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 […]
This breakthrough discovery that could significantly advance more efficient and sustainable large-scale production of ethanol from agro-industrial waste 02/19/2025 Researchers from the National Center for Research in Energy and Materials (CNPEM), in collaboration with other institutions both in Brazil and abroad, revealed yesterday a breakthrough discovery that could significantly advance the large-scale production of ethanol […]
The rise of anti-diversity initiatives in the U.S., amplified by Donald Trump’s election, is impacting local subsidiaries’ performance 02/19/2025 On Saturday (8), executive Daniela da Silva Sapin announced her voluntary resignation from Meta via LinkedIn. Ms. Sapin had served as head of public policy for WhatsApp in Brazil for a year and shared in her […]
Building convergent agenda with Washington’s interests and avoiding war of words in media would be best bet, they say 02/18/2025 Brazil is likely to face greater challenges in renegotiating the impact of tariffs imposed by U.S. President Donald Trump during his second term compared to his first. While it would be helpful to avoid a […]
Widespread revision reflects worsening economic outlook with potentially higher inflation and interest rates slowing down borrowing in 2025 and 2026 02/18/2025 Brazilian banks have revised lending growth forecasts for this year to 9% from 8.5%, according to the Banking Economy and Expectations Survey by business federation Febraban. Among the major lenders that have already released […]
Retailers report sluggish sales as suppliers inquire about price increases of up to 7% 02/18/2025 Consumer spending showed signs of instability at the start of 2025, a stark contrast to the steady growth seen in the same period last year. Weekly monitoring by NielsenIQ (NIQ), obtained by Valor, indicates that February began with a slowdown […]