Committee hinted possibility of new hike in September 08/04/2022 Central Bank’s building in Brasília — Foto: Divulgação/Rodrigo Oliveira/Caixa Econômica Federal The Central Bank’s Monetary Policy Committee (Copom) raised the Selic policy interest rate by 50 basis points on Wednesday, to 13.75% per year, and hinted that it will evaluate the need for a “residual adjustment, […]
According to association of securities firms, class accounts for 61.3% of investments volume in first half 08/03/2022 Investments by individuals in retail, high income, and private banking reached R$4.65tn in the first half of the year, Anbima says — Foto: Silvia Zamboni/Valor The giant flow of individuals into fixed income is more related to the […]
Companies reportedly facing losses are preparing class action 08/03/2022 Brazilian businesspeople from some traditional families that allegedly rented U.S. aircraft through leasing offered by Bank of America (BofA) plan to go to the courts in New York to ask for compensation for losses resulting from the operation. Since they have already lost or are in […]
Currently, federal environmental agency Ibama has 55 processes for environmental licenses under analysis; in 2021 there were 23 08/03/2022 The federal government hints at establishing guidelines for offshore wind projects was the trigger for companies and investors to enter the segment more willingly. The federal environmental agency Ibama is analyzing 55 environmental permit processes totaling […]
Participants in the sector say changes are needed to make this type of financing take off 08/03/2022 Microcredit grew 53.1% in the pandemic – more than credit in general, which advanced 38.1% – and surpassed the R$10 billion threshold for the first time. With dozens of millions of informal microentrepreneurs without income due to the […]
Provisional measure allows companies to decide rules directly with workers; proposal will now be sent to Senate 03/08/2022 The Chamber of Deputies passed Wednesday a provisional measure that allows companies to decide the rules of remote work directly with the worker, without the need for collective bargaining, and changes rules on the payment of food […]
Public offering of shares could reach R$938.6m 08/02/2022 Mubadala wants to increase stake in Burger King chain in Brazil to 50.1% — Foto: Divulgação The Arab investment fund Mubadala Capital has made a proposal to buy the control of Burger King in Brazil, a company currently called Zamp, in a deal that could reach R$938.6 […]
Faster advance in releasing network expected to allow launch as early as Tuesday 08/02/2022 5G antenna in Rondonópolis, Mato Grosso — Foto: Divulgação The faster advance in the release of the fifth-generation mobile phone (5G) network in the city of São Paulo is expected to allow the launch of the most sophisticated version of the […]
Telecoms regulator Anatel says technology will require certain amount of time 08/01/2022 Moisés Moreira — Foto: Geraldo Magela/Agência Senado Less than 5% of cell phones in operation in Brazil are ready to receive the standalone 5G signal, which was launched Friday in Porto Alegre, João Pessoa and Belo Horizonte. The warning has been repeated by […]
Most agents expect 50-basis-point hike this week 08/01/2022 Central Bank’s headquarters in Brasília — Foto: Jorge William/Agência O Globo The current monetary tightening cycle, now entering its 18th month, may be nearing its end. After a 1,125-basis-points hike in the key interest rate Selic and Central Bank’s messages that the magnitude of the tightening matters, […]