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 […]
Cash transfer programs are taking up more space in the government’s welfare budget. The change gained strength with the pandemic and tends to continue at least this year, with cash transfer program Auxílio Brasil. At the same time, some public policy experts warn that the federal government has paid less attention to social programs that […]
In the mid-1990s, a 21-year-old boy approached the management of chocolate manufacturer Lacta offering the use of bacteria as a solution to a problem in the production line. “You’re crazy,” was what he heard. Sometime later, however, the then tie salesman Luiz Chacon heard a very different reaction from the same executives. “Set up a […]
While the trade balance as a whole ended 2021 with a record surplus, the manufacturing industry saw its deficit deepen to $53.3 billion, the worst result since 2014. In the pre-pandemic period, in 2019, the negative balance was $42 billion, according to data from the Institute for Industrial Development Studies (IEDI). In another type of […]
Petrobras is analyzing opportunities in markets such as small nuclear power plants, geothermal energy and different types of wind and photovoltaic energy. While participating in the Latin America Investment Conference 2022, promoted by Credit Suisse on Thursday morning, the CEO of the state-owned company, Joaquim Silva e Luna, mentioned for the first time some of […]
Pepkor, the largest fashion retailer in South Africa, with more than 5,500 stores in ten countries, controlled by Steinhoff International, has acquired 87% of Grupo Avenida, one of the largest fashion chains in the Center-West and North of the country formed by 110 stores of Avenida fashion retailer and 20 of shoe retailer Giovanna Calçados. […]
It is not new that, in Brazil, agricultural activities that generate billion-dollar results still share the corners of the country with extreme poverty. Just over 15% of the country’s rural population experienced severe deprivation in 2019, around 5 million people. Another 17.6 million people (52.9% of the total) were poor. A worrying picture, which may […]
The political wing of the government acted on Thursday to approve a Proposed Amendment to the Constitution (PEC) that would allow President Jair Bolsonaro (Liberal Party, PL) to zero taxes on all fuels, including gasoline, without having to compensate for the increase in other taxes. In addition, it authorizes a reduction in the Tax on […]