Suspension targets Fábrica and Viga units after heavy rains in Congonhas raise safety concerns 01/29/2026 The city government of Congonhas, in the state of Minas Gerais, has suspended the operating permits for Vale’s Fábrica and Viga units following recent rainwater overflows. The municipality also demanded that the mining company implement emergency environmental control, […]
Sale process of Brazilian pharma enters decisive phase as final offers are expected between late February and early March 01/29/2026 India’s Sun Pharma and Brazil’s EMS are seen as the leading contenders to acquire Medley, the generic-drug maker owned by France’s Sanofi. Other domestic companies are also in the running, including Aché, Biolab and Hypera, […]
FGV index shows biggest drop in a year 01/27/2026 The Consumer Confidence Index (ICC) fell 1.8 points to 87.3 points in January 2026, according to Fundação Getulio Vargas (FGV). This was the sharpest drop since January 2025 (-4.4 points) and brought the indicator to its lowest level since October 2025 (87 points), said Anna Carolina Gouveia, an economist at […]
Company started approaching competitors to sell stake or even entire steel arm, and plans to hire bank soon 01/27/2026 Companhia Siderúrgica Nacional (CSN) has made informal contacts with competitors to gauge potential interest in its steel business, Valor has learned. According to two sources, the group controlled by Benjamin Steinbruch could sell up to 100% of its steelmaking […]
Despite resistance from some sectors of the French economy, the free trade agreement between Mercosur and the European Union is being welcomed by French businesses and investors active in Brazil, according to Thierry Besse, president of the France-Brazil Chamber of Commerce (CCIFB). 01/26/2026 After 25 years of negotiations, Besse said that rejecting […]
Supreme Court rulings drive decline as probable losses raise new warnings 01/26/2026 The federal government reduced the risk of losses from lawsuits by 30.6% from the peak in 2022, when the total reached R$3.758 trillion. Despite the decline, the amount remains substantial. At the end of 2025, the figure totaled R$2.607 trillion, including the […]
Executive warns Brazilians are losing hope amid revelations of Master case, criticizes justices and backs code of conduct 01/26/2026 In recent weeks, reports about relationships between justices of Brazil’s Federal Supreme Court and private interests, as well as episodes involving ethics and institutional conduct, have begun to draw public attention. In December, a manifesto titled “For a code […]
Advisory firms see excess of funds released all at once and lack of assets to absorb them 01/20/2026 More than R$40 billion (about $8 billion) that the Credit Guarantee Fund (FGC) has begun to disburse to reimburse investors holding Banco Master certificates of deposit (CDBs), following the bank’s extrajudicial liquidation, has injected an […]
PwC survey released in Davos shows Brazil ranking 13th in investment interest; last time confidence peaked here was in 2022 01/20/2026 Leaders of large companies continue to bet on reinventing their businesses, seeking growth opportunities outside their traditional sectors, a trend already seen last year, according to the 29th Global CEO Survey organized […]
Steelmaker’s plan includes selling stake in infrastructure unit and control of cement in 202 01/20/2026 Companhia Siderúrgica Nacional (CSN) said on Wednesday (14) it plans to sell assets, including control of its cement business and a stake in the group’s infrastructure arm, to reduce leverage by between R$15 billion and R$18 billion. The […]