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Entries by Gelcy Bueno

Analysis: Economists skeptical about tightening cycle ending this week

Less than 25% of the economic analysts consulted for the Focus survey of market expectations believe that the Central Bank’s Monetary Policy Committee (Copom) will end the monetary tightening cycle this week. This is what the map of the distribution of market expectations, released by the monetary authority, shows. Less than 25% of economic analysts […]

5G technology to drive automation, AI in Brazil

In addition to the expansion of telecommunications infrastructure like antennas and cables, the digitalization of society and the advent of 5G wireless technology will also require “invisible” services including network management and automation, with intensive use of artificial intelligence – the ability of machines to interpret data and learn. The demand for these products is […]

J&F in talks with creditors to buy Braskem’s assets

J&F Investimentos — the holding company of brothers Joesley and Wesley Batista, owners of meat processing giant JBS — has intensified talks with Novonor (formerly Odebrecht) to buy the group’s stake in petrochemical company Braskem. Valor has learned that there is no official proposal on the table, but the company has already had informal talks […]

Local markets suffer from worsening external scenario

The beginning of the week was turbulent in the global markets. Little by little, the market has been adjusting to a more challenging landscape, as the U.S. Federal Reserve is expected to speed up the tightening cycle. The looming scenario of lower liquidity helped to bring down stock markets in New York on Monday and […]

Aliansce, BR Malls to create Brazil’s largest mall operator

After four busy months, Aliansce Sonae and BR Malls finally agreed to merge operations and create the largest shopping mall company in Latin America. The company is born with 69 malls and R$38.5 billion in sales. The deal has yet to be confirmed in shareholders’ meetings of both companies, but the signs are favorable. Stocks […]

Exchange rate keeps inflation under pressure

Despite the higher foreign exchange rate in the last few days, it’s still down more than 10% this year. The lower level takes time to be seen in inflation, as the Central Bank has stressed recently, including in recent private meetings in Washington. With commodity prices still high and the prospect of weak economic growth […]

Amendment ends need of “fictitious export” of Brazilian aircraft

Amendment puts Embraer’s domestic product on an equal footing to the imported product — Foto: Divulgação The Chamber of Deputies approved this week a change in legislation to reduce red tape and costs faced by plane maker Embraer to benefit from a tax incentive for “fictitious” export of aircraft. The measure was approved by the […]

Pressure on production chains make companies change strategy

The disarticulation of the productive chains is imposing new challenges to companies, which are already looking for alternatives and changing strategies to maintain the production rhythm without compromising profit margins. The strong global demand for components, the war between Russia and Ukraine, the escalating international freight prices, the volatility of the exchange rate and commodities, […]

Passarelli aims basic sanitation works to grow

The engineering company Passarelli reached at the beginning of this year a backlog of R$4 billion, seven times more than 10 years ago, at the peak of the construction industry in Brazil. “Our goal is to consolidate ourselves as a strong contractor,” CEO Paulo Bittar said. The basic sanitation market, which accounts for 70% of […]

Benchmark interest rate expected to increase to 12.75%

There is unanimous expectation that this week the Central Bank’s Monetary Policy Committee (Copom) will raise the Selic, Brazil’s benchmark interest rate, by 100 basis points, to 12.75%. However, if the decision itself gives signs of predictability, the communication to be adopted by the monetary authority has been widely discussed among market agents, as well […]