In diesel, the difference is 13%; fuel adjustments remain a challenge for Petrobras’s top management 04/08/2024 Bráulio Borges — Foto: Ana Paula Paiva/Valor Amid discussions about Petrobras’s leadership, adjusting fuel prices remains a challenge for the state-owned company’s top management. The recent increase in oil prices has intensified pressure for an adjustment in gasoline and […]
Junior oils negotiate merger to strengthen themselves in the Brazilian market 04/05/2024 Seacrest’s sale process comes at a time of significant activity in the market — Foto: Seacrest Petróleo/Divulgação Seacrest is looking for a buyer amid a strong wave of consolidation of independent oil companies in Brazil, Valor found. The company, which went public last […]
New technology promises better experience for viewers 04/05/2024 Juscelino Filho — Foto: Divulgação/Isac Nóbrega/MCom The minister of Communications, Juscelino Filho, advocated on Wednesday (3) for the offering of credit to encourage the development and implementation of TV 3.0 in Brazil. “We have meetings scheduled with development banks to study this possibility,” the minister said, at […]
Spending projection was raised by R$5.6bn but experts see a higher increase 04/04/2024 Felipe Salto — Foto: Ana Paula Paiva/Valor The federal government’s estimated spending of R$914.2 billion on social security benefits this year is still underestimated, even after a recent increase of R$5.6 billion, projections from experts in public accounts, consulting firms, brokerages, and […]
Uncertainties over fiscal issues and rate hikes in the U.S. lead the market to price more risk; the nominal curve has a similar movement 04/04/2024 Luciano Telo — Foto: Rogerio Vieira/Valor In an environment still harboring uncertainties regarding public accounts and worsening external conditions, in the face of a new hike in long-term interest rates […]
Falling profitability with lower prices and productivity should lead to a smaller planted area in the season 04/03/2024 Falling soybean prices and productivity are reducing the profitability of the crop in the 2023/24 season and should lead to a smaller planted area in the following cycle in Mato Grosso, the largest producing state. According to […]
The unit in the country serves more than 30 airlines around the world 04/03/2024 Facing a shortage of turbines in the market and long maintenance queues, the airline industry is grappling with a severe shortage of aircraft. This scenario has prompted GE Aerospace to invest in expanding its capacity in Brazil. GE Celma, located in […]
Digital currencies are also attracting investors, survey shows 04/03/2024 Marcelo Billi — Foto: Divulgação Most Brazilians are unfamiliar with investments and savings accounts are still the favorite alternative, but corporate bonds and digital currencies are gaining ground, according to a study by the Brazilian Association of Financial and Capital Market Entities (ANBIMA) and pollster Datafolha. […]
Present in Brazil for more than 20 years, the conglomerate also controls April and has already invested more than $6.5 billion in Brazil 04/02/2024 Praveen Singhavi — Foto: Gabriel Reis/Valor Brazil is at the center of the strategy of the Asian conglomerate Royal Golden Eagle (RGE), owner of Bracell, a Brazilian producer of dissolving and […]
In a meeting with the Electricity Regulatory Agency, Mines and Energy Minister Alexandre Silveira says he is considering measures to revoke the power utility’s concession 04/02/2024 Alexandre Silveira — Foto: Valter Campanato/Agência Brasil The series of problems with the electricity supply in the São Paulo area could jeopardize the continuity of Enel’s concession contract. On […]