NTN-B rate climbs to a 14-month peak amid fiscal deterioration and external pressures 06/10/2024 Fabricio Taschetto — Foto: Rogerio Vieira/Valor Real long-term interest rates have settled at around 6% for the past two months, reaching a 14-month high with no indication of decline. This uptick aligns with a global context of rising interest rates, notably […]
Engineering risks, fiscal constraints, and future sector auctions pose hurdles for public-private partnerships 06/06/2024 Rafael Benini — Foto: Ana Paula Paiva/Valor The package of metro and urban train concessions in São Paulo is generating interest in the market, but analysts consulted by Valor see significant challenges in moving these projects forward. The obstacles to attracting […]
Study identifies 24 risks related to fraud, corruption, and laundering that facilitate wildlife trafficking in Brazil 06/06/2024 A notable case involved an American collector who illegally acquired a leucistic boa constrictor—a rare genetic variant characterized by white skin and black eyes—from a zoo in Niterói — Foto: Divulgação Brazil lacks a cohesive strategy to combat […]
Goal is to grow in retail, serving medium and large clients 06/06/2024 Auren, a power utility created from the reorganization of assets of the Votorantim group and Canada-based fund CPP Investments, announced the acquisition of Esfera, which operates in electricity management. With the deal, the company expects to boost the sale of electricity in the […]
New complex in Rio Grande do Norte announced amid slowdown in projects, oversupply caused by subsidies, and generation cuts 06/05/2024 Adriana Waltrick — Foto: Ana Paula Paiva/Valor Amidst a standstill in the Brazilian wind energy sector due to a crisis that hampers new projects from getting off the ground, SPIC Brasil, a subsidiary of China’s […]
Financial tightening and impacts of Rio Grande do Sul’s floods pose significant uncertainties for the year’s outlook 06/05/2024 Domestic absorption, which includes household consumption, investments, and government spending, rose by 1.6% in the first quarter — Foto: Maria Isabel Oliveira/Agência O Globo Brazil’s GDP showcased robust growth in the first quarter of 2024, rebounding from […]
Rodrigo Cunha’s decision creates rifts among senators and draws criticism from Lower House Speaker Arthur Lira 06/05/2024 Senator Rodrigo Cunha — Foto: Waldemir Barreto/Agência Senado In a move that caught the government by surprise, Senator Rodrigo Cunha, the rapporteur of the bill establishing the Green Mobility and Innovation Program (Mover), removed the 20% tax on […]
After expanding product offerings, digital bank will also accelerate lending 04/06/2024 André Chaves — Foto: Rogério Vieira/Valor Mercado Pago has spent the past few years expanding its product offerings to complete its transition from a payments company to a digital bank. Now, the company believes it is time to “come out of hiding,” said André […]
Bank is among investors who bought 10% of Bill Ackman’s firm, which, ahead of an IPO, is welcoming outside partners for the first time 06/04/2024 Bill Ackman — Foto: Jeenah Moon/Bloomberg Brazilian investment bank BTG Pactual is part of a consortium that acquired a 10% stake in Bill Ackman’s Pershing Square management company, according to […]
Itaú analysis reveals that low unemployment impacts more than just labor-intensive sectors 06/04/2024 Julia Gottlieb — Foto: Divulgação Brazil’s robust jobs market has driven consumer prices measured by IPCA, affecting the entire basket of goods and services, not just the labor-intensive ones. This finding comes from a study by Itaú Unibanco, indicating that wages will […]