Possible government interference is seen as “acceptable” amid volatility caused by war in Ukraine 10/03/2022 The strong rise in oil prices in the international market in recent days as a consequence of the Russia-Ukraine war has put pressure back on the pricing policy of Petrobras. As a result, the discussion about how government interference drives […]
World’s largest exporter of orange juice vows to have 100% of its supply chain sustainable 10/03/2022 Mario Bavaresco — Foto: Divulgação Citrosuco, the world’s largest exporter of orange juice, has just defined its commitments in the environmental, social and governance (ESG) fields by 2030. The Matão-based company controlled by the Fischer and Votorantim groups confirmed […]
The weight of fertilizers in production costs continues to rise and already accounts for 35% to 40% of a crop 10/03/2022 Although negotiations have been slow in the Brazilian fertilizer market since the Russian invasion in Ukraine and many uncertainties are still on the radar, one thing is for sure: the price increase has made […]
Power generation company sees better landscape after reducing losses thanks to improvement in reservoir levels 03/09/2022 AES Brasil, a subsidiary of U.S.-based AES Corp., managed to reduce losses in the fourth quarter of 2021 thanks to a substantial improvement in reservoir levels due to a more favorable rainfall regime. Now the power generation company sees […]
Bondholders say that “in practice” the discount on the debt is 96.8%. 03/09/2022 On the eve of the general meeting of creditors, scheduled for Thursday, Samarco’s bondholders reacted against the new version of the judicial recovery plan, indicating that the result may be a bit further from what the mining company expected. In a document […]
For Bradesco, the country is experiencing a supply shock and monetary policy has low effectiveness to control prices 09/03/2022 Fernando Honorato Barbosa — Foto: Leo Pinheiro/Valor The banks Bradesco and BNP Paribas raised their projections for inflation in 2022 due to the global price shock. Bradesco revised its forecast to 6% from 5.4% due to […]
Funding totaled R$46.5bn last year, and several initiatives are now testing investor’s appetite for illiquid classes 09/03/2022 Patrick Cannel, Caio Costa, Guillaume Sagez, with Fors Capital — Foto: Silvia Zamboni/Valor The cycle of high-interest rates in Brazil has not been enough to stop private-equity companies. Last year was a busy one, especially in the venture […]
Industry fears conflict may worsen current crisis, but says it is too early to make forecasts 09/03/2022 Luiz Carlos Moraes — Foto: Silvia Costanti/Valor After two years of pandemic, the automotive industry has not yet managed to fully overcome the impacts on the supply chain and already sees a new wave of potential problems with […]
Prevailing view is still that monetary authority will maintain course of monetary policy 08/03/2022 The new rounds of oil, grain and metal price hikes are expected to add even more pressure on inflation. But the prevailing view in the financial market is still that Brazil’s Central Bank is likely to maintain the course of monetary […]
Multinational told Brazil’s antitrust watchdog that exclusivity model was main reason for exit 08/03/2022 Uber ended on Monday meal delivery service through Uber Eats app Uber left the meal delivery market in Brazil, but continues to fight against exclusive contracts with restaurants established by iFood in the country. The multinational, which ended on Monday the […]