Factory in Paraná starts operating in 2026 making refrigerators; there are also plans for washing machines and dryers 04/26/2024 Daniel Song — Foto: Gabriel Reis/Valor LG Electronics is expanding white goods production in Brazil and launching a relationship program to better understand Brazilian consumers. In the first quarter of 2026, the Korean electronics and household […]
The company announced that its content policy will be updated in May 04/25/2024 Google is set to ban political ads in Brazil for the 2024 municipal elections following the Superior Electoral Court (TSE) update to the rules for boosting electoral advertising in February. In a statement, Google announced that it would revise its Google Ads […]
Deterioration in interest rate and exchange rate projections diminishes the importance of first-quarter figures, shifting focus to executives’ forecasts 04/25/2024 Jennie Li — Foto: Ana Paula Paiva/Valor The first-quarter earnings season for Brazilian companies, which picked up steam this week, is set to reveal a snapshot of a scenario that for many firms is already […]
Document spans over 300 pages; Lower House speaker expects to pass new regulations before legislative recess 04/25/2024 Fernando Haddad — Foto: Marcelo Camargo/Agência Brasil Finance Minister Fernando Haddad presented the first supplementary bill to regulate the consumption tax reform to Lower House Speaker Arthur Lira and Senate President Rodrigo Pacheco on Wednesday. The Ministry of […]
No formal mandate yet, but companies have re-engaged following the asset merger between 3R and Enauta 04/25/2024 Eneva’s Parnaíba thermal complex in Maranhão: company is in talks to merge with PetroReconcavo — Foto: Divulgação Eneva and PetroReconcavo have resumed discussions on a potential merger of their businesses, Valor has learned, after their ongoing negotiations with […]
Investment in the distressed company would be linked to equity dilution of Slezynger family 04/24/2024 Asset manager IG4 has made a bid to take over Unigel, Valor has learned. The negotiations hinge on the willingness of the Slezynger family to relinquish control of the chemical company and accept equity dilution, sources indicate. Talks began three […]
Research exposes program flaws, calls for labor cost cuts to combat informality 04/24/2024 Bruna Mirelle Alvarez — Foto: Gabriel Reis/Valor More than half of the so-called individual microentrepreneurs (MEIs) in Brazil work as salaried employees for other companies, research shows. The study indicates that the so-called “pejotização”—hiring of workers as firms rather than individuals—could be […]
Company owned by the Moreira Salles family plans to develop more applications for the metal 04/24/2024 CBMM, the world’s largest niobium producer, is expanding investments to develop new applications for the metal. After disbursing R$230 million for this purpose in 2023, the company controlled by the Moreira Salles family set aside another R$270 million in […]
Purchases from abroad gained importance last year with an increase in imports from China 04/24/2024 In recent months, Brazil’s steel imports, especially from China, have surged, highlighting a conflict between two significant sectors of the national industry — Foto: Divulgação/ArcelorMittal On Tuesday (23), Brazil’s Chamber of Foreign Trade (CAMEX) approved two measures targeting imports of […]
By Edmo Colnaghi Neves, PHD.