Policymakers seem to hope that situation will improve to the point of making additional hike unnecessary 06/21/2022 Central Bank’s building in Brasília — Foto: Jorge William/Agência O Globo Central Bank’s Monetary Policy Committee (Copom) is now considering the possibility of maintaining interest rates at a high level for longer to meet the inflation target. This […]
Indicator was up 0.3% in comparison to March and 1.8% 06/21/2022 The Brazilian economy grew 0.3% in April compared to March, with increases of 1.8% in the quarter ending in April compared to the previous quarter, and of 2.8% compared to the same period in 2021, according to the GDP Monitor reading, announced on Monday […]
Operation may suffer new setback as Mitsui rejects format proposed for deal 06/22/2022 On the eve of decision of the antitrust regulator CADE on the acquisition of Petrobras’s 51% stake in Gaspetro by Cosan’s Compass, the R$2 billion operation may suffer new setbacks. Valor has learned that Mitsui Gás e Energia, the state-owned company’s partner […]
Investments will be directed to expansion of areas for refrigerated cargo, purchase of cranes 06/21/2022 Terminal de Contêineres de Paranaguá (TCP), controlled by China Merchants Port, will start an investment plan of nearly R$370 million, which will be injected by the end of 2023. The goal is to increase capacity, both for storage and cargo […]
Law update to end restrictions seen as positive by specialists 06/21/2022 The Bolsonaro administration is betting on a bill being considered by the Chamber of Deputies to update the law on forest concessions and unlock the auction of nine areas this year. The proposal, authored by an oppositionist federal deputy, has already been approved by […]
Idea is to meet interests of shareholders – Vale and BHP Billiton – and the company’s creditors, sources say 06/21/2022 Otávio Honorato/Divulgação Samarco — Foto: Samarco plant in Mariana, Minas Gerais The Steinbruch family’s CSN group, which aims to become a global iron mining giant, is preparing a plan that may solve the imbroglio that […]
Emissions must be priced even in activities in countries still lacking a regulated carbon market, like Brazil, executive says 06/20/2022 Charles Fernandes — Foto: Leo Pinheiro/Valor Companies that want commitments to sustainability need to start including the cost of carbon emissions in their operations, said Charles Fernandes, managing director and country chair for Brazil at […]
Entrepreneurship is the way out of a weak labor market 06/20/2022 The gradual return of the flow of people and the change in habits, with the expansion of remote work and the acceleration of digitalization, generated an increase in new firms in 2021, but with a greater bet on activities like healthcare, technology and technical […]
In Brazil, 6.7% of new computers are rented, but worldwide leasing will grow 30% this year 06/20/2022 Hiring computers as a service, in a subscription model, instead of buying the machines, is no longer an emergency measure taken during the pandemic. The need to update computers in the resumption of face-to-face work and the complexity […]
Aurélio Amaral says country should create stocks, or harvest will be harmed 06/20/2022 Aurelio Amaral — Foto: Leo Pinheiro/Valor Even with the announcements of fuel price increases imposed by Petrobras last Friday, there is a great risk of shortage of diesel in the second half. The warning comes from the former director of the National […]