U.S. group has appointed first CEO in the country since debut in 1999 07/26/2022 Robert Van Dijk — Foto: Silvia Costanti/Valor Principal Financial Group, a U.S.-based conglomerate with $714 billion under management, has appointed a CEO in Brazil for the first time since its debut in the country in 1999. Robert van Dijk will be […]
Survey shows 71% of households in rural areas had internet access last year in Brazil 07/25/2022 Cristian Dalben — Foto: Divulgação The arrival of broadband internet to the Santo Antônio do Desejado farm, in Nova Ubiratã, a municipality in Mato Grosso with 11,000 inhabitants, spared farmer Cristian Dalben from a labor problem. “In the beginning, […]
Association of service providers complains at CADE, Anatel against Telefônica, TIM, Claro about sale of Oi Móvel, at CADE, Anatel 07/26/2022 The Brazilian Association of Competitive Telecommunications Service Providers (TelComp) will file this week a formal complaint with antitrust regulator CADE and telecoms regulator Anatel against Telefónica’s subsidiary in Brazil (Telefônica Brasil, owner of Vivo), […]
Resources will be used to facilitate fertilizer purchases by 26 input dealers and cooperatives 07/25/2022 The Brazilian subsidiary of Norwegian Yara, one of the largest fertilizer suppliers in the world, has just announced the issuance of R$520 million in Agribusiness Receivables Certificates (CRA), the fourth operation of this kind in the country. The resources of […]
Favorable tide is helping both big players, such as BR Marinas, and newcomers, such as Fleetss 07/25/2022 Isabella Salomão — Foto: Leo Pinheiro/Valor The Brazilian journalist and advertising professional Isabella Salomão noticed one day that the winds were blowing in favor of the nautical sector and had an idea. She then developed an application that […]
First contract was closed with lawyers’ association; another one is under negotiation with health insurance company 07/25/2022 Daniel Grecca — Foto: Silvia Zamboni/Valor The Sírio-Libanês Hospital is diversifying its operations by forming partnerships with health insurance companies in the creation of health plans in which the hospital’s entire network is accredited – a verticalization that […]
Large solar farms and small self-generation projects generate 16.6 GW, which surpasses natural gas and biomass 07/20/2022 There are a total of 16.4 gigawatts (GW) of solar power in large solar farms and small self-generation projects — Foto: Pixabay Solar photovoltaic power has surpassed the installed capacity of natural gas and biomass thermoelectric plants and […]
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 […]