Democratic activist Elizabeth Bagley was appointed by President Joe Biden on Wednesday as the new U.S. ambassador to Brazil. She still needs approval of the U.S. Senate to take over as head of mission. Currently the owner of a telecommunications company in Arizona, Ms. Bagley specializes in international law and has a long history of […]
The pandemic has not halted the trend of growth in the number of organic food consumers in Brazil. Even with all the logistical and income challenges imposed by Covid-19, more people have started to resort to pesticide-free products in the country, and most of them have either maintained or increased their purchases in the last […]
Close to a pre-IPO private round, fintech Creditas has already started the process for listing on a stock exchange in the U.S. The company estimates in talks a debut valuation between $7 billion and $10 billion, sources say. There is a possibility that the offer will occur at the end of the second quarter – […]
The scenario of uncertainty —rising inflation and interest rates, and facing the majority elections this year — leads real estate developers to adopt a more cautious stance when drawing up their plans for 2022. The famous “guidances”, that is, the goals for the year, gave way to the discourse of most companies that decisions will […]
A relevant factor for the downfall of Ibovespa in the second half of 2021, the water crisis has given clear signs of slowing down, which opens space for a correction in several sectors of the Brazilian stock market that have not yet anticipated the new scenario. The improvement in the water scenario, therefore, supports the […]
Renova Energia, the embattled power generation company under protection from creditors, is trying to get back on its feet with Alto Sertão III, a wind farm about to go online. The 432-megawatt complex, with a capacity to supply 1 million homes, is expected to start commercial operation in the coming days and generate an EBTIDA […]
The possible revision of the auction of Santos Dumont airport, in Rio de Janeiro, due to pressures from the state government, has generated concern in part of the sector and questions in the state of São Paulo. The fear is that changes will be political, rather than having technical nature. In addition, there are criticisms […]
Brazil was the country that raised interest rates the most in 2021 and yet boasts one of the highest consumer inflation expectations for this year when compared to its peers. For some analysts, the figures show that inflation in Brazil has reacted little to increases in the Selic policy interest rate. This theory diverges from […]
The federal government is mulling over a provisional measure — a legal act that allows the president to enact an interim law prior to Congress voting — aiming at increasing competition in the health insurance market, by the creation of an “open health” system. It is inspired by the open banking platform — a system […]
Monte Capital Management has acquired three quarters held by the Yosemite fund in Invepar, the parent company of the São Paulo International Airport, in Guarulhos. Together with FI-FGTS, the investment arm of the Workers’ Severance Fund, which owns a quarter of Yosemite, Monte will take a 25% stake in the infrastructure holding company, whose remaining […]