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Entries by Gelcy Bueno

WhatsApp starts shop search, purchase on a single chat in Brazil

Service will be expanded this Friday to all over the country, the first one to receive the feature in the world 11/18/2022 Mark Zuckerberg — Foto: Nick Wass/AP WhatsApp, Meta’s messaging app, has started to offer a search tool for nearby businesses on the platform in Brazil. Soon, the company will also launch in-app purchases. […]

Market has another tense day with fiscal uncertainties

President-elect Luiz Inácio Lula da Silva once again criticized spending cap, the rule that limits growth in public spending 11/18/2022 Luiz Inácio Lula da Silva — Foto: Peter Dejong/AP On his second day of public appearances at COP27, the UN climate conference, President-elect Luiz Inácio Lula da Silva once again criticized the spending cap, the […]

Analysis: Costs, interest still weigh on balance sheets

Retailers suffered both from inflation and interest on debts 11/17/2022 Companies in this sample reported a combined sales revenue of R$1.6 trillion in the January-September period and boast a market capitalization of nearly R$2 trillion — Foto: Divulgação/B3 On the last day of the third-quarter earnings season, it is already possible to glimpse the state […]

Mosaic buys wind power from Casa dos Ventos

Fertilizer producer becomes first in Brazil to invest in self-production aiming to supply 30% of its energy needs 11/17/2022 Brazilian power company Casa dos Ventos and Mosaic Fertilizantes have signed a commercial agreement to supply 30 average megawatts (aMW) of wind power for 14 years from the Umari wind complex in Rio Grande do Norte […]

BNDES, Petrobras earmark R$44m for mangroves

Matchfunding was launched at COP26 last year and is expected to raise R$686m 11/17/2022 Bruno Aranha — Foto: Leo Pinheiro/Valor Brazilian development bank BNDES and Petrobras announce on Thursday, at COP27, in Egypt, the first call for proposals of the Floresta Viva (Forest Alive) program, a collective financing program for the restoration of Brazilian forests […]

CLI is still hitting the gas in port segment

With new partner, and after acquisition of terminal at the port of Santos, company seeks to unlock expansion in Itaqui 11/16/2022 Helcio Tokeshi — Foto: Ana Paula Paiva/Valor CLI, the logistics and infrastructure company controlled by IG4 Capital and Australia’s Macquarie Asset Management, is preparing to play in the big leagues in 2023 after buying […]

Road auction wave likely to continue in 2023

Companies does not expect drastic changes, but highlight challenges 11/15/2022 Marco Aurélio Barcelos — Foto: Roque de Sá/Agência Senado The toll road industry foresees that the wave of concessions will continue after 2023 with the newly elected governments — both federal and state. In the view of companies and specialists, the challenges will be different: […]

It’s too early to celebrate slower inflation, Central Bank president says

Persistence is needed to reach targets, according to Roberto Campos Neto 11/15/2022 Roberto Campos Neto — Foto: Tânia Rego/Agência Brasil Central Bank President Roberto Campos Neto said Tuesday that although much of the recent improvement in inflation is the result of government measures, “leading indicators show a qualitative improvement.” “It is early to celebrate. We […]

U.S. unveils investment in nickel, cobalt in Brazil

Announcement is part of White House’s strategy to reduce dependence on value chains dominated by China 11/15/2022 TechMet’s nickel mine in Piauí — Foto: Divulgação U.S. President Joe Biden unveiled Tuesday that the country will make a new investment of $30 million in the mining company TechMet for processing strategic minerals nickel and cobalt in […]

Free energy market draws large corporations

With 90 million consumers on the radar, trend includes banks, trading firms, oil companies, and even phone carriers 13/11/2022 9:06PM  Updated 10 hours ago The power industry is about to undergo transformations expected to change the way most Brazilians buy electricity. With the possibility of consumers freely choosing their supplier, national and international companies of varied […]