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 […]
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 […]
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 […]
Interest, exchange rate expectations may have favored flow of reverse investment in Q3, which reached $10.6bn 11/14/2022 Reverse investment, the sum of the funds sent by subsidiaries abroad to their headquarters in Brazil, pointed to a positive flow between July and September this year, after five consecutive quarters with a negative balance. $10.6 billion were […]
Rabobank projects that production of soy in Brazil will reach 149 million tonnes in 2022/23, 21 million more than in 2021/22 11/11/2022 Rabobank projects a record-breaking production of soy in Brazil of 149 million tonnes in 2022/23 — Foto: Divulgação The recovery of global soybean stocks will depend on a full crop in South America […]
Plan for next 10 years is to develop new products at innovation center in Brazil, said Gonzalo Uribe 11/11/2022 Gonzalo Uribe — Foto: Ana Paula Paiva/Valor After selling the Brazilian operation of Neve toilet paper and professional paper towel for $175 million to Suzano two weeks ago, Kimberly-Clark now plans to invest $80 million in […]
Region in the North and Northeast has potential for 7.5bn barrels 11/11/2022 Magda Chambriard — Foto: Leo Pinheiro/Valor Despite environmental sensitivities, Petrobras will release this month a business plan that reinforces its intention to open a new exploratory frontier in deep waters in the so-called Equatorial Margin. This is the region between the coast of […]
CEO says U.S. government’s infrastructure package is likely to generate demand for 5 million tonnes of steel, which will translate into actual demand as early as next year 11/10/2022 Gustavo Werneck — Foto: Julio Bittencourt/Valor Gerdau is optimistic about steel demand in North America and sees robust cycles ahead in the region, despite logistical and […]
Company invests R$30m in innovation and signs partnership with Unicamp to study production of ethanol and biomass 11/10/2022 Shell will research the energy viability of agave, a typical crop of semi-arid regions, as an energy source. If the potential foreseen by the specialists is confirmed, the cultivation of agave can transform the Brazilian hinterland into […]
Company will sell capsules made of paper and a biodegradable polymer that can be used in home composting 11/10/2022 Marcelo Melchior — Foto: Claudio Belli/Valor When asked about what scenario he draws for 2023, the CEO of Nestlé in Brazil, Marcelo Melchior, raises his eyebrows, opens a smile, and says “next year in Brazil is […]