With cash reserves strengthened and personnel expenses contained, spending grows driven by health, education 09/12/2022 The municipalities invested a combined R$20.92 billion in the first half of 2022, a real advance of 64.8% compared to the same period in 2021. In comparison with the first half of 2018, the same period in the previous election […]
2022/23 cycle will start to be planted next Sunday; production will grow 25m tonnes if weather cooperates 09/09/2022 Sowing of another Brazilian soybean crop will begin next Sunday, with all the signs of a new record. If the weather cooperates, as the current forecasts indicate, the harvest should be at least 25 million tonnes larger […]
Automaker announced elimination of 3,600 jobs, including temporary contracts 09/09/2022 When announcing, this week, the plan to outsource part of the activities of the plant in São Bernardo do Campo, São Paulo, Mercedes-Benz hinted at the intention to give preference to nearby suppliers. An attempt for these companies to absorb the automaker’s workers who will […]
Company announced joint venture with Qatar’s Nebras Power to invest in two projects in Santa Catarina 09/09/2022 Pedro Litsek — Foto: Divulgação Diamante Geração de Energia unveiled a joint venture with Nebras Power, an international energy investment company and a subsidiary of Qatar Electricity & Water Company (QWEC), to invest R$5 billion in two natural […]
Studies are in an advanced stage and are expected to be submitted for approval later this year 09/08/2022 Nilton Saraiva — Foto: Divulgação Ibema, a cardboard maker that has Suzano as a shareholder, is studying the feasibility of building a new mill to make bleached chemi-thermomechanical pulp, or BCTMP, in Turvo, Paraná. The estimated investment […]
350 farmers will have access to access to rural credit, technologies and input purchasing pool 09/08/2022 A year and a half after agreeing to buy Biosev from Louis Dreyfus Company (LDC), Raízen is starting to integrate the company’s sugarcane suppliers into its relationship dynamics with farmers. In total, 350 farmers will have access to the […]
Benjamin Steinbruch signed check for R$5.2bn to take over LafargeHolcim’s operations in Brazil 09/08/2022 Benjamin Steinbruch — Foto: Claudio Belli/Valor By signing a check for R$5.2 billion, businessman Benjamin Steinbruch, the main shareholder of steelmaker Companhia Siderúrgica Nacional (CSN), concluded on Tuesday the purchase of the cement company LafargeHolcim Brasil, unveiled one year ago. The […]
Lack of consistency in inflation projections still worries asset managers 09/08/2022 The Central Bank has tried to cool expectations that it will start reducing Brazil’s key interest rate as early as the first quarter of 2023. The fact that short-term inflation slowed down and commodity prices went south in the international market was a determinant […]
Leaders of companies that stand out in 27 sectors intend to increase investments in 2023 09/05/2022 Fiscal responsibility and an environment that provides security to private-sector investments are the basis of the model that Brazil must pursue in the next four years, according to the executives that run the most efficient companies in the country. […]
Economists are anticipating a more challenging scenario for the Central Bank to meet inflation targets 09/05/2022 Central Bank’s building in Brasília — Foto: Divulgação/Rodrigo Oliveira/Caixa Econômica Federal Fuel tax cuts will remain in place next year, which lowered financial market inflation expectations for 2023 but did not prevent them to rise in 2024 – a […]