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Entries by Gelcy Bueno

Uber still battling with iFood after leaving meal delivery

Multinational told Brazil’s antitrust watchdog that exclusivity model was main reason for exit 08/03/2022 Uber ended on Monday meal delivery service through Uber Eats app Uber left the meal delivery market in Brazil, but continues to fight against exclusive contracts with restaurants established by iFood in the country. The multinational, which ended on Monday the […]

Higher wheat prices to reach Brazilian consumers in coming weeks

In one week, prices rose by $100 a tonne, on average, in the physical market 08/03/2022 Wheat production in Russia — Foto: Andrey Rudakov/Bloomberg With the beginning of the war between Russia and Ukraine, in one week the prices of wheat rose by $100 a tonne, on average, in the Brazilian physical market. This rise […]

Embraer enters cargo market with jet conversion

Jets are designed to meet transportation demand of e-commerce and modern trade 08/03/2022 Embraer’s converted E-Jet Embraer unveiled on Monday its entry into the air freight market with the launch of passenger-to-freight conversions of models E190F and E195F. The jets are designed to meet the transportation demand of e-commerce and modern trade, which “require fast […]

Solar financing in Brazil totaled R$16bn in 2021

Amount is more than double volume negotiated in 2020, survey shows 03/07/2022 The financing for solar power generation in Brazil totaled R$16.2 billion in 2021, according to a survey conducted by Clean Energy Latin America (Cela) with the main financial firms that foster the source. This is the third consecutive year that the country sets […]

Impasses with Paraguay challenge new head of Itaipu

Anatalicio Risden has to come to an agreement with the neighboring country to define the power plant’s budget for 2022 03/07/2022 Anatalicio Risden Junior — Foto: Sara Cheida/Itaipu Binacional Without consensus on the power tariff for the Brazilian and Paraguayan markets, Itaipu Binacional power plant still has no defined budget for the year 2022. Facing […]

War to boost renewables, expert predicts

To former president of Energy Research Company (EPE) Luiz Barroso, rising oil prices may drive demand for biofuels 03/07/2022 Luiz Barroso — Foto: Leo Pinheiro/Valor Luiz Barroso, former president of Energy Research Company (EPE) and the current president of consultancy PSR, sees opportunities, especially in Brazil, for renewable energy with the rise in oil and […]

War may worsen supply of semiconductors in Brazilian industry

More than 60% of industrial companies that buy chips pointed out difficulties in finding these items in January 03/07/2022 Divulgação TSMC — Foto: Asian semiconductors factory; in Brazil, inventories are likely to be further pressured by conflict The inventories of semiconductors in Brazil, already in a critical situation, are likely to be further pressured by […]

Embraer halts services, sales to Russia

Russian airline S7 operates 17 aircraft made by the Brazilian company 05/03/2022 Embraer plane Like Boeing and Airbus, Brazilian company Embraer halted the execution of maintenance services and the supply of spare parts for aircraft to customers in Russia and in certain regions of Ukraine. The decision was taken after new sanctions were imposed by […]

Startup digitalizes agricultural commodities trading

Based in Minas Gerais, Grão Direto has German giant Bayer among investors 05/03/2022 Frederico Marques, Alexandre Borges and Pedro Paiva — Foto: Divulgação When a farmer has a crop to sell, he has to deal with a series of phone calls to get the best offer for his products or even exchange grains for fertilizers […]