About Gelcy Bueno

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Entries by Gelcy Bueno

End of Natura’s global dream may give some respite to investors

Natura’s board meets as of Wednesday to discuss a reorganization that could spin off businesses into three independent companies 09/14/2022 Natura made – and acknowledged – several mistakes in the integration with Avon, notably in the remuneration of sales consultants — Foto: Hermes de Paula/Agência O Globo By abandoning the global dream started a decade […]

São Paulo toll road auction expected to draw investors

New contract provides for investments of R$10.4bn in construction 09/14/2022 Tarcila Reis Jordão — Foto: Silvia Zamboni/Valor The government of São Paulo is expected to hold the Noroeste Paulista lot auction this Thursday. It is the new bidding of two toll road concessions that are coming to an end: Tebe (controlled by engineering companies) and […]

Gradiente prepares to go private faced by uncertain future

Controlling shareholders of IGB Electronics launched tender offer to buy out minority shareholders 09/13/2022 Gradiente unveiled the intention to go private by acquiring shares from minority shareholders. The transaction is a step for IGB Electronics to exit the judicial reorganization that has been dragging on since 2018. With no prospect of resuming electronics production, the […]

Can automakers celebrate August results?

Companies reported highest monthly output this year, but credit crunch is affecting consumers 09/13/2022 August was an exceptional month for the automotive industry when compared to the entire period following the start of the pandemic. Production volume was the highest in the year, up 43.9% year-over-year. In addition, production through August reversed the decline to […]

RioGaleão expands in cargo handling, cuts deal with United Airlines

Cargo handling is helping company to go through a critical period 09/13/2022 Patrick Fehring and Leandro Lopes — Foto: Leo Pinheiro/Valor Just like the airline industry, RioGaleão, the concessionaire that runs Rio de Janeiro’s international airport, also went through turbulent times in the last two years, especially with the sharp drop in the number of […]

Companies’ credit ratings little impacted by interest rate hikes

Number of downgrades or negative moves in ratings is quite small, survey by Fitch and Moody’s shows 09/13/2022 Aeris’s plant in Pecém, Ceará: manufacturer of equipment for power generation is among companies downgraded recently — Foto: Divulgação The interest rate hikes aimed at curbing inflation have punished consumers and companies in recent months, increasing default […]

Brazil’s corn exports speed up with an eye on China, Europe

New projection for U.S. crop reinforces estimate for strong corn exports this year 09/12/2022 Brazilian corn exports gained an even more favorable scenario after Pro Farmer crop tour – which monitored the main producing regions in the United States – pointed out a new drop in American production, which now is projected at 349.5 million […]

BN Engenharia diversifies businesses, joins heavy construction

First infrastructure project is expected to be in the electric sector 09/12/2022 João Antonio Mattei — Foto: Divulgação BN Engenharia, Bueno Netto group’s construction company, is getting ready to enter the infrastructure sector. João Antonio Mattei, the company’s managing director, says the company is expected to work mainly in basic sanitation, logistics and energy. The […]

With slow return of audiences, movie theaters still face crisis

There are fewer film releases, high liabilities, and logistical hurdles 09/12/2022 There is still no happy ending for movie theaters after the shock caused by the Covid-19 pandemic. And this saga will have more chapters. Last Wednesday, British giant Cineworld filed for protection from creditors in the United States. In Brazil, as companies still try […]

Cities invest 65% more in first half

With cash reserves strengthened and personnel expenses contained, spending grows driven by health, education 09/12/2022 The municipalities invested a combined R$20.92 billion in the first half of 2022, a real advance of 64.8% compared to the same period in 2021. In comparison with the first half of 2018, the same period in the previous election […]