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Entries by Gelcy Bueno

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 […]

Development bank raises R$1.9bn with JBS block trade

The Brazilian Development Bank (BNDES) pocketed almost R$1.9 billion on Wednesday with the sale of another slice of its shares in JBS. In a block trade coordinated by BTG Pactual, the state-owned bank disposed of 50 million shares. Since December, BNDESPar, the bank’s equity arm, has raised more than R$4.5 billion with the sale of […]

State governments investments grew 83.6% compared to 2020

State governments investments grew in 2021 at vigorous rates not only compared to 2020 but also to 2017, the year before last of the Michel Temer administration’s term. Investments in the 26 states and the Federal District Brasília last year totaled R$75.9 billion, with a real increase of 83.6% compared to the previous year. In […]

Foodtech raises $100m for “plant-based chicken”

Next Gen Foods, a plant-based chicken startup founded by former BRF executive Andre Menezes and Timo Recker, has just written a new chapter in the global foodtech industry. Just over six months after celebrating the biggest seed of a plant-based startup, when it raised $30 million, the owner of the Tindle brand broke barriers again. […]