The main exporter was Russia, accounting for 24% of the total 08/16/2022 Fertilizer handling at Paranagua port — Foto: Divulgação Brazilian fertilizer imports grew 14.7% in the first seven months of the year and reached 21.8 million tonnes, a report by the consultancy Agro, of bank Itaú BBA, highlighted on Monday. Despite the war in […]
The index can go to lowest annual level since 2020, also because of fear of global recession 08/16/2022 André Braz — Foto: Leo Pinheiro/Valor The 4.85% drop in gasoline prices at the distributors, announced Monday by Petrobras, may lead the country’s official inflation to a rate below 7% this year, said André Braz, an economist […]
Economic experts say there is no fiscal space for further cash transfers 08/16/2022 Proposal will compete for the narrow fiscal space of the 2023 budget with other demands — Foto: Marcello Casal Jr./Agência Brasil The idea of extending the handouts for taxi and truck drivers beyond December, set in motion on Monday by Labor Minister […]
This is the group’s first investment in Brazil; company now plans to take part in new projects in the country 08/15/2022 The Italian group INC, which won the auction of the public-private partnership (PPP) of the Belo Horizonte beltway on Friday, makes its debut as a highway concessionaire in Brazil. The company now plans to […]
Automakers’ failure to make a decision about local production reveals a divided industry and government’s omission in the debate 08/15/2022 Caoa Chery’s plant: carmaker is betting on ethanol hybrid car — Foto: Reprodução Carmakers have very clear global decarbonization targets. Most of them already have a date when they will stop producing internal combustion engine […]
Country’s balance with South America grows amid decline of total balance of trade 08/15/2022 José Augusto de Castro — Foto: Leo Pinheiro/Valor After recovering in 2021 the pre-pandemic level, Brazilian exports to South American countries have advanced this year at a faster pace than the total average and also in relation to imports, in contrast […]
Company’s revenue from medical school grew 32% in the second quarter 08/12/2022 Cogna is in talks with investors to sell a minority stake in its medical school arm in order to boost growth, as Ânima did. The rival received an injection of R$1 billion from the private-equity firm DNA Capital for 25% of the education […]
Benefiting from higher metal prices, company reported operational record in 2Q 08/12/2022 Ricardo Carvalho — Foto: Ana Paula Paiva/Valor Benefiting from higher prices, Companhia Brasileira de Alumínio (CBA) exceeded analysts’ expectations and reported a record operating result in the second quarter, despite the lower sales volume. One of the major producers of primary aluminum in […]
Construction company expects to launch 1,871 units in Rio de Janeiro by end of 2022 08/12/2022 André Campos — Foto: Gladyston Rodrigues/Divulgação Construction company Emccamp Residencial, based in Minas Gerais, which operates mainly in the economic residential development area, will invest R$4.5 billion in two years, of which R$1.5 billion this year, already in progress. […]
CEOs also talked about environmental targets at a conference 08/11/2022 Cristiano Teixeira, chief operating officer at Klabin — Foto: Ana Paula Paiva/Valor Limited wood supply and rising input prices are expected to restrain announcements of new pulp mills in Brazil over the next seven years, which corresponds to the eucalyptus cutting cycle, said industry executives […]