The long-awaited move was also made by rival banks 02/06/2024 Cielo repeats move made by other major banks with their card acquirers — Foto: Divulgação Banco do Brasil and Bradesco, Cielo’s controlling shareholders, have decided to make a takeover bid to take the credit card company off the stock exchange. The move, which had been […]
The idea is to promote delivery of goods by trucks powered by liquefied natural gas 02/05/2024 Lino Cançado — Foto: Divulgação Eneva, Scania, and Virtu GNL have entered into a partnership to decarbonize road transportation in Brazil. The idea is to promote the delivery of goods by trucks powered by liquefied natural gas (LNG). The […]
This is the assessment of experts such as Renato Buranello, president of the Brazilian Institute of Agribusiness Law 02/05/2024 The changes made to the rules governing the issuance of Agribusiness Receivables Certificates (CRAs) and Agricultural Credit Bills (LCAs) could have a “negative impact” on the development of the capital market as a source of financing […]
Justice Dias Toffoli’s order allows renegotiation of Odebrecht’s fines, opens way for similar demands by other companies 02/02/2024 Dias Toffoli — Foto: Fellipe Sampaio/SCO/STF The suspension of the payments of fines within the leniency agreement that contractor Odebrecht—renamed Novonor—signed with the Federal Prosecution Service (MPF) in 2016 as part of the anticorruption task force Car […]
Destruction of native forest in the biome harms traditional communities, who depend on these resources to survive 02/02/2024 Lucely Pio — Foto: Katarina Silva /WWF-Brasil Some of the medicinal plant species used by the Xakriabá indigenous people, from the north of Minas Gerais, no longer exist. They have disappeared as a result of the advance […]
The measure also covers agribusiness bonds and other real estate securities; the decision was made at a special meeting 02/02/2024 Finance Minister Fernando Haddad is a member of CMN — Foto: Marcelo Camargo/Agência Brasil The National Monetary Council (CMN) announced Thursday (1), after a special meeting, a series of limitations on the issuance of tax-exempt […]
Murray Advogados
Antitrust watchdog CADE says acquisition of assets is not simple, requires more time for analysis 02/01/2024 The approval—or not—of the acquisition of Marfrig’s beef assets by Minerva Foods should take longer than the companies had previously expected. The companies submitted the deal to the Administrative Council for Economic Defense (CADE) on September 27, 2023, when […]
Rio de Janeiro state accounts for 70% of Brazil’s gas production; only 24% of it reaches consumer market 02/01/2024 There is shortage of natural gas in Brazil to meet growing demand. That is the conclusion of the “Prospects for Gas in Rio,” a study by the Rio de Janeiro Federation of Industries (Firjan) to be […]
Central Bank Committee projects ongoing cuts of 50 basis points “in the upcoming meetings” 02/01/2024 Central Bank’s Copom suggested similar reductions “in the next few meetings” should economic conditions unfold as projected — Foto: Beto Nociti/BCB The Brazilian Central Bank’s Monetary Policy Committee (Copom) has once again lowered the Selic (Brazil’s benchmark interest rate) rate, […]