Analysts are resuming coverage of electric company after privatization 07/20/2022 Eletrobras: the largest power utility in Latin America gained ten positions and overtook B3 giants — Foto: Ana Branco/Agência O Globo After a self-imposed quarantine, analysts are slowly resuming coverage of the “new” Eletrobras, now privatized. The company’s investor website reports that it is covered […]
Company will launch 5-MW plant in Vassouras, first of several projects at cost of R$250m 07/19/2022 Sergio Romani — Foto: Leo Pinheiro/Valor Genial Energy, the energy arm of Genial Investimentos, has kicked off the operation of several distributed generation solar plants. At the end of July, the company will launch the first 5-megawatt plant in […]
Banks intensify aircraft financing; it reached R$4.1bn by the end of 2021 07/19/2022 Sérgio Granado and Vitor Ohtsuki — Foto: Carol Carquejeiro/Valor If car sales rose during the pandemic, with the middle class trying to escape the crowds in public transportation, in the more exclusive segment this movement has also been observed. Sales of executive […]
Growth is driven by emergence of B2B online marketplace platforms 07/19/2022 Ambev is betting big on Bees, its digital sales service for bars and restaurants — Foto: Márcio Garcez/Folhapress Marketplace platforms, which bring together products from several retailers or manufacturers, have become a common environment in the consumer’s buying habits. Now, however, it is in […]
General meeting of shareholders to elect board members will be held on August 19 07/19/2022 Petrobras headquarters in Rio — Foto: Leo Pinheiro/Valor Petrobras’s Board of Directors approved on Monday, unanimously, the report of the Eligibility Committee (Celeg) that considered ineligible two candidates nominated by the Bolsonaro administration to be directors of the state-owned company: […]
Deal underscores advance of advertising groups over technology services industry 07/18/2022 Renan Mota (right), Stefano Zunino and Felipe Macedo — Foto: Divulgação Nearly 18 months since its first move to buy a software company in Brazil, WPP is making a new incursion in the technology field. The British advertising and public relations group has acquired […]
Australian group Macquarie will inject R$500m and become a partner of CLI 07/18/2022 Rumo — the logistics company of the producer of bioethanol, sugar and energy Cosan —signed last Friday the contract for the sale of two terminals in the Port of Santos to CLI (Corredor Logística e Infraestrutura), a company controlled by IG4 Capital. […]
Survey shows there is room for more medicines, vaccines to be produced here 07/18/2022 Brazil’s growing dependence on imported drugs led pharmaceutical companies to submit to the presidential candidates a package of proposals to foster local production of drugs and raw materials. The document entitled “Improving Health in Brazil – Industry Proposals” provides alternatives for […]
Company has a portfolio of 420,000 homes worldwide, 70,000 of which in Latin America 07/18/2022 Sector has been strengthened by remote work — Foto: Getty Images After completing the acquisition of Stays.net — a Brazilian company that manages reservations for real estate owners on platforms such as Booking, Airbnb, and Expedia — online travel agency […]
Credit rating agency also affirmed country’s BB- rating 07/15/2022 Fitch says revision reflects better-than-expected evolution in public finances amid successive shocks in recent years — Foto: Matt Lloyd/Bloomberg Fitch has revised Brazil’s outlook to stable from negative and affirmed the country’s long-term foreign currency rating at BB-. According to Fitch, the revision of Brazil’s outlook […]