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Entries by Gelcy Bueno

Be8 will start producing  a new biofuel to accelerate  decarbonization

With a competitive cost, Be8 BeVant reduces carbon monoxide emissions by up to 50%, becoming a solution for companies seeking to meet short-term sustainability goals 10/24/2024 Be8,  the  leading  biodiesel  company  in  the  country,  announces  the  start  of  production of Be8  BeVant for the next month. Be8 BeVant is an innovative bio-distilled methyl ester  biofuel, which fully replaces fossil diesel and can reduce  greenhouse  gas  emissions  by  up  to  50%. The  company  is  currently just  waiting for the license from the National Agency […]

Investment in hybrids, EVs surpasses R$63bn in Brazil

In an accelerated transition scenario, hybrid and electric vehicles are projected to dominate local market, comprising 54% of sales by 2030 10/24/2024 In five years, sales of hybrid and electric vehicles are expected to surpass those of combustion models. According to consultancy studies commissioned by the industry, this shift may occur even sooner. Currently, hybrid […]

Northeast expands renewable power transmission across Brazil

According to the grid operator, new lines will restore wind and solar generation levels seen before the August 2023 blackout 10/22/2024 Brazil’s national grid operator ONS has increased the capacity to transmit renewable power from Brazil’s Northeast to the rest of the country with the activation of three new transmission lines and a power substation. […]

EMS-Hypera merger could spark new wave of consolidation

Combination of the two companies could generate revenue of R$16bn and capture a market share of approximately 17% in the laboratory industry 10/22/2024 Negotiations for a merger between EMS and Hypera could mark the start of a second wave of consolidation among Brazilian drugmakers. There is an expectation that other groups may accelerate mergers and […]

Debenture buybacks reach record in Brazil amid declining risk premiums

Early redemption of debentures totaled R$76.4bn from January to September, nearly ten times the amount from the same period last year 10/22/2024 Amid a rush by investors and issuers into the corporate debt market, and consequently, a sharp reduction in risk premiums, companies have already repurchased R$76.4 billion in debentures from January to September, a […]

Economic activity signals slowdown, Ibre-FGV says

Lack of “deliveries” in fiscal area concerns, with pressure on exchange rates, interest rates 10/21/2024 The anticipated cooling of economic activity after a surprising first semester is beginning to show in indicators, along with decreasing fiscal momentum. What could be seen as a relief and good news for inflation, however, is overshadowed by the growing […]

Market hires more women but disparity persists

Ibre-FGV study shows formal job openings in 2024 increased by 45.2% for women and 10.1% among men 10/21/2024 In a scenario where women remain underrepresented in the job market, the rate of formal job creation for them in 2024 has so far been much higher than for men. This movement has helped reduce inequality in […]

Global race for critical minerals and gold puts Brazil on the map

In Brazil alone, $64.5bn is expected to be invested by 2028, according to the Brazilian Mining Institute, not counting potential acquisitions 10/21/2024 Interest in tech-related and energy-transition metals like lithium and copper has driven a surge in the search for mineral deposits and projects worldwide, spurring mergers and acquisitions in the sector. In addition to […]

Caixa to reduce financing quota for real estate, increase down payment

Loans made with funds from the Brazilian Savings and Loan System (SBPE) will be limited to properties up to R$1.5m 10/16/2024 Responsible for 68% of the country’s real estate financing, state-run bank Caixa Econômica Federal has announced restrictions for new loan concessions. Financing made with funds from the Brazilian Savings and Loan System (SBPE) will […]

India seeks Petrobras partnership for offshore oil exploration

Potential collaboration stems from high-level talks between India’s Oil Minister Hardeep Singh Puri and Petrobras CEO Magda Chambriard, as India aims to boost energy self-sufficiency while balancing its transition to green energy 10/16/2024 India is trying to attract Petrobras to explore oil in the deep waters off its coast. This was the key topic during […]