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Entries by Gelcy Bueno

Qair to build R$2bn solar farm in Ceará

While trying to figure out how to put two green hydrogen plants in the Northeast region by 2025, Qair — a French independent power generation company — is expected to start the construction of a 440 MW solar farm, with an estimated investment of R$1.9 billion, in Icó, Ceará. Gustavo Silva, the head of operations […]

ICO’s new head wants to draw 100 countries

Coffee is part of the economy of every country in the world. Whether uniting production and consumption – or if there is only consumption –it is present in 196 nations and has growth potential in virtually all of them. Despite this, the International Coffee Organization (ICO), founded almost 60 years ago, brings together less than […]

Highway auctions, acquisitions may total R$92bn this year

A multi-billion package of highway auctions and acquisitions is expected to make news in 2022. At least nine bids are scheduled for this year, with estimated combined investments of R$80 billion. At the same time, three negotiations underway among private-sector companies are likely to combine for R$12 billion, sources say. Among the roads in the […]

Brazil enters carmakers’ race against climate change

The greenhouse gases emitted by the automotive industry are mostly caused by the very vehicles that the industry has sold over the past decades. Estimates range from 75% to 96%. But making a car also pollutes. The decarbonization of the production of cars and auto parts involves Brazil, as the factories installed in the country […]

Foreigners at B3 target restricted group of companies

Despite the good performance of the Brazilian stock market this year, the market gains are concentrated in a restricted group of stocks, the destination of foreign investment in recent weeks. The focus has been on consolidated, liquid companies and not always with fundamentals that justify a long-term bet. In the year, Ibovespa, the stock exchange’s […]

Guedes tells G20 Brazil is ready to grow despite subpar GDP projections

Economy Minister Paulo Guedes said at a meeting of G20 finance ministers and central bank chiefs that Brazil is ready for growth, sources say. The two-day hybrid (face-to-face and virtual) meeting ends this Friday. The debate on the global economy, in which Mr. Guedes and the Brazilian central bank President Roberto Campos took part, was […]

Post-pandemic green recovery may attract foreign investments

A post-pandemic green recovery can bring to emerging countries much more than a return to economic activity, but to attract companies and promoting sustainable development, especially in Brazil. This was one of the conclusions of a study by the Global Wind Energy Council (GWEC). On the other hand, the agency also warns that the country […]

Jewelry industry recovers, reports 20% growth

The Brazilian jewelry market showed a sales recovery in 2021, having closed the year with a 20% growth in revenues, reaching $4.5 billion. This year, the recovery trend continues, and the sector expects an advance of 10% to 15% in sales if there is no great instability because of elections in Brazil or geopolitical issues […]

Reduction of deforestation is off radar of B3 companies

Brazilian companies still fail to place deforestation at the center of their climate concerns. A survey by the consultancy Luvi One shows that only 16% of local companies listed on the stock exchange include the preservation of forests in their climate targets. In Europe, this percentage is 90%. When the specific targets are taken into […]

Ambev seeks higher hop production in search of perfect beer

After leaving his job at the stock exchange, Alexander Creuz, 46, from São Paulo, met again ABEV3 — or rather, Ambev — in the countryside of the state of Santa Catarina, now as a supplier of hops for the production of the Brazilian company’s beers. Leaving decades in the financial market and life in the […]