Company mulls deals in renewable power; CEO Marcos Lutz says operational efficiency is a priority 18/08/2022 Marcos Lutz — Foto: Claudio Belli/Valor Grupo Ultra, one of the largest companies in Brazil, will focus on putting its house in order and then return to growth after raising about R$8.5 billion by selling two of its main […]
Moderna, Pfizer offer shots to fight both original virus and omicron variant 18/08/2022 U.S.-based drugmaker Moderna and Zodiac, its partner in Brazil, started March contacts with health regulator Anvisa with the intention of making a new vaccine available in the country at the beginning of 2023. Pfizer is also working to bring to the Brazilian […]
Debenture issuers seek creditors to review contracts 08/17/2022 The number of companies that have had to sit down with creditors has grown amid a worsening economic scenario and rising interest rates and inflation. This was made clear by the increase in the number of meetings of bondholders held in recent months. In most cases, the […]
Global corporate spending on cloud services reached $55bn in the second quarter, according to data from Synergy Research Group 08/17/2022 Howard Boville — Foto: Divulgação/IBM IBM, one of the largest technology companies in the world, is trying to increase its share of the cloud computing market and has Brazil, especially banks, as a niche worth […]
According to GfK, customers are paying more than 30% less for a device than in January 08/17/2022 5G networks were activated on Tuesday in Curitiba, Goiânia, and Salvador — Foto: Pixabay License The progress of the 5G coverage in Brazil — followed by the expansion of the supply of mid-range smartphones compatible with the technology […]
The main exporter was Russia, accounting for 24% of the total 08/16/2022 Fertilizer handling at Paranagua port — Foto: Divulgação Brazilian fertilizer imports grew 14.7% in the first seven months of the year and reached 21.8 million tonnes, a report by the consultancy Agro, of bank Itaú BBA, highlighted on Monday. Despite the war in […]
The index can go to lowest annual level since 2020, also because of fear of global recession 08/16/2022 André Braz — Foto: Leo Pinheiro/Valor The 4.85% drop in gasoline prices at the distributors, announced Monday by Petrobras, may lead the country’s official inflation to a rate below 7% this year, said André Braz, an economist […]
Economic experts say there is no fiscal space for further cash transfers 08/16/2022 Proposal will compete for the narrow fiscal space of the 2023 budget with other demands — Foto: Marcello Casal Jr./Agência Brasil The idea of extending the handouts for taxi and truck drivers beyond December, set in motion on Monday by Labor Minister […]
This is the group’s first investment in Brazil; company now plans to take part in new projects in the country 08/15/2022 The Italian group INC, which won the auction of the public-private partnership (PPP) of the Belo Horizonte beltway on Friday, makes its debut as a highway concessionaire in Brazil. The company now plans to […]
Automakers’ failure to make a decision about local production reveals a divided industry and government’s omission in the debate 08/15/2022 Caoa Chery’s plant: carmaker is betting on ethanol hybrid car — Foto: Reprodução Carmakers have very clear global decarbonization targets. Most of them already have a date when they will stop producing internal combustion engine […]