Company is far behind competitors but vows to grow 08/23/2022 A global trade giant — second only to Walmart, the world’s largest retailer — Amazon has invested over the last two years in Brazil to expand its market share. Since 2020, the company has increased the number of distribution centers in Brazil to 12 from […]
Company specializes in yeast, a fungus that, if combined with other products, can strengthen the immunity of animals 08/22/2022 Glycon Santos — Foto: Divulgação Brazilian company ICC sees the reduction of antibiotics in the animal diet as a trend that will open more space for natural products, such as yeast – its core product. The […]
Contagion by past rate grows with official inflation at 10%, study shows 08/22/2022 Daniel Karp — Foto: Carol Carquejeiro/Valor Inertial inflation is expected to strengthen in the coming months and start losing momentum only by February, according to a study by economists Daniel Karp and Felipe Kotinda, with Santander. Inertial inflation is the phenomenon by […]
Economy Ministry sees risk of high default, vicious circle for borrowers 08/22/2022 Ronaldo Bento — Foto: José Cruz/Agência Brasil The offer of payroll-deduction loans for beneficiaries of the cash-transfer program Auxílio Brasil, one bet of President Jair Bolsonaro (Liberal Party, PL) to draw low-income voters, is rejected by the country’s largest private-sector banks and faces […]
Covid-19 pandemic, last year’s booming revenues helped improve expenditure by 12.4% 08/19/2022 Ursula Dias Peres — Foto: Silvia Zamboni/Valor The various and successive extraordinary conditions that have marked the current term of office of governors — such as the Covid-19 pandemic and last year’s surprising tax revenues — resulted in a larger share of state […]
Lot with airport in São Paulo and other 10 was auctioned for R$2.45bn; Aena was the only interested buyer 08/19/2022 Main lot includes São Paulo’s Congonhas airport and 10 others in Mato Grosso do Sul, Minas Gerais, and Pará — Foto: Edilson Dantas/Agência O Globo Brazil’s new round of airport auctions had little competition and […]
Monetary authority’s autonomy law foresees fixed four-year terms for president and directors with one reappointment 08/19/2022 Roberto Campos Neto — Foto: Billy Boss/Câmara dos Deputados Central Bank President Roberto Campos Neto said he will not accept a new term after 2024. “When the autonomy rule was made, I was against reappointment. I wanted to remove […]
Prices estimated for December show that Brazilian wheat will be among the most expensive in the world 08/18/2022 Even with the prospect of a record wheat harvest and supply problems in the Northern Hemisphere, Brazil is unlikely to gain ground in the international market. This is because the prices estimated for December – when the […]
Consortium, which won its second concession in Minas Gerais, plans to study new assets 08/18/2022 Equipav, a group with interests in a range of sectors including infrastructure and mining, and asset management company Perfin plan to develop together a highway concession platform in Brazil. The partnership started with two concessions in Minas Gerais, but there […]