, a market in which the company is already among the fourth largest in the world 12/01/2022 Cristiano Teixeira — Foto: Silvia Zamboni The largest producer and exporter of packaging paper in Brazil and leader in the paper packaging market, Klabin has chosen Santa Catarina State for its next cycle […]

Embrapa, Helix launch first Brazilian transgenic corn

Technology does not have defined date to start being commercialized in Brazil 11/30/2022 Brazilian Agricultural Research Corporation (Embrapa) and Helix, a company of the Agroceres group, presented last week the cultivars of the first transgenic corn event developed entirely in Brazil from a fully national public-private partnership started in 2013. The new BTMAX comes from […]

Embraer’s waiting list for new business jets reaches 2.5 years

As Embraer’s deliveries of business jets totaled 52 units by September, plane maker is under pressure on the fourth quarter to meet this year’s target of 100 units 11/30/2022 Those interested in buying a new Embraer business jet currently face a waiting line of 2.5 years, as the Brazilian company’s production slots are fully booked […]