Entries by Gelcy Bueno
International scenario, political risk keep foreign capital away
International investors have withdrawn R$22 bn from B3 this year, despite seeing opportunities in Brazil 03/28/2024 Foreign investors posted net withdrawals of R$22.19 billion in the secondary segment this year at B3 — Foto: Divulgação External uncertainties that have been hitting the domestic stock market are now combined with local interferences, weighing on important shares […]
Antitrust watchdog greenlights Soma-Arezzo merger
Deal was approved in a summary procedure as it poses no harm to competition 03/28/2024 Operation is not expected to cause harm to the competitive environment, Cade said — Foto: Divulgação The General Superintendence of the antitrust watchdog Cade approved the Arezzo and Grupo Soma merger. The deal was approved in a summary procedure, an […]
Lula calls for increased cooperation with France; Macron attacks EU-Mercosur
French president follows opposite line of Brazilian businesspersons, who call for deal’s approval 03/28//2024 President Luiz Inacio Lula da Silva and Emmanuel Macron — Foto: Silvia Izquierdo/AP President Luiz Inácio Lula da Silva defended increased cooperation with France in the area of national defense, to ensure Brazilian sovereignty in the face of growing conflicts around […]
Testamentary Guardianship: A Safeguard for the Future
By Alexandre Tuzzolo Paulino
Illy seeks $1bn fund for regenerative coffee
Brazil can ensure a sustainable supply of raw materials for years to come, company says 03/25/2024 Andrea Illy — Foto: Gabriel Reis/Valor Brazil will be able to guarantee illycaffè’s supply of coffee from regenerative practices in the next decade, said Andrea Illy, CEO of the Italian multinational. For him, sustainable cultivation is the key to […]
Bauer invests in new factory to expand production in Braz
Facility is expected to increase production of pivots by 50% 03/25/2024 Rodrigo Parada and Luiz Alberto Roque — Foto: Divulgação Bauer do Brasil, an irrigation equipment company, will invest R$40 million in the construction of a new plant in São João da Boa Vista, São Paulo. The investment is intended to expand the company’s operations […]
Grocery chain DIA files for protection from creditors in Brazil
Spanish company will start a court-supervised reorganization amid R$1.1bn debt, seeks to prevent blocking of funds 03/22/2024 Sébastien Durchon — Foto: Claudio Belli/Valor The DIA supermarket chain, which filed for court-supervised reorganization on Thursday (21), wants to prevent Daycoval from blocking its funds. The Spanish company claims that the bank is refusing to release the […]
Government wants to limit use of incentivized debentures
Lula administration is considering restricting issuance of bonds by the oil and gas sector 03/22/2024 Percy Soares Neto — Foto: Divulgação The federal government is considering imposing new restrictions on the issuance of tax-exempt debentures and limiting their use to finance fixed concession payments. According to sources, one idea is to direct the instrument, which […]
Supreme Court overturns lifetime review theory for pension calculation
The decision prevents an impact of R$480 billion, according to the 2024 Budget Guidelines Act 03/22/2024 Cristiano Zanin — Foto: Gustavo Moreno/SCO/STF In a surprising turn of events, when assessing the validity of amendments to the Social Security Benefits Act (Law 8213/1991) introduced by Law 9876/1999, the Federal Supreme Court overturned the “lifetime review” theory. […]