In private meetings with investors in Washington, policymakers emphasized commitment to goals 10/17/2022 With the monetary tightening cycle over and the Selic benchmark interest rate at 13.75%, the Central Bank tried to demonstrate a vigilant attitude with the conduct of monetary policy in private meetings between directors and investors in Washington, in the scope of […]
Company has become Brazil’s first carbon-neutral steelmaker 10/17/2022 Silvia Nascimento — Foto: Silvia Zamboni/Valor At a time when there is a global race for decarbonization in the steel industry, the largest emitter of carbon dioxide in the industrial sector, Aço Verde do Brasil (AVB), a small long steel mill in Açailândia, Maranhão, has already overcome […]
In addition to logistics costs, exporters are impacted by the high volatility of the foreign exchange rate, the growth of global trade barriers and the “Brazil cost” 10/17/2022 The rise in fuel prices and the disruption of global transport chains have put the price of international freight at the top of the problems faced by […]
Company to invest R$56.2m in Paulínia unit until the end of the year 10/14/2022 Xavier Andivia — Foto: Divulgação Boehringer Ingelheim’s Animal Health division in Brazil has been growing above the nationwide average, and in order not to lose traction the company will invest R$56.2 million by the end of the year in its plant […]
Stocks of the two giants have the largest share since 2014 10/14/2022 On Thursday, Vale ON represented 15.448% of Ibovespa’s theoretical portfolio, while Petrobras PN accounted for 6.966% — Foto: Divulgação In every four trades carried out in B3’s stock market in October, at least one involved Vale’s common shares or Petrobras’ preferred stock. It […]
Retailers and telcos will also be subject to sanctions if they have sold smartphones in the same conditions 10/14/2022 Apple filed a writ of mandamus asking the granting of injunction suspend the decision — Foto: Jeenah Moon/Bloomberg The 18th Civil Court of São Paulo determined on Thursday that Apple will pay a fine of R$100 […]
Measure also increases competition with inclusion of forests in Asia 13/10/2022 8:45PM Updated 20 hours ago Brazil has close to 10 million hectares of planted forests, of which almost 5 million are FSC certified — Foto: Divulgação After 11 years of negotiations, the Forest Stewardship Council (FSC) approved Thursday the possibility of including new forests in […]
Sector is independent of economic policy, profits from external scenario 10/14/2022 Braulio Borges — Foto: Ana Paula Paiva/Valor Brazil’s agribusiness sector grew 25 percentage points faster than the country as a whole in recent years and saw income increase threefold compared with states in the Southeast region in the second quarter. Most people involved with […]
The proposal increases to R$47 per share from R$40 10/13/2022 The negotiation to sell petrochemical Braskem got hectic again — still before the outcome of Brazil’s presidential elections, which were being pointed out as a milestone in Novonor’s (formerly Odebrecht) calendar. Valor found out that U.S.-based asset manager Apollo Global presented last week a new […]
U.S. company is said to be strongly interested in assets of Neve and Kleenex brands 10/13/2022 A new name has appeared in the negotiations for Kimberly-Clark assets in Latin America. U.S.-based Woodland Partners is being considered a frontrunner at this stage of the negotiation, sources say. Woodland has hired Bank of America as an advisor […]