Project received $625m investment, can produce 120,000 tonnes per year 07/08/2022 Nexa, a mining company of zinc and other metals controlled by Votorantim, started this week the operations of a new mine, Aripuanã, in the namesake city, in Mato Grosso. This is one of the largest zinc projects in installation in the world and received […]
Higher interest rates, inflation and pandemic aftermath have impact, but group maintains interest in Brazil 07/08/2022 Maurici Lucena — Foto: Ana Paula Paiva/Valor Aena, the Spanish airport operator, is still interested in investing in Brazil and is studying to compete in the seventh round of concessions, scheduled for August, said the group’s CEO, Maurici Lucena. […]
Contrary to expectations, Brazil’s terms of trade fall even with rising prices abroad 07/08/2022 The expected boost that the rise in commodity prices would give to the Brazilian trade balance in 2022 did not materialize, nor does it show signs that it may happen throughout the rest of the year. Although the prices of products […]
Lawsuits seek to reach hidden assets of partners of indebted companies 07/08/2022 The pandemic has generated a record volume of lawsuits against indebted companies for concealment of assets. A survey by the Martinelli Advogados law firm shows that, in the Court of Justice of São Paulo (TJSP), 6,731 trials were handed down last year dealing […]
This offers glimpse of monetary authority’s view over factors that pressure rate 07/07/2022 Policymakers have yet to unveil their view about recent currency swings — Foto: Pexels Despite the substantial increase in the foreign exchange rate, the Brazilian Central Bank has refrained from intervening in the market by selling hard currency from its reserves since […]
Payment for positions in purchase and supply of fertilizers increased up to 60% amid the Russia-Ukraine war 07/07/2022 The war between Russia and Ukraine has boosted the demand of Brazilian agribusiness companies for professionals who work in the supply area. Under the fear of lack of inputs, the remuneration of those who work directly in […]
One of the goals is to develop hybrid cars and develop local sourcing of parts 07/07/2022 Antonio Filosa — Foto: Alexandre Campbell / Valor Stellantis’s procurement team in Brazil has had a lot of work lately. The automaker corporation that unites Fiat, Chrysler, Peugeot and Citroën needs to advance in negotiations with suppliers to meet […]
Terminal operators accuse shipping giants of abusive practices 07/07/2022 The conflict came to the fore in recent months, with the auction of a large container terminal at the Port of Santos — Foto: Ana Paula Paiva/Valor The dispute between Brazilian port operators and global shipping giants Maersk and MSC is expected to escalate in the […]
French company owns Ticket, one pioneer in replacing paper meal vouchers with cards in the country 07/06/2022 Cristiane Nogueira and Emmanuel Guinet — Foto: Divulgação French company Edenred knows well the Brazilian card market and its users. It owns Ticket, one pioneer in replacing paper meal vouchers with cards, which has been operating in the […]
Trade group will present document to presidential candidates 07/06/2022 Infrastructure companies advocate the creation of a floor for public investments, a reindustrialization policy and an integrated development agenda for the country. The proposals were put together by the Brazilian Association of Infrastructure and Basic Industry (Abdib) in a document that will be presented to presidential […]