Federation of banks survey shows growing adoption to enhance efficiency in more than half of institutions 04/19/2024 Sergio Biagini — Foto: Divulgação The Febraban 2024 Banking Technology Survey, conducted by consulting firm Deloitte at the request of the Brazilian Federation of Banks, shows that 96% of banks have artificial intelligence technologies, and 54% say they […]
State-run Agricultural Research Corporation EMBRAPA will launch algorithms that help create sustainable management projects 04/19/2024 Data collection in the field: with EMBRAPA’s help, the cost of a typical survey has dropped from R$140 to as low as R$4 per hectare — Foto: Felipe Sá/Divulgação An artificial intelligence tool is aiding in the identification of commercially […]
After integrating the DPA operation, the group will invest in higher value-added lines 04/19/2024 Emmanuel Besnier — Foto: Gilson de Souza/IDT Lactalis, the world’s largest dairy company, plans to consolidate its leadership in Brazil, targeting a market share of 15% by 2028—up from 11% last year. In the short term, the French company will focus […]
Increased fiscal uncertainty, significant company devaluations, instances of government interference, and rising U.S. interest rates are contributing to a challenging stock market environment in Brazil 04/19/2024 Thalles Franco — Foto: Silvia Costanti/Valor Brazilian stocks have experienced steeper declines than those of other major emerging markets this year, signaling that domestic challenges play a substantial role […]
The first step is to choose potential primary shareholders 04/18/2024 Natalia Resende — Foto: Silvia Costanti/Valor The São Paulo state government released on Wednesday (17) information on the model for the privatization of water utility Sabesp. However, some points are yet to be defined. The plan is that the offer will occur in two stages. […]
Operations are mainly driven by asset recycling and portfolio reduction 04/18/2024 Leonardo Cabral — Foto: Leo Pinheiro/Valor In the operations portfolio of the big banks, transactions linked to the electricity sector have represented a significant weight, especially in terms of financial volume. Financial institutions estimate that the sale and purchase of companies (M&A) will generate […]
Roberto Campos Neto argued that it is still unclear what, from the recent turmoil, will or will not become more perennial 04/18/2024 Roberto Campos Neto — Foto: Marcelo Camargo/Agência Brasil Brazil’s Central Bank President Roberto Campos Neto got rid of the forward guidance that indicated a 50-basis-point interest rate cut for the next meeting of […]
The matter was sent to the Lower House; Senate committee authorized charges on platforms to foster local film industry 04/17/2024 The Senate’s Committee on Economic Affairs approved on Tuesday (16) a bill that regulates streaming services in Brazil. The matter will now be analyzed by the Lower House. The text determines that streaming companies are […]
EVE-100 has a backlog of 2,800 orders totaling $8.6bn; company awaits ANAC certification 04/17/2024 Daniel Moczydlower — Foto: Divulgação/Embraer The first full-scale model of the EVE-100 electric aircraft, developed by Embraer’s Eve Air Mobility, is expected to be ready by the end of 2024. The pilot project will be used to carry out the first […]
Lower import taxes and proximity to Itaipu attract investors to Paraguay, executive says 04/17/2024 Marcio Aguiar — Foto: Leo Pinheiro/Valor Brazil is losing investment from European groups to its neighbor Paraguay in the expansion of data centers to support the advance of artificial intelligence (AI) using renewable sources. The alert was made by Marcio Aguiar, […]