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Entries by Gelcy Bueno

OECD to analyze Brazil’s practices, policies

Deforestation, trust in institutions among issues to be examined before admission 06/07/2022 OECD’s building in Paris — Foto: Hervé Cortinat/OECD The Organization for Economic Cooperation and Development (OECD) will examine from now Brazilian practices and policies in negotiations to evaluate the country’s admission to the organization. The assessment will range from trust in institutions to […]

Revenue from extractive industries to double by 2030

Oil, natural gas and iron ore will generate higher-than-expected collection, according to calculations by think tank Ibre/FGV 06/07/2022 Braulio Borges — Foto: Ana Paula Paiva/Valor The federal gross collection of revenues related to extractive industries – especially oil, natural gas and iron ore – is seen as reaching an annual average of 2.11% of GDP […]

Cellera teams up with Ferring for innovative medicines

Agreement includes production, commercialization of gastroenterology product 06/07/2022 Omilton Visconde Junior and Rafael Suarez — Foto: Celso Doni/Valor Brazil’s Cellera Farma has signed an agreement with the Swiss laboratory Ferring for the production and commercialization of an innovative medicine for gastroenterology healing, in the first step of a partnership that may be more comprehensive in […]

Global economic outlook boosts share buybacks in Brazil

May is second-busiest month since 2020 in Brazil, with 21 companies launching such programs 06/07/2022 São Paulo-based B3: stocks are going through strong correction in 2022 — Foto: Aloisio Mauricio/Agência O Globo Faced with volatile markets that are sensitive to the global economic scenario, stocks are going through a strong correction in 2022 and companies […]

Government proposes reducing tax rate on fuel to zero

States would be compensated, according to plan; measure would be in place by December 06/07/2022 Jair Bolsonaro — Foto: Antonio Molina/Fotoarena/Agência O Globo In another effort to try and lower inflation and reduce fuel prices — less than four months before the election — President Jair Bolsonaro proposed Monday to reimburse states if governors agree […]

Inflation, supplies are L’Oréal’s priorities

Company has double-digit growth in Brazil and gains market share with consumers loyal to the brands 06/06/2022 Alexis Perakis-Valat — Foto: Leo Pinheiro/Valor Brazil was the first country that Alexis Perakis-Valat, global CEO of L’Oréal’s division for the general public, visited when he took over the position five years ago. Last week, Mr. Perakis-Valat returned […]

Amazon can be recovered, generate income, experts say

They suggest the use of agroforestry occupation to generate economic activity in degraded areas 06/06/2022 Beto Verissimo and Juliano Assunção — Foto: Leo Pinheiro/Valor The historical process of occupation of the Amazon has created enormous forest loss, but the stock of deforested areas can be recovered and used for the production of items that generate […]

Unipar to invest R$130m in new plant in Bahia

New plant with capacity to produce 10,000 tonnes of chlorine a year will be built at the Petrochemical Complex of Camaçari 06/06/2022 Mauricio Russomanno — Foto: Silvia Zamboni/Valor Unipar, the largest producer of chlorine and caustic soda and one of the main PVC manufacturers in South America, will invest R$130 million in a new plant, […]

Sinqia has R$200m for growth plans

Strategy now is to invest in front office solutions 06/06/2022 Even after spending R$420 million on the purchase of NewCon in December and R$79.5 million on Lote45 in January, Sinqia continues to seek new acquisition opportunities to expand the range of software services it offers to financial firms. The focus now, however, is on repositioning […]

ArcelorMittal expands capacity to serve automotive market, industry

Investment in Brazil totals R$7.8bn after new injection 06/02/2022 ArcelorMittal’s Sabará unit — Foto: Divulgação/ArcelorMittal/Nitro Histórias Visuais ArcelorMittal, the steelmaker focused on the automotive and industrial sectors, will expand investments in Brazil by R$144 million, totaling R$7.8 billion. The company has been unveiling new capital injections since early last year. The new investment unveiled Tuesday […]