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Entries by Gelcy Bueno

Sugarcane processor Colorado makes offer for Raízen mill in São Paulo

Raízen, owned by Cosan and Shell, is also negotiating sale of three other units       10/03/2025 Brazilian sugarcane processing company Grupo Colorado, the owner of two mills in Brazil’s Center-South region, has made an offer for Raízen’s Usina Continental, two sources familiar with the matter told Valor. The sources requested anonymity. Raízen declined […]

Morgan Stanley sees Brazil economy slowing down less than expected

Country chief Alessandro Zema says favorable conditions should be attracting more foreign flows as investors await clearer fiscal signals; believes Selic will reach 11.5% in late 2026       10/03/2025 In the second week of September, Morgan Stanley held a conference in London with 63 Latin American companies—most of them Brazilian—to connect them with […]

Spending cuts, slowdown push retailers to lay off workers in Brazil

Large retail groups reduced headcount starting in Q2, citing high interest rates, restructuring       10/03/2025  Large retail groups reported layoffs in the second quarter—or “corporate restructurings,” according to discreet mentions in earnings releases—and the headcount reductions extended into the third quarter at market leaders. Cuts in operating expenses to dilute costs, weaker sales—which […]

Brazil pauses sanctions law, seeks U.S. deal

Government weighs diplomacy over retaliation after U.S. penalties on officials and exports       10/02/2025  The federal government will focus on resuming negotiations with the United States before moving forward with discussions around an “anti-sanctions law,” Valor has learned. The proposal aims to protect Brazilian authorities and institutions, such as banks, from international sanctions. Although the measure […]

Minerva pivots to deleveraging as Uruguay deal is halted

Company channels R$750 m to reduce debt, keeps outlook upbeat on Brazil/Argentina/Chile plants     10/02/2025 Minerva Foods is reworking its plans and intends to use the R$750 million that would have been allocated to purchase three Marfrig—now MBRF, following its merger with BRF—plants in Uruguay to pay down debt. The decision follows the deal’s […]

Vale seeks to regain iron ore lead after safety, governance overhaul

Under CEO Gustavo Pimenta, who completes one year in office, company has been meeting targets       10/02/2025 Vale expects to regain leadership this year in iron ore production, title lost to Anglo-Australian Rio Tinto after Brumadinho disaster — Photo: Leo Pinheiro/Valor Vale expects to regain its position this year as the world’s largest […]

NEWSLETTER SEPTEMBER 2025

MURRAY ADVOGADOS NEWSLETTER SEPTEMBER 2025     09/04/2025   CHINA DOUBLES DOWN ON BRAZIL WITH ENERGY FOCUS, DIVERSIFIED INVESTMENT After era of large-scale projects, Chinese capital shifts to innovation, energy transition Chinese investments in Brazil reached $4.18 billion in 2024, up 113% from $1.97 billion the previous year. The surge far outpaced the 13.8% increase […]

Pará urges climate finance at COP30 in the Amazon

Governor Helder Barbalho says rich nations must fund action as Belém prepares to host the summit in the Amazon       10/01/2025  With less than two months remaining until the United Nations Climate Summit (COP30), Governor Helder Barbalho of Pará said the event will be an opportunity to pressure—especially the largest economies—for a commitment to climate […]

Novo Nordisk, Eurofarma to jointly launch two drug brands for weight loss, diabetes

Companies expect products to hit the Brazilian market in October     10/01/2025  Novo Nordisk, Eurofarma to jointly launch two drug brands for weight loss, diabetes — Photo: Pexels Danish pharmaceutical company Novo Nordisk and Brazil’s Eurofarma announced on Wednesday (1) a partnership to launch two new brands of injectable biological semaglutide in Brazil for the treatment of obesity […]

Planned tax on real estate, agribusiness credit bills faces pushback

Bill rapporteur Carlos Zarattini says 7.5% rate could be cut to 5% or scrapped entirely       10/01/2025 Real estate credit bills (LCI) and agribusiness credit bills (LCA), popular fixed-income securities issued by banks in Brazil, may be removed from the list of financial instruments set to be taxed next year. Congressman Carlos Zarattini […]