As Embraer’s deliveries of business jets totaled 52 units by September, plane maker is under pressure on the fourth quarter to meet this year’s target of 100 units 11/30/2022 Those interested in buying a new Embraer business jet currently face a waiting line of 2.5 years, as the Brazilian company’s production slots are fully booked […]
Company will invest R$1.5bn in renewable energy to become more competitive in steel sector 11/30/2022 The announcement that Gerdau has entered into a partnership with asset-management Newave Capital (NW Capital) to purchase a 33.33% stake in Newave Energia puts the steelmaker at a new level in decarbonizing production, in addition to diversifying its business and […]
Yet, government is looking for options to fund infrastructure investments 11/29/2022 Norberto Ortigara — Foto: Ari Dias/AEN The reaction of the productive sector in Paraná has buried the state government’s project that intended to tax agribusiness to create a fund for investment in infrastructure, an area that was left unattended after the federal government lowered […]
Project is installed at a substation in Registro, São Paulo, operated by the company 11/29/2022 Rui Chammas — Foto: Silvia Zamboni/Valor Isa Cteep has put into operation the first large-scale battery power storage system in the Brazilian transmission system. The battery project is installed at a substation in Registro, São Paulo, also operated by the […]
Companies like CCGL want to take advantage of window to sell products to Asia’s largest economy 29/11/2022 One year after the first dairy products export to China, the Rio Grande do Sul-based cooperative CCGL received this month a visit from its Asian commercial partners. Due to market conditions — the price of the Brazilian product […]
Subsidy is expected to reach R$30.3bn in 2023, and economists advocate gradual abandonment of the model 11/29/2022 With a drop in direct job generation in recent years, the departure of large companies from the region, and an increase in the tax cost to the federal government, the Manaus Free Trade Zone is going through one […]
Despite that, result propped up by services and employment is considered positive 11/28/2022 Brazil’s third-quarter GDP growth is expected to slow down to half the rate of the previous three-month period, considering the projections collected by Valor and data released by the statistics agency IBGE so far. This deceleration was already expected by economists due […]
Brazil’s securities market authority also needs new public hiring test, according to current and previous directors 11/28/2022 In the 20 years between the Lula administration back in 2003 and his third term in office starting in 2023, Brazil’s capital market has evolved as never. But despite several IPOs, a record number of investors, and the […]
Sets will be completed in Piracicaba with batteries imported from Germany 11/25/2022 Marcelo Rezende — Foto: Divulgação Keeping up with the electrification of vehicles without losing money or going out of business has become one of the biggest challenges for many auto parts makers. The large ones have been able to adapt by buying up […]
Tax experts question efforts like the ones that angered farmers in Paraná and Goiás 11/25/2022 After confusion in the Goiás Assembly on Tuesday, discussion about fund fed by agriculture production had to be postponed — Foto: Denise Xavier/Alego Two proposals aiming to tax agriculture production and commercialization in Goiás and Paraná caused turmoil this week […]