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Entries by Gelcy Bueno

Nubank surpasses Itaú to become Latin America’s most valuable bank

Neobank reached market cap of R$297bn on Tuesday, surpassing Itaú’s R$288.5bn 05/29/2024 Nubank is now the second-largest company in Brazil regarding market cap, behind Petrobras — Foto: Divulgação Nubank has surpassed Itaú in market capitalization on the New York Stock Exchange (NYSE), claiming the title of the most valuable bank in Latin America. On the […]

Petrobras must be profitable, serve shareholders’ interests, CEO says

For Magda Chambriard, “dialogue” is key to reconciling different perspectives 05/28/2024 Magda Chambriard — Foto: Leo Pinheiro/Valor Petrobras must be a profitable company that simultaneously serves the interests of both private and governmental shareholders, said the new CEO of the state-run company, Magda Chambriard, on Monday. In her first press conference after taking over the […]

IMIGRAÇÃO AO CANADÁ: EXPLORANDO OPORTUNIDADES

Comissão de Assuntos Jurídicos – CCBC https://www.sympla.com.br/evento-online/webinar-imigracao-ao-canada-explorando-oportunidades/2482914?_gl=1*iyh714*_ga*MTgzMzYyMTQzMy4xNzExMzY1NzM1*_ga_KXH10SQTZF*MTcxNjU1NTU1NC42My4xLjE3MTY1NTc4MzcuMzMuMC4zNTU2MDg2MTc

Brazil champions increased access to green funds for emerging markets

Aim is to channel more external resources to finance investments for transition to a low-carbon economy 05/27/2024 Nelson Barbosa — Foto: Leo Pinheiro/Valor Brazil aims to leverage its rotating presidency of the G20 to channel more external resources into financing the necessary investments for transitioning to a low-carbon economy in emerging countries, including itself. According […]

Struggling firms seek cash from controlling shareholders

Capital injections provide relief to publicly traded companies; disbursements total R$22bn in 12 months 05/25/2024 Luciano Lindemann — Foto: Ana Paula Paiva/Valor Facing significant financial pressure, a group of publicly traded companies is turning to their controlling shareholders for capital injections to alleviate their balance sheets amid a prolonged period of high interest rates and […]

Azul, Gol codeshare raises merger speculation in Brazil

Codeshare does not require antitrust regulator’s approval; experts say operation tends to attract attention 05/27/2024 Partnership will combine the two carriers’ airline networks in Brazil through the codeshare system and involve both companies’ loyalty programs — Foto: Leo Pinheiro/Valor The cooperation agreement between Azul and Gol announced on Thursday (23) agitated the market, as experts […]

Government accelerates efforts to equip cities for climate crisis

Recent assessments rank Porto Alegre among cities in Rio Grande do Sul with a “very high” capability to manage hydrological disasters 27/05/2024 Pelotas on May 26: city impacted by floods in Brazil’s southern state is among those with “very high” capacity to manage hydrological disasters — Foto: Eduardo Rodrigues/Agência Pixel Press/Folhapress Nearly a month after […]

Taxing super-rich requires global agreement

Measure is one of the main agendas of the Brazilian presidency in the G20 05/24/2024 One of the key agendas of the Brazilian presidency in the G20, the taxation of the super-rich at a global level, will only be feasible through international cooperation, said Felipe Antunes, coordinator of the International Financial Architecture Working Group, on […]

Foreign shareholders join forces to ask for general meeting at Petrobras

Meeting could risk members elected by unbundled vote; board elected Magda Chambriard as new CEO 05/24/2024 Investors’ move is motivated by concerns around the oil giant’s future following the dismissal of CEO Jean Paul Prates — Foto: Leo Pinheiro/Valor Foreign shareholders are joining forces to gather 1% of Petrobras’s capital stock to ask the state-owned […]

Petrobras elects Magda Chambriard as new CEO

Chambriard was inaugurated as CEO of Brazil’s state-owned oil company and member of the board of directors this Friday 24/05/2024 Magda Chambriard — Foto: Tânia Rêgo/Agência Brasil Petrobras announced this Friday (24) that its board of directors has approved the appointment of Magda Chambriard as a board member and has elected her as the new […]