Testamentary Guardianship: A Safeguard for the Future
By Alexandre Tuzzolo Paulino
Entries by Gelcy Bueno
Illy seeks $1bn fund for regenerative coffee
Brazil can ensure a sustainable supply of raw materials for years to come, company says 03/25/2024 Andrea Illy — Foto: Gabriel Reis/Valor Brazil will be able to guarantee illycaffè’s supply of coffee from regenerative practices in the next decade, said Andrea Illy, CEO of the Italian multinational. For him, sustainable cultivation is the key to […]
Bauer invests in new factory to expand production in Braz
Facility is expected to increase production of pivots by 50% 03/25/2024 Rodrigo Parada and Luiz Alberto Roque — Foto: Divulgação Bauer do Brasil, an irrigation equipment company, will invest R$40 million in the construction of a new plant in São João da Boa Vista, São Paulo. The investment is intended to expand the company’s operations […]
Grocery chain DIA files for protection from creditors in Brazil
Spanish company will start a court-supervised reorganization amid R$1.1bn debt, seeks to prevent blocking of funds 03/22/2024 Sébastien Durchon — Foto: Claudio Belli/Valor The DIA supermarket chain, which filed for court-supervised reorganization on Thursday (21), wants to prevent Daycoval from blocking its funds. The Spanish company claims that the bank is refusing to release the […]
Government wants to limit use of incentivized debentures
Lula administration is considering restricting issuance of bonds by the oil and gas sector 03/22/2024 Percy Soares Neto — Foto: Divulgação The federal government is considering imposing new restrictions on the issuance of tax-exempt debentures and limiting their use to finance fixed concession payments. According to sources, one idea is to direct the instrument, which […]
Supreme Court overturns lifetime review theory for pension calculation
The decision prevents an impact of R$480 billion, according to the 2024 Budget Guidelines Act 03/22/2024 Cristiano Zanin — Foto: Gustavo Moreno/SCO/STF In a surprising turn of events, when assessing the validity of amendments to the Social Security Benefits Act (Law 8213/1991) introduced by Law 9876/1999, the Federal Supreme Court overturned the “lifetime review” theory. […]
Biodiesel policy puts Petrobras, government again at odds
Oil giant disagrees with increasing biodiesel share in diesel blend as defended by the Lula administration 03/20/2024 Jean Paul Prates — Foto: Lula Marques/ Agência Brasil After the crisis generated by Petrobras’s decision to put the payment of extraordinary dividends on hold, a bill aimed at encouraging the production of more environmentally friendly fuels is […]
Kuwait’s PIC starts due diligence as Braskem seeks buyer
KPC’s subsidiary is analyzing assets of petrochemical company owned by Novonor and Petrobras 03/20/2024 Roberto Bischoff — Foto: Leo Pinheiro/Valor Two Arab groups interested in acquiring Braskem are conducting due diligence on the petrochemical company and a third one decided not to proceed with the deal, Valor has learned. Petrochemical Industries Company (PIC), a subsidiary […]
Government seeks to direct congressional earmarks for investment
The idea is to use half the money to comply with the fiscal framework requirements 03/20/2024 Vilma Pinto — Foto: Wenderson Araujo/Valor The government wants up to half of the amount designated for congressional earmarks in the budget to be used to comply with the mandatory investment floor created by the new fiscal framework. Valor […]
Agricultural technology is Brazil’s trump card at the G20
Country’s expertise can support leadership of global hunger alliance 03/19/2024 Knowledge of tropical agriculture is expected to be one of Brazil’s main contributions to the global alliance against hunger and poverty that the country coordinates within the G20 agenda. One bastion of expertise that Brazil intends to present is the Brazilian Agricultural Research Corporation (EMBRAPA), […]