Company aims to expand its program area to 600,000 hectares and engage customers in Brazil 04/15/2024 Rossano de Angelis — Foto: Divulgação Bunge is set to enhance its regenerative agriculture program in Brazil, introduced a year ago. With a $20 million investment, the Missouri-based conglomerate intends to more than double the current area under the […]
In theory, Brazil could be hit in two ways: if there is an increase in oil prices and a higher risk aversion in international markets 04/15/2024 Central Bank’s building in Brasília: Few believe that Brazil’s monetary authority will rush to revise its baseline scenario for interest rate cuts — Foto: Beto Nociti/BCB The uncertainties in […]
Operators reported operating loss of R$18bn between 2021 and September 2023 04/15/2024 Paulo Rebello — Foto: Silvia Zamboni/Valor Medical insurance plans are deteriorating, with a smaller network, higher co-payment charges, a drop in reimbursement, and record increases. The number of complaints to Brazil’s National Supplementary Health Agency (ANS) has more than doubled in the last […]
Mills seek certification to qualify as suppliers of raw materials for sustainable aviation fuels 04/12/2024 Ricardo Carvalho — Foto: Divulgação/Daniela Toviansky Brazil is expected to start exporting ethanol to the sustainable aviation fuel (SAF) industry this year. The volumes will still be small because, for now, there is only one SAF plant in the world […]
Company plans to invest more than R$350m in its first biomethane plant from sugarcane waste 04/12/2024 Atvos, owned by the Arab fund Mubadala, is set to invest over R$350 million in establishing its inaugural biomethane production unit from sugarcane waste. An investment memorandum has been signed for the construction of the facility in Nova Alvorada […]
Term deposits jumped again in 2023 as customers migrated from funds to lower-risk products 12/04/2024 Luiz Masagão — Foto: Divulgação The start of the fall in the Selic rate in August last year was not enough to increase investors’ appetite for risk. While investment funds withdrew R$127.9 billion in 2023, bank funding from CDBs rose […]
With a provisional presidential decree, federal government extends deadline for accessing discounts on use of power grid 04/11/2024 Alexandre Silveira — Foto: Valter Campanato/Agência Brasil President Lula signed a provisional presidential decree on Tuesday that drew criticism from the power industry. The decree extends the deadline for wind and solar power projects to access subsidies […]
Tom Vilsack suggested that this was taking place in retaliation against recent restrictions on foreign ownership of farmland in the country 04/11/2024 Tom Vilsack — Foto: Yuri Gripas/Bloomberg U.S. Agriculture Secretary Tom Vilsack suggested that China could be favoring Brazil’s soybeans and corn partly in retaliation against recent restrictions on foreign ownership of farmland in […]
Chemical industry estimates that illicit market in Brazil amounts to between $2.9bn and $3.7bn 04/11/2024 Agricultural pesticides originating from Paraguay and Argentina seized by the Federal Revenue of Foz do Iguaçu and by the police of Paraná and Santa Catarina — Foto: Divulgação/Receita Federal Just over a year ago, state and federal law enforcement agents […]
Italian group reports that 75% of revenues are generated by digitalization business; in Brazil, AI has reduced the number of employees 04/11/2024 Marco Tripi — Foto: Rogerio Vieira/Valor Almaviva, an Italian group that operates with digitalization and relationship management services between companies and their customers, acquired 51% of Magna Sistemas, a Brazilian software and technology […]