Kopi Kita considers buying 100,000 coffee bags from Brazil due to robusta shortage in Southeast Asia 05/31/2024 Kopi Kita, the largest coffee roaster in Indonesia, will purchase Brazilian conilon coffee for the first time, introducing the Brazilian variety to the Asian market. Indonesia, the fourth largest coffee producer, primarily grows robusta and exports to countries […]
Technical team of CADE discusses flight-sharing agreement with airlines 05/31/2024 Azul and Gol recently announced a flight-sharing agreement — Foto: Leo Pinheiro/Valor The technical team of the Administrative Council for Economic Defense (CADE) has been in contact with Azul and Gol, seeking information regarding the recently announced flight-sharing agreement, sources say. While the companies are […]
Lack of consensus at Monetary Policy Committee, fiscal concerns, change in Petrobras increase risk perception 05/31/2024 André Leite — Foto: Divulgação Investments linked to the Selic policy interest rate and CDI (the interbank deposit rate, used as an investment benchmark in Brazil) remain the main highlights in 2024. A month before the end of the […]
If the operation proves viable, the fund’s investments in the country could reach R$1.5bn 05/29/2024 Paulo Castellari — Foto: Gabriel Reis/Valor Appian Capital, a British investment fund focused on mining projects, is investing an additional R$350 million in Brazil to enable graphite exploration. Considered a critical mineral, graphite is essential for battery production, with 70% […]
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 […]
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 […]
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
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 […]
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 […]
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 […]