Specialist says that U.S. industry will have to import fruits very soon 11/23/2022 The moment when the U.S. orange juice industry will operate only with imported fruit is near. In 21 years, the production in the state of Florida, which concentrates the largest citrus grove in the country, fell to 28 million from 230 million […]
Country, which accounts for 40% of results and has the company’s best margin, has consolidated as a gate to mature markets 11/23/2022 Rodrigo Davoli — Foto: Silvia Zamboni/Valor Sylvamo, an independent company since the spin-off of the printing and writing paper assets of International Paper (IP) worldwide, found a new strength in the Brazilian operation […]
Class associations accuse U.S.-based aircraft company of threatening national sovereignty 11/23/2022 Boeing’s offensive to recruit engineers from the elite of Brazil’s aerospace and defense industry has ended up in court. Two trade associations have filed a lawsuit to try and stop the U.S.-based plane maker from hiring “highly-skilled engineers” that are currently working in strategic […]
Overall figures were not disappointing, but slowdown and interest rates are a concern 11/23/2022 Emy Shayo Cherman — Foto: Ana Paula Paiva/Valor Brazilian public companies reported good results in the third quarter, supported by the country’s better-than-expected economic activity in the period. However, the persistence of inflation and uncertainty about the interest rates are raising […]
Banks and fintechs see in the sector opening room to enhance cross-selling and financial services 11/23/2022 The opening of the food and meal card segment, which will take place as of May 2023, is expected to bring more opportunities for banks and other financial institutions to strengthen their operations in the benefits sector. With an […]
Ilan Goldfajn was supported by the United States, Canada, and Mercosur 11/22/2022 Ilan Goldfajn — Foto: Ana Paula Paiva/Valor With the decisive support of the United States, Canada and the entire Mercosur, former Brazil’s Central Bank President Ilan Goldfajn was elected Sunday president of the Inter-American Development Bank (IDB). Mr. Goldfajn, the first Brazilian in […]
Brazilian company signed an exclusivity agreement with Japan’s NH Foods 11/22/2022 NH Foods had paid nearly $135 million for BPU five years ago — Foto: Divulgação Minerva Foods is close to buying another facility abroad. The Brazilian company signed an exclusivity agreement with Japan’s NH Foods to discuss the acquisition of Breeders & Packers Uruguay […]
If privatized as announced, the state-run company will become a corporation with dispersed ownership 11/22/2022 Copel is seen by the market as a solid company with good governance — Foto: Reprodução Facebook Copel The decision of the government of Paraná to privatize Copel by trading shares held by the state in the financial market puts […]
Ultra’s company has already entered distributed generation 11/22/2022 Tabajara Bertelli — Foto: Claudio Belli/Valor A few weeks after the acquisition of startup Stella and getting into distributed solar power generation, Ultragaz — the liquefied petroleum gas (LPG) distributor of Ultra group — made a new strategic move to consolidate itself as an energy company with […]
Difference between Brazilian and U.S. real interest rates increases again after elections 11/22/2022 Thiago Mendez — Foto: Leo Pinheiro/Valor One barometer of the size of the premium demanded by the market is the spread between Brazil’s long-term real interest rate and the U.S. benchmark real rate. Real interest is the indicator that usually represents the […]