About Gelcy Bueno

This author has not written his bio yet.
But we are proud to say that Gelcy Bueno contributed 6847 entries already.

Entries by Gelcy Bueno

Inflation accelerates driven by education costs

February mid-month index saw lower increase in food; service prices concern economists 02/28/2024 Luis Otavio Leal — Foto: Celso Doni/Valor Brazil’s mid-month inflation index IPCA-15, known as a reliable predictor for official inflation, indicated a 0.78% increase in prices in February. Despite the rise compared to January, when the index went up 0.31%, February brought […]

Taxpayers lost R$109 bn in CARF disputes in 2023

The volume is more than triple that of the previous year, when the federal government won lawsuits totaling R$30bn 02/28/2024 Carlos Higino — Foto: Wenderson Araujo/Valor Taxpayers lost disputes totaling R$109 billion at the Administrative Council of Tax Appeals (CARF) in 2023, more than triple the volume recorded in the previous year of R$30 billion. […]

Imported steel pits consumer industries against steelmakers

Mills are calling for an increase in the import tax on the material to 25% and for China to be investigated for “dumping” 02/26/2024 José Velloso The tug-of-war between Brazil-based steelmakers and the steel-consuming sectors, which became personal between the end of 2023 and the beginning of this year, has returned to the sectoral arena, […]

Companies speed up debenture issues in heated market

Banks boost allocations, eyeing secondary markets, as demand nearly doubles supply 02/26/2024 Renato Otranto — Foto: Gabriel Reis/Valor In the wake of the rally in tax-exempt debentures caused by the National Monetary Council’s restrictions on the issuance of real estate and agribusiness credit certificates and bills (CRIs, CRAs, LCIs, LCAs, and LIGs), another race has […]

Regulation of AI may be postponed until after election

Senate rapporteur promises to send text in April, but analysis face challenges 02/26/2024 Senator Eduardo Gomes — Foto: Edilson Rodrigues/Agência Senado Pointed out by Senate President Rodrigo Pacheco as a priority for the first half of the year, the bill authored by him that regulates artificial intelligence is expected to advance soon in the Upper […]

Antitrust regulator likely to release Petrobras from selling refineries

Case may be brought before agency for deliberation at end of March 02/23/2024 The antitrust regulator CADE is likely to accept Petrobras’s request and release the state-owned company from the obligation to sell refineries and remaining assets in the natural gas distribution and transportation market, sources involved in the negotiations say. The sales are foreseen […]

Upper buys Adora Pet; increases earnings

Manufacturer with R$550 million in sales exports 80% of what it produces and bets on acquisitions 02/23/2024 Upper Dog has become a best-seller for dog chews on Amazon in the United States — Foto: Divulgação In the fiercely competitive pet market, a Brazilian company has made significant inroads among both local and American consumers. Upper […]

023 tax offsets reach record; lower federal revenue by R$242bn

Volume represents an increase of more than 130% compared to 2019, according to data from Brazil’s Revenue Service 02/23/2024 Breno Vasconcelos — Foto: Rogerio Vieira/Valor Tax offsets significantly increased in the first year of the Lula administration, reducing the federal government’s revenue last year by R$242 billion, equivalent to 2.2% of the Gross Domestic Product […]

Mubadala takes control of Burger King operator in Brazil

Arab fund buys 16.8% stake from Fitpart 22/02/2024 Zamp operates Burger King and Popeyes restaurants in Brazil — Foto: Divulgação Changes in the shareholding position of partners in Zamp, the operator of Burger King and Popeyes restaurants in Brazil, should bring forward a move involving the future of the company. On Tuesday evening (20), Zamp […]

Petrobras initiates trials for breakthrough decarbonization technology

A $1.5bn investment fuels launch of Hisep pilot project 22/02/2024 Carlos Travassos — Foto: Gabriel Reis/Valor Petrobras revealed on Tuesday that it has initiated trials for an innovative technology designed to separate oil from CO2-rich gas directly on the seabed. This technology, known as Hisep, is a creation of the Petrobras Research Center (Cenpes) and […]