Profit is expected to rise nearly 20% this year, driven by a growing client base and a unified structure for the group’s 10 companies 10/08/2024 As one of the largest advertising and marketing groups globally, Publicis is seeing expanding revenue and profit in Brazil. Business trends indicate a 14% increase in revenue and an almost […]
Rate cuts in the U.S. expected to boost appetite for risk in emerging markets, focusing on liquid stocks 10/08/2024 Three years after the last wave of initial public offerings in Brazil, investment banks have been meeting with privately held companies and potential candidates to re-enter the market starting in 2025, when the long drought of […]
Gilberto Kassab, president of the Social Democratic Party (PSD), believes that Governor Tarcísio de Freitas of São Paulo was the most influential political supporter in the state’s capital 10/08/2024 Gilberto Kassab, national president of the Social Democratic Party (PSD) and São Paulo’s secretary of government, celebrated his party’s success in this year’s elections, winning 878 […]
The partners are clashing over management and control of the pulp producer in two ICC arbitrations and one at B3’s CAM, alongside ongoing litigation in regular courts 10/07/2024 A third arbitration in the Eldorado case, held in secrecy, has ordered the pulp producer to pay its shareholders, J&F Investimentos and Paper Excellence, the minimum mandatory […]
Petrochemical company began investor meetings 10/07/2024 Braskem has commenced a series of investor meetings on Monday to issue 10-year debt securities abroad. The company is also launching a buyback program for bonds issued in 2020 that are set to mature in 2081. This issuance represents the longest-term debt for the company. The offering is being […]
Escalating conflicts involving Lebanon and Iran could increase shipping costs and affect trade routes for Brazilian exports 10/07/2024 One year after the extremist group Hamas attacked Israel, sparking the war in Gaza and fueling another wave of violence in the Middle East, Brazil’s agribusiness exports face a new challenge in the region. The rising tensions, […]
Polls predict strong right-wing momentum, re-election dominance, and a tight battle among major parties in key Brazilian capitals 10/04/2024 If the polls hold true, this year’s municipal election in Brazil is shaping up around three central issues: the electoral rise of the right-wing, a strong trend toward re-election, and the dominance of four political parties: […]
Economists say current account deficit is underestimated because of the use of digital currencies as payment methods 10/04/2024 The rapid outflow of U.S. dollars from Brazil due to purchases of crypto assets and sports betting, or “bets”, has caught the attention of economists and foreign exchange traders. Although it has not yet surpassed other capital […]
Government launches repatriation effort for Brazilians following Israel’s military offensive against Hezbollah 10/03/2024 Brazil’s Ministry of Foreign Affairs has decided to send a team to bolster the Brazilian embassy in Lebanon. This move comes as the government organizes an operation to repatriate Brazilians wishing to leave the country in the wake of Israel’s air and […]
Suspicions involve product sales between the group’s physical and digital divisions, expenses recorded outside actual periods 10/03/2024 The independent committee hired by Americanas to investigate the retailer’s financial discrepancies has discovered additional areas of concern within the company’s accounting practices. These suspicions include transactions between the physical and digital divisions of the group and expenses […]