The Jair Bolsonaro administration reached its last year resorting to “cheap electoral populism”, “totally irresponsible” and reminiscent of the “worst practices of the PT [Workers Party] government”. This is the assessment of the monthly letter to clients of Verde Asset Management, headed by Luis Stuhlberger. In the report entitled “Economic Flat Earth Theory”, chief economist […]
Rio de Janeiro – Brazil-based oil company Petrobras announced on Thursday (9) it met all its output goals established for 2021, posting several record numbers, including pre-salt results, with an annual average 1.95 million barrels of oil equivalent per day, accounting for 70% of the company’s total output. “Our pre-salt production has been growing fast, and the record high […]
Minerva Foods, the largest beef exporter in South America, announced it became the first company in the segment to monitor 100% of its cattle suppliers in Paraguay. In the Paraguayan Chaco, Minerva claims to have more than 3,000 supplier farms. In the region, it already has 11.8 million hectares mapped through the SMGeo system, developed […]
The Mater Dei hospital network is buying 95% of Emec, the largest private hospital in Feira de Santana (state of Bahia), for around R$200 million. This is the group’s second acquisition in the first 40 days of the year. In January, the network disbursed almost R$250 million for Hospital Premium, in Goiânia (state of Goiás). […]
At the age of 14, Celso Athayde’s task was to help his mother take other children from the Favela do Sapo, in Rio de Janeiro’s west zone, to the beach in exchange for payment. The informal business, called “Mãe Praieira”, gave parents the tranquility to go out to work without the fear of leaving their […]
President Jair Bolsonaro early January signed into law the legal framework for local energy generation, the so-called distributed generation. It generated urgency in the development of new projects in Brazil. The sector foresees a “gold rush” this year to guarantee the use of the distributors network, the so-called Tusd. The haste is explained because the […]
NOOA Science and Agricultural Technology will invest R$42 million to expand the capacity of its bio-inputs factory, located in Patos de Minas (state of Minas Gerais). Founded in 2016, the company has already invested R$100 million in research and currently delivers biological solutions for the cultivation of corn but intends to launch biological solutions for […]
The acceptance of Central Bank´s instant-payment system Pix as a means of payment in the largest online stores in the country reached a record level of 64.4% in January, according to a study by consultancy Gmattos, obtained by Valor. A year ago, this percentage was only 16.9%. If the growth rate is maintained, it is […]
The merger between health plan operators Hapvida and NotreDame Intermédica (GNDI) will generate a R$1.4 billion increase in the combined company’s EBTIDA until 2024. Of this amount, 40% of synergies will be captured this year, and most of the gains will come from the increase in revenue with the creation of a medical plan with […]
The government intends to inject credit into micro and small companies in 2022, special advisor to the Economy Ministry Guilherme Afif Domingos told Valor. He expects volumes to continue growing. From April 2020 until now, R$146.9 billion have been released, according to data from Portal do Empreendedor, a gateway to small independent businesses. “It will […]