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Entries by Gelcy Bueno

Long real interest rate nears 6%, highest level since October

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 […]

Soybean planting expected to fall in Mato Grosso in 2024/25 season

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 […]

Corporate bonds grab larger share of Brazilians’ portfolio

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. […]

RGE focuses on Brazil, boosting investments through Bracell

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 […]

Minister asks for penalties as Enel “crossed a line”

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 […]

Central Bank announces first forex intervention in 15 months

In an environment of external pressure and maturing NTN-As, the agency will offer the equivalent of $1 billion in currency swaps 04/02/2024 Sérgio Goldenstein — Foto: Leo Pinheiro/Valor The sentiment that the scenario allowed for a significant appreciation of the domestic exchange rate lost strength. On a day when the dollar rose globally, the Brazilian […]

OneSubsea wants to have 25% of global revenue in Brazil

Supplier emerged in October after joint venture between SLB, Aker and Subsea 04/01/2024 Mads Hjelmeland — Foto: Leo Pinheiro/Valor Subsea technology and equipment supplier OneSubsea expects Brazil to rise to 25% of its global turnover from the current 20% in three years. The company, which does not reveal its annual revenue, was created in October […]

Consumer credit growth could boost GDP

Corporate sector yet to experience turnaround cycle, key for investment growth 04/01/2024 Credit concessions to families, more closely linked to consumption, have been growing at a more vigorous pace than those related to debt consolidation, a trend that has strengthened since the beginning of the year. Some economists believe this will be an important factor […]