Brazil’s JBS and Saudi competitors express interest, but deal remains uncertain 03/11/2025 The Middle East is becoming an increasingly strategic market for the global meat industry. This time, Saudi Arabia’s Al Watania, the region’s largest poultry producer, has attracted takeover bids from interested buyers, including Brazilian food giant JBS, according to sources. The information was […]
Proposal sparks debate amid inflation concerns, raising risks for small pharmacies 03/11/2025 The Brazilian federal government is set to discuss a proposal in the coming weeks to lower the maximum price of medicines, currently regulated by the Drug Market Regulation Chamber (CMED) under ANVISA, the country’s health surveillance agency. The move aims to narrow the […]
Research to focus on rare earths, lithium, cassiterite, and tin in three mining regions 03/11/2025 Brazil and the United States are set to resume joint research to identify areas rich in critical minerals within Brazilian territory. Signed last year, the agreement initially planned studies in four states: Minas Gerais, Goiás, and a region spanning Rio […]
The issue is on the Supreme Court’s agenda; score so far is in favor of the National Treasury 03/07/2025 The ongoing debate at Brazil’s Federal Supreme Court (STF) regarding the taxation of profits from foreign subsidiary and affiliate companies could potentially result in a R$142.5 billion impact on Brazil’s federal government if the ruling goes […]
Change to help manage exchange-rate fluctuations reduces bonus that would go toward offsetting electricity increases for residential and rural consumers 03/07/2025 Decree 12,390/2025, published in the Diário Oficial da União (DOU) on February 5, may impose additional costs on low-income consumers, experts told Valor. They discussed the government’s decision to redirect part of the so-called […]
Executive package eliminates tariffs on products such as meat and sugar, includes regulatory measures and incentives to boost staple food production in the next Plano Safra 03/07/2025 Amid mounting pressure and declining approval ratings, President Lula’s administration announced on Thursday (6) a package of measures aimed at reducing food prices in Brazil. Import tariffs on […]
Federal Regional Court of 1st Region gives company 90 days to implement app market changes ordered by CADE 03/06/2025 The Federal Regional Court of the 1st Region (TRF-1) has overturned a trial ruling and reinstated an injunction imposed by the Administrative Council for Economic Defense (Cade) on Apple, as part of an investigation into alleged […]
Meeting follows industry’s claim that stores fail to pass on price reductions 03/06/2025 Facing low approval ratings for President Lula, the Brazilian government has convened a second round of meetings within a week with business representatives to seek support in curbing food inflation. This step comes amid a blame game between industries and retailers over […]
Government considers an approach that combines corporate and dividend taxes as it discusses income tax reform and an increase in the exemption threshold 03/06/2025 The Brazilian government plans to implement income tax on dividends based on a model used by the Organization for Economic Cooperation and Development (OECD), a member of the economic team told […]