Associations criticize bill that limits role of arbitrators, obliges disclosure of decisions 07/14/2022 Pedro Batista Martins — Foto: Leo Pinheiro/Valor A bill in progress in the Chamber of Deputies intends to change the Arbitration Law to limit the role of arbitrators (who act as judges in cases) and determine that procedures and rulings must be […]
Investment funds operating in this segment report that supply of credits has been growing 07/14/2022 The rising interest rates and fast inflation cycle in Brazil, which makes credit more expensive and negatively impacts companies’ revenues, has driven alternative investments, especially distressed debt – loans in arrears or at risk of default. Investment funds that operate […]
Just three months ahead of presidential elections, potential investors do not believe that sale process will be concluded this year 07/14/2022 Petrobras resumed sales of three refineries in June — Foto: Divulgação Petrobras/Diego Pisante The sales of three Petrobras refineries may not be competitive, sources say. The oil company starts receiving non-binding proposals as of […]
Ceasaminas, CEEE-G, CBTU, and ES Gás are seen as moving forward despite elections in October; Santos Port Authority, previously a priority, is unlikely to be sold in coming months 07/14/2022 Fábio Abrahão — Foto: Leo Pinheiro/Valor The Brazilian Development Bank foresees that it is still possible to sell at least four more state-owned companies this […]
Rapporteur removed article that made payment of amendments compulsory 07/13/2022 Rodrigo Pacheco — Foto: Geraldo Magela/Agência Senado The plenary of the National Congress concluded the analysis and passed Tuesday the Budget Guidelines Law (LDO) for 2023. The vote took place even after a reaction from the so-called “Centrão,” a cluster of center-to-right parties that supports […]
Roland Berger highlighted Alupar, Engie, Equatorial and Enel Brasil in Brazil in survey with 201 listed firms around the world 07/13/2022 Eletrobras’s power transmission towers — Foto: Custódio Coimbra/Agência O Globo Alupar, Engie, Equatorial and Enel Brasil are among the 23 electrical companies with the world’s best performance, a study by Roland Berger shows. The […]
Shortage of electronic components and lack of skilled labor in the U.S. are obstacles 07/13/2022 Francisco Gomes Neto — Foto: Carol Carquejeiro/Valor Embraer, the leader in the regional jet market, is on course to fulfill its forecast of aircraft deliveries for 2022, despite persistent challenges in the global supply chain. But the current quarter will […]
With a 28% share, bank is leader in Brazilian market 07/13/2022 Percy Moreira, Fernando Beyruti and Felipe Nabuco — Foto: Silvia Zamboni/Valor The new structure of Itaú Unibanco’s private bank, put in place at the beginning of the year, seeks to consolidate a global vision for the whole business with the unification of the domestic […]
Train makers seek alternatives to prop up businesses after losing steam amid economic crisis, pandemic 07/12/2022 Brazil’s rail industry is at a virtual standstill. Without large orders from cargo and passenger operators, train makers in the country are sustaining their businesses thanks to exports and revenues from services like overhauls and updates of equipment already […]
Move is aimed at reducing costs locally after federal measures failed to reduce diesel prices at pumps as much as those of other fuels 07/12/2022 Hungary’s president Katalin Novák and Brazil’s president Jair Bolsonaro met on July 11 in Brasília — Foto: José Cruz/Agência Brasil/Agência O Globo President Jair Bolsonaro said Monday the Brazilian government […]