Digital bank, which acquired Easynvst in September 2020, now has 6 million clients 10/26/2022 Fernando Miranda — Foto: Silvia Zamboni/Valor A little over a year after Nubank’s acquisition of Easynvest was approved, the lender’s assets under custody exceed R$100 billion. Of this amount, R$40 billion are effectively in investments and R$56 billion in Nu Conta, […]
French oil company has acquired one third of Casa dos Ventos, one of the biggest deals in the industry this year 10/26/2022 Casa dos Ventos, whose pipeline includes up to 20 GW in wind and solar projects, was founded in 2007 — Foto: Divulgação French oil company TotalEnergies has acquired a 34% stake in the […]
He is currently the director of the International Monetary Fund’s Western Hemisphere Department 10/25/2022 Ilan Goldfajn — Foto: Silvia Zamboni/Valor Brazil has officially nominated the former Central Bank President Ilan Goldfajn as a candidate to run the Inter-American Development Bank (IDB) this Monday. Valor reported the negotiation for Mr. Goldfajn to be the nominee in […]
Company currently operates 74 weekly flights in Brazil and is undergoing restructuring 10/25/2022 Carlos Antunes — Foto: Divulgação/Claudio Gatti With an eye on the growth in demand for international travel, TAP Air Portugal, the second-largest international airline in Brazil in terms of seats offered, will be able to reach its pre-pandemic supply level on the […]
Assets in the country are estimated at $200 million, sources say 10/25/2022 Luis Bueno — Foto: Sergio Zacchi/Divulgação Suzano agreed to buy Kimberly-Clark’s tissue paper operation in Brazil. The two companies did not reveal the value of the transaction, but sources estimate that the U.S.-based company’s assets in the country are valued at around $200 […]
Before the pandemic, 170,000 tonnes of textile waste were disposed of inappropriately in landfills in Brazil 10/24/2022 The textile sector has been increasingly pressured by consumers and investors to reduce the use of natural resources, pollute less, and manage waste more efficiently. And in Brazil there are examples of manufacturers and retailers that are reacting […]
Constitutional amendment proposal includes creation of uniform rate, non-cumulative 10/24/2022 Debora Freire Cardoso — Foto: Divulgação A consumption tax overhaul can not only bring production gains for all major sectors, such as industry, agribusiness and services, but also bring simultaneously greater economic growth and more progressiveness, with reduced inequality. This is one of the conclusions […]
Brazilian company, the world’s leading maker of aircraft with up to 150 seats, has been gaining customers in other segments 10/24/2022 Embraer estimates that the global demand for new aircraft of up to 150 seats in the next 20 years will be 10,950 units — Foto: Divulgação Embraer, the leading maker of aircraft with up […]
Plan is to try and replicate in other countries model developed in Brazil 10/21/2022 IHS closed five acquisitions in two and a half years — Foto: Reprodução/IHS IHS, TIM Brasil’s partner in the neutral network company I-Systems, is looking for fiber optic providers and towers to buy in Brazil, other Latin American markets and in […]
Government opened public consultation on most effective ways to limit or remove commodities linked to deforestation from supply chains 10/21/2022 Soybean plantation in Pará: crop may be affected in case of restriction in the U.S. — Foto: Claudio Belli/Valor The United States government has taken a new step to define trade restrictions aimed at prohibiting commodities coming from deforested areas as of December […]