Bank still holds around 8% of the shares and is studying a block operation instead of a public offering 15/05/2022 The Brazilian Development Bank (BNDES) is evaluating the sale of most of its remaining position in Eletrobras and has already begun talks with investment banks on the subject. The lock-up imposed on the capitalization last […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]