Abu Dhabi’s Mubadala fund, Raízen are among those interested in assets 08/09/2022 Bunge and BP created joint venture in 2019 — Foto: Divulgação U.S.-based Bunge and British oil company BP have put up for sale the sugar-and-ethanol company BP Bunge Bionergia, a joint venture created by the two companies in 2019, sources say. With 11 […]
Total margin can reach 45%, compromising almost half of customers’ income 08/08/2022 Changes in payroll-deduction loans put in place by the law signed Wednesday by President Jair Bolsonaro (Liberal Party, PL) are still being analyzed by banks, but a cautious tone prevails because of the delicate moment of the Brazilian economy. With the creation of […]
With the acquisition, the company’s chain in Brazil will have about 60 stores 08/08/2022 Agtech giant Syngenta announced Friday the acquisition of the input retailer chain Agro Jangada, headquartered in the state of Mato Grosso do Sul. With the acquisition, the seed and pesticide manufacturer controlled by Chinese capital will expand operations in regions it […]
CTG Brasil, controlled by Chinese company, questions change in firm energy of its plants; R$500m have already been charged from consumer 08/05/2022 CTG’s hydroelectric plant in Rosana — Foto: Henrique Manreza/Divulgação A legal imbroglio in the power industry may open precedents for a multi-million hole in the consumers’ electricity bills. The hydroelectric plants of CTG […]
Assessment that key rate Selic will stay at 13.75% prevails, sustains rally of risk assets 08/05/2022 Benchmark stock index Ibovespa showed a firm rise on Thursday — Foto: Silvia Zamboni/Valor A clearer signal from the Central Bank’s Monetary Policy Committee (Copom) about the end of the cycle of Selic hikes was all it took for […]
Case involves five companies, eight individuals and a relevant discussion about fines for all cases of anticompetitive conduct 08/04/2022 CADE’s building in Brasília — Foto: Jefferson Rudy/Agência Senado Antitrust regulator CADE has acknowledged the existence of a cartel in bids held for the installation of cafés in airports in São Paulo (Congonhas), Florianópolis, Recife, Campo […]
Terminals in Brazil’s North region account for a quarter of inputs from abroad 08/04/2022 As grain crops grow in the Matopiba region (bordering the states of Maranhão, Tocantins, Piauí and Bahia) and in northern Mato Grosso, the Arco Norte (North Arch) ports become increasingly attractive to logistics service providers. In the wake of the growth […]
Committee hinted possibility of new hike in September 08/04/2022 Central Bank’s building in Brasília — Foto: Divulgação/Rodrigo Oliveira/Caixa Econômica Federal The Central Bank’s Monetary Policy Committee (Copom) raised the Selic policy interest rate by 50 basis points on Wednesday, to 13.75% per year, and hinted that it will evaluate the need for a “residual adjustment, […]
According to association of securities firms, class accounts for 61.3% of investments volume in first half 08/03/2022 Investments by individuals in retail, high income, and private banking reached R$4.65tn in the first half of the year, Anbima says — Foto: Silvia Zamboni/Valor The giant flow of individuals into fixed income is more related to the […]