It invests in 174 businesses, totaling $4.5bn; Vale, Eletrobras have been excluded from portfolio 09/21/2022 Norway’s sovereign wealth fund — the world’s largest, with $1.2 trillion in assets — announced on Tuesday a new action plan for all companies in which it invests to achieve net-zero greenhouse gas emissions by 2050, in line with the Paris Agreement. […]
Suzano, Klabin, CMPC and Arauco are sector’s heavyweights in investments 09/21/2022 Aires Galhardo — Foto: Silvia Costanti/Valor Brazil’s pulp and paper industry continues to ride out global economic turbulence and increase investments. In addition to the R$60.4 billion already announced for expansion projects and new mills until 2028, including wood panels, Valor has learned that […]
Company, one of the largest manufacturers in the world, will launch three other models by the end of the year 09/20/2022 Jim Zhang — Foto: Silvia Zamboni/Valor The Chinese cell phone maker Oppo, one of the largest in the world, is coming to Brazil with a model that will cost R$2,999 ($580). The original price […]
Lithium, cobalt, and niobium are essential for many modern technologies — and the country has plenty of them 09/20/2022 Niobium: Brasília believes that country has essential stocks of strategic commodities and can supply companies of different origins — Foto: Reprodução The United States has signaled to Brazil its interest in having preferential access to the […]
Companies demand R$1.73bn for sale of Oi Móvel 09/20/2022 The trio of phone carriers claims from Oi the payment of R$1.73 billion due to disagreements found in the contract for the purchase of the asset — Foto: Edilson Dantas/Agência O Globo Telefônica Brasil, owner of Vivo, TIM S/A and Claro Participações Monday began a dispute […]
Container expansion and grain terminal are on the radar 09/19/2022 Fabio Siccherino — Foto: Marcelo Justo/Valor DP World is studying to expand operations in Brazil. The growth route is still under analysis, but there are some paths being studied, according to Fabio Siccherino, the company’s CEO for Brazil. One possibility under evaluation is to expand […]
Model requires regulatory overhaul to be feasible 09/19/2022 The Brazilian Development Bank (BNDES) has started studies to enable forest concessions based on the sale of carbon credits. The state-owned bank already operates in environmental projects, with the bidding of parks for tourism and forests focused on sustainable management. The idea now, however, is to expand […]
Owner of brand Phebo expects to gross R$1bn this year 09/19/2022 Christopher Freeman and Sissi Freeman — Foto: Leo Pinheiro/Valor One of the oldest companies in Brazil, Granado has optimistic plans for the coming years after getting through the pandemic without any problems. The Rio de Janeiro-based personal care brand plans to double production by […]
Group intends to buy minority stakes in regional businesses and form a holding company 19/09/2022 The asset management group Fortune One, especially focused on private equity, has been analyzing the purchase of minority stakes in retail construction businesses to create a holding company in the segment. The goal is to close partnerships with regional retailers, […]
Survey carried out by Valor shows that only one out of four market participants expect a 25-basis-point hike in key interest rate Selic on Wednesday 09/19/2022 Despite Central Bank directors’ hawkish tone in recent weeks and the evidence that monetary tightening in developed economies will gain steam, most investors believe that the monetary tightening cycle […]