Out of about 70 selected portfolios, only 22% surpassed the investment benchmark over two and a half years; in 2022, this figure was 67% 07/24/2024 Luis Stuhlberger — Foto: Gabriel Reis/Valor In the “astral hell” that led to the poorest half-year performance on record for multimarket funds, the Anbima Hedge Fund Index (IHFA) edged up by […]
Following Dasa-Amil and Rede D’Or-Bradesco Seguros mergers, consolidation will now focus on units in cities with over 200,000 inhabitants 24/07/2024 Kora’s Meridional hospital in Espírito Santo — Foto: Divulgação In the wake of recent hospital mergers between Dasa and Amil and Rede D’Or with Bradesco Seguros, the healthcare sector is starting to map out future scenarios and steps. Although the current environment isn’t ideal […]
Weakening Brazilian real, commodities to boost results in the period, analysts say 07/23/2024 Iron ore was one of the commodities helped by the real’s depreciation over the dollar — Foto: Leo Pinheiro/Valor The weakening of the Brazilian real against the dollar and the increase in the price of some of the world’s main commodities likely […]
Investment rates are expected to stabilize at 15-16% of GDP, positioning Brazil near the end of IMF’s global rankings 07/23/2024 Ernesto Revilla — Foto: Divulgação After recent upticks in 2021 and 2022, Brazil’s investment rate is projected to stabilize at 15% to 16% of GDP from 2024 through 2029, positioning it among the bottom 20 […]
Formal employment drives up employment rate; informal jobs continue to expand, with 40% of the total 07/22/2024 Lucas Assis — Foto: Claudio Belli/Valor The Brazilian job market has shown a clear trajectory of expansion in the last two years, after the pandemic crisis hit the market, which had not yet recovered from the 2015-2016 recession. […]
Americanas’s reorganization plan enters final stageCreditors will be paid after approval of capital increase is ratified, expected this week 07/22/2024 Americanas: fraud is now estimated at R$25bn — Foto: Domingos Peixoto/Agência O Globo Americanas’s court-supervised reorganization plan reaches its final stage this week, a year and a half after negotiations between shareholders and creditors began. […]
Indicator expected to fall by 13.8% and reach R$953bn in 2024, the lowest figure since 2019; analysts see a normal adjustment 07/22/2024 Sérgio Vale — Foto: Claudio Belli/Valor Agricultural revenue is expected to total R$953 billion in 2024, 13.8% less than last year, already discounting inflation, reflecting a smaller harvest and weaker exports, with some […]
Federal government placed a preventive embargo on sales to certain countries following confirmation of case in Rio Grande do Sul 07/19/2024 Carlos Fávaro — Foto: Leo Pinheiro/Valor The Brazilian government has preventively suspended sales of chicken meat, eggs, and other poultry products to some importing countries following confirmation of an outbreak of Newcastle disease on […]
Sale of 17% of shares attracted R$187bn in orders; price closed at R$67 07/19/2024 Sabesp: the final step of the process is expected to take place on Monday, with the settlement of the offer — Foto: Divulgação/Sabesp The second stage of water utility Sabesp’s privatization, in which the São Paulo government offered 17% of the […]
A cost-cutting of R$11.2 billion was due to increased spending, and the spending freeze of R$3.8 billion was related to revenue frustration 07/19/2024 Fernando Haddad — Foto: Rovena Rosa/Agência Brasil Finance Minister Fernando Haddad announced on Thursday the freezing of R$15 billion from this year’s budget as a way of complying with the rules of the fiscal […]