Projections indicate that economy’s performance in first half will drive year’s result 08/30/2022 The good performance of the Brazilian economy in the first half of the year may account almost alone for GDP growth in the full year 2022. The dynamism bolstered especially by the services sector, however, is not expected to remain in the […]
Tax benefit ends officially on December 31, but President Bolsonaro has already signaled he would seek its extension 08/30/2022 Jair Bolsonaro — Foto: Cristiano Mariz/Agência O Globo The fuel tax relief, a trump card of President Jair Bolsonaro’s (PL) in the election campaign, is expected to be maintained next year. The tax benefit ends officially […]
Out-of-court agreements gain ground as businesses focus on changing their debt profiles 08/30/2022 Cemig’s building — Foto: Divulgação Companies are intensifying talks with financial consultants and law firms specializing in restructuring to renegotiate their debts with creditors, sources say. With the increase in the cost of capital due to the high interest rates and limited […]
Global crisis and local factors reduced investor appetite, survey by PwC and ABFintechs shows 08/29/2022 At a time of scarce IPOs and fewer, smaller checks from venture-capital funds, 80% of fintechs are seeking capital or intend to do so in the next 12 months, according to data by Fintech Deep Dive 2022, a survey held […]
“Live commerce” is aimed at drawing advertisers and increasing revenues in the second half of the year, when major events such as the FIFA World Cup take place 08/28/2022 Fiamma Zarife — Foto: Silvia Zamboni/Valor Twitter, one of the most popular social media among Brazilians, began testing the live-stream shopping model in the country. The […]
Auction is seen as materializing only after port privatization, which depends on presidential election 08/29/2022 BTP is one of the port’s container terminals — Foto: Ana Paula Paiva/Valor The federal administration gave up on auctioning this year a new “super terminal” at the Port of Santos, which is expected to expand container handling capacity by […]
Facial recognition system allows customers to pay in stores without using an electronic device or a card 08/26/2022 Eladio Isoppo — Foto: Nilani Goettems/Valor When making a purchase, consumers want to avoid queues or time-consuming bureaucracy. To solve this, startup Payface brought to the market a new means of payment that simplifies operations in retail. […]
Group with interests in heavy construction equipment, luxury cars expects to reach R$2.2bn in revenues this year 08/26/2022 Clemente Faria Junior — Foto: Maria Tereza Correia/Valor Bamaq, a group with interests in heavy construction equipment, luxury cars, financing, and car insurance, plans to invest R$700 million by 2025 to expand current businesses and enter new […]
Bank seeks to double its 3 million-user base and multiply its portfolio by four in five years 08/26/2022 Octavio de Lazari Junior — Foto: Leo Pinheiro/Valor Bradesco has announced the acquisition of Ictineo Plataforma, a popular financial institution (sofipo) that operates with individuals in Mexico, strengthening its first and only international retail operation. The deal […]
Payments in arrears surged in Brazil amid a widespread deterioration in income and rising inflation 08/26/2022 Economists do not believe retailers are at risk and see the current situation as very different from that of the late 90s thanks to better internal controls and available cash — Foto: Ana Paula Paiva/Valor Brazil’s large retailers increased […]