Investment of R$6bn is company’s biggest step in this segment 11/08/2022 Paulo Neves — Foto: Divulgação Raízen unveiled Monday a R$6 billion investment package to build five new second-generation ethanol plants over the next five years. This is the company’s biggest step in the advanced biofuels segment. The investments were made possible after an agreement […]
Almost one in five mobile phone connections in the country use second or third generation technology 11/07/2022 5G wireless technology is advancing faster in Brazil than its predecessor 4G, driven not only by promises of ultrafast mobile broadband but also by future innovations in industry (Internet of Things), transportation (self-driving cars), and medicine (robotic surgery). […]
Brazil accounts for 10% of the world’s green jobs, mainly in hydropower and biofuels 11/07/2022 Ronaldo Ribeiro de Freitas Filho, 34, has always liked renewable power. A trained electrotechnician and engineer, he was 23 when he decided to “migrate” to the “green job” field. And, on his own initiative, he decided to search for qualification. […]
Opposite to the world’s movements, Telefônica in Brazil plans to expand its fiber network business 11/07/2022 Christian Gebara — Foto: Silvia Costanti / Valor The Spanish group Telefónica has been intensifying a series of sales of towers and participation in its fiber optic networks through the subsidiaries it owns in countries in Europe and Latin […]
If a politician is named for Treasury, even a pragmatic one, there may be an adjustment in assets, CIO at WHG says 11/07/2022 9:37PM Updated 16 hours ago Andrew Reider — Foto: Leonardo Rodrigues/Divulgação The nomination of a pro-market Finance Minister in the next Luiz Inácio Lula da Silva’s administration, such as Arminio Fraga, Pérsio Arida, […]
Expansion has resisted the uncertainties linked to politics and the country’s fiscal policy 11/06/2022 Vivian Lee — Foto: Carol Carquejeiro/Valor It seems that Brazil’s corporate debt market ignored the general elections. The moment of expansion has resisted the uncertainties linked to politics and the country’s fiscal policy. Both supply and demand for corporate debt securities […]
Workers’ Party criticized decision, as unions and minority shareholders filed lawsuits to cancel extraordinary payment 11/04/2022 Petrobras announced on Thursday afternoon the distribution of dividends worth R$43.68 billion related to the results of the third quarter. The payment was approved in a meeting of the Board of Directors, even after the Association of oil workers […]
Total investment is up to R$15 bn to build more than 700 kilometers of new tracks until 2025 11/04/2022 Beto Abreu — Foto: Claudio Belli/Valor Cosan’s logistics company Rumo approved on Thursday the start of works to extend its rail network in Mato Grosso. The construction works are expected to begin this year and gain […]
Company received initial investment of R$108m, will focus on large consumers 11/03/2022 Murilo Soares — Foto: Silvia Zamboni/Valor Vitol, the world’s largest independent oil trading company, has launched its energy trading company in Brazil – a segment in which consumers directly negotiate their demands. The new company is called Vitol Power Brasil and aims at […]
Analysts start to review recommendation after elections 11/03/2022 Petrobras, Brazil’s largest company by revenues and market capitalization, emerged as a clear loser from presidential election — Foto: Leo Pinheiro/Valor Analysts had a thorny task in the last few months: predicting the future of Brazilian listed companies, especially state-owned ones, before the tightest presidential election ever, […]