While talks of further Selic rate hikes remain in focus, the stock market has surged 10.2% since early July 09/06/2024 Aline Cardoso — Foto: Carol Carquejeiro/Valor As the U.S. monetary easing cycle approaches, market participants are increasingly anticipating this month’s interest rate decision, expecting it could fuel further gains for the benchmark stock index Ibovespa. […]
Sugarcane sector is the most affected; fire killed crops of settlers and farmers in Ribeirão Preto 09/06/2024 Fire on the Fazenda da Barra, owned by settlers, in Ribeirão Preto — Foto: Acervo Pessoal The fires in the state of São Paulo have caused losses of more than R$2 billion to agribusiness, according to the state […]
Plan is to update, renew transmission assets in different parts of Brazil 09/04/2024 Equipment manufacturer Siemens Energy signed four contracts with Eletrobras amounting to over R$300 million for updating transmission assets in several Brazilian states. The plan is to renew depreciated assets or those that have reached the end of their useful life. Siemens Energy’s […]
Government intends to restore 15,000 hectares in Bom Futuro National Forest in Rondônia state 09/04/2024 The government expects to complete Brazil’s first public concession for forest restoration by the end of this year. This is also the first project to restore degraded lands financed through carbon credits, which could be an important test for the […]
CEO Ernesto Pousada outlines plans for expanding international presence and exploring new market opportunities 09/02/2024 Ernesto Pousada — Foto: Leo Pinheiro/Valor Vibra CEO Ernesto Pousada said the company’s top priority is renewing the Petrobras brand across its network of fuel stations. According to him, internal research indicates that consumers identify strongly with the BR brand, […]
With expected interest rates cut in the U.S., Brazilian companies should resume bond issuance 09/02/2024 Investment banks are preparing their first meetings with foreign investors to launch Brazilian companies’ issuances in the international debt market. Around six deals are expected for September, according to sources interviewed by Valor, including issuances by Raízen and banks. Subsea […]
Satellite broadband company dominates Brazilian market and has already requested telecoms telegulator ANATEL to expand network in the country 09/02/2024 Starlink informed Brazil’s telecoms regulator ANATEL that it will not comply with the decision by Justice Alexandre de Moraes of the Federal Supreme Court to suspend access to Elon Musk’s social media platform X. The […]
MURRAY ADVOGADOS
Airline expected to continue buying from Brazilian plane maker just like Gol continues seeking Boeing planes despite being in financial restructuring 08/30/2024 Azul’s financial restructuring is unlikely to affect Embraer’s sales, said Antonio Carlos Garcia, the plane maker’s chief financial officer. David Neeleman’s Azul is the only airline currently operating Embraer’s commercial models in Brazil […]
Despite no constitutional spending mandates, states increase investments in public security amid rising concerns 08/30/2024 Ursula Dias Peres — Foto: Silvia Zamboni/Valor Despite the absence of budget allocations tied to specific revenue sources and the urgency highlighted by public opinion polls, public security has become an increasingly significant area of expenditure in Brazilian states. In […]