This offers glimpse of monetary authority’s view over factors that pressure rate 07/07/2022 Policymakers have yet to unveil their view about recent currency swings — Foto: Pexels Despite the substantial increase in the foreign exchange rate, the Brazilian Central Bank has refrained from intervening in the market by selling hard currency from its reserves since […]
Payment for positions in purchase and supply of fertilizers increased up to 60% amid the Russia-Ukraine war 07/07/2022 The war between Russia and Ukraine has boosted the demand of Brazilian agribusiness companies for professionals who work in the supply area. Under the fear of lack of inputs, the remuneration of those who work directly in […]
One of the goals is to develop hybrid cars and develop local sourcing of parts 07/07/2022 Antonio Filosa — Foto: Alexandre Campbell / Valor Stellantis’s procurement team in Brazil has had a lot of work lately. The automaker corporation that unites Fiat, Chrysler, Peugeot and Citroën needs to advance in negotiations with suppliers to meet […]
Terminal operators accuse shipping giants of abusive practices 07/07/2022 The conflict came to the fore in recent months, with the auction of a large container terminal at the Port of Santos — Foto: Ana Paula Paiva/Valor The dispute between Brazilian port operators and global shipping giants Maersk and MSC is expected to escalate in the […]
French company owns Ticket, one pioneer in replacing paper meal vouchers with cards in the country 07/06/2022 Cristiane Nogueira and Emmanuel Guinet — Foto: Divulgação French company Edenred knows well the Brazilian card market and its users. It owns Ticket, one pioneer in replacing paper meal vouchers with cards, which has been operating in the […]
Trade group will present document to presidential candidates 07/06/2022 Infrastructure companies advocate the creation of a floor for public investments, a reindustrialization policy and an integrated development agenda for the country. The proposals were put together by the Brazilian Association of Infrastructure and Basic Industry (Abdib) in a document that will be presented to presidential […]
Brazil’s largest asset manager is being structured to sophisticate products 07/06/2022 Aroldo Medeiros — Foto: Silvia Zamboni/Valor BB DTVM, Banco do Brasil’s asset manager and the largest such company in the country with R$1.5 trillion under management, has always been known for its size, but also for being slower in the process of product sophistication. […]
Contract provides R$129.5m payment to shareholders and direct injection of R$30m 07/05/2022 Vibra Energia intends to achieve the commercialization of its first million cubic meters of biomethane in three years, reaching the mark of 2 million m³/day in the next five years, with the acquisition of 50% of ZEG Biogas. This volume corresponds to 20% […]
Production of new 7MW equipment expected to start by 2025 07/05/2022 New wind turbines will initially be made at a manufacturing facility in Jaraguá do Sul — Foto: Divulgação/WEG WEG, the Santa Catarina-based machinery and equipment maker, will invest in the production of Brazil’s largest wind turbine. The 7-megawatt equipment, whose rotor has a diameter […]
Santiago Chamorro rejects hybrid car idea, says country’s turn will come when cost falls 07/05/2022 Santiago Chamorro — Foto: Ana Paula Paiva/Valor Some automakers are preparing to produce hybrid cars in Brazil. This group understands that the vehicle with two engines (one combustion and one electric) is the best way for Brazil to join the […]