CSN, identified as a consolidator, could seek a partner, aiming to reduce debt 03/05/2025 The future of InterCement assets, part of the Mover group (formerly Camargo Corrêa), currently undergoing court-supervised reorganization since December, is poised to redefine the landscape of the cement sector, which is currently dominated by a few key players, Valor learned. The […]
U.S. cites Brazil as an example of trade imbalances 03/05/2025 The Donald Trump administration has once again raised concerns over high import tariffs in Brazil, even as it implements new tariffs of 25% on products from Mexico and Canada and 10% on Chinese goods, further disrupting the global economy. The Office of the U.S. Trade […]
In a challenging macro scenario in Brazil, chain evaluates cross-brand initiative 02/28/2025 The Carrefour Group is tasked with expanding this year by leveraging the assets that doubled its revenue following the acquisition of parts of Makro and Grupo Big between 2020 and 2022. One ongoing initiative involves integrating the operational model of Atacadão, a company-controlled […]
In first two months, firms raise $10.4 billion, poised to outpace 2024 levels 02/28/2025 In a rush to tap into the U.S. debt market, Brazilian companies raised $10.4 billion in the first two months of 2025, already half of the total amount raised throughout last year. This figure includes nine corporate offerings and one issuance […]
Lula government defends Justice Alexandre de Moraes amid controversy over social media restrictions while Ministry of Foreign Affairs says Brazil “firmly rejects any attempt to politicize judicial decisions” 02/27/2025 The U.S. State Department issued a statement on Wednesday (26) criticizing punitive actions against American companies “for refusing to censor people,” a reference to rulings by […]
Investors react to policy uncertainty and fiscal risks as exchange rate per U.S. dollar rises to R$5.80 and interest rates climb 02/27/2025 Domestic market stability, which had marked 2025 so far, was shaken by a wave of news from Brasília. Uncertainty over a cabinet reshuffle, strong labor market data, and indications that the government is […]
Brazilian currency started weakening against the dollar again, following wave of appreciation that took it to R$5.70 from R$6.18 in late 2024 02/25/2025 The dollar’s exchange rate to the real had seen a significant drop at the start of this year, averaging R$5.70 last week from R$6.18 at the end of 2024. Now it’s back […]
Company announced in May of last year that it would simplify its activities and focus on copper, iron ore, and fertilizers 02/19/2025 The sale of Anglo American’s nickel operations in Brazil to China’s MMG, in a deal valued at up to $500 million, marks the British conglomerate’s exit from this market in the country. This […]
Crisis in the steel market and disbursements for expansion put pressure on financial leverage 02/24/2025 Steel, the largest business of Companhia Siderúrgica Nacional (CSN), is no longer the main guarantor of businessman Benjamin Steinbruch’s group. Faced with adverse times for the sector globally and high investments in plant modernization, the group’s steel arm has been […]
Debt issuances account for 33% of Brazilian companies’ liabilities; share more than doubles in ten years 02/20/2025 Capital markets have reached a record share of total corporate debt in Brazil, driven by a surge in fixed-income issuances last year. This share rose to 33% in 2024, up from 31% in 2023, according to a study […]