Spanish owners allocate funds to clean balance sheet; group filed for reorganization 06/03/2024 DIA’s local operation has been in court-supervised reorganization since March — Foto: Claudio Belli/Valor The sale of the supermarket chain DIA’s operations in Brazil to Lyra II Fundo de Investimento em Participações (FIP) accelerated a month ago as the Spanish owners needed […]
Costs reflect increased processing and storage capacity, monetary authority says 06/03/2024 Leandro Vilain — Foto: Leonardo Rodrigues/Valor As the user base expands and new functionalities are incorporated, Pix— the Central Bank’s instant-payment system—represents increasing costs for the monetary authority, in terms of both maintenance and investment. While the instant payment system has significantly boosted financial […]
Tragedy highlights need for climate-conscious rebuilding efforts, according to company’s shareholder 06/03/2024 André Bier Gerdau Johannpeter — Foto: Silvia Zamboni/Valor Businessman André Bier Gerdau Johannpeter, continuously monitoring the recovery efforts in Rio Grande do Sul—recently devastated by the most significant flood in its history—is deeply involved in the post-disaster scenario in the birthplace of the […]
Kopi Kita considers buying 100,000 coffee bags from Brazil due to robusta shortage in Southeast Asia 05/31/2024 Kopi Kita, the largest coffee roaster in Indonesia, will purchase Brazilian conilon coffee for the first time, introducing the Brazilian variety to the Asian market. Indonesia, the fourth largest coffee producer, primarily grows robusta and exports to countries […]
Technical team of CADE discusses flight-sharing agreement with airlines 05/31/2024 Azul and Gol recently announced a flight-sharing agreement — Foto: Leo Pinheiro/Valor The technical team of the Administrative Council for Economic Defense (CADE) has been in contact with Azul and Gol, seeking information regarding the recently announced flight-sharing agreement, sources say. While the companies are […]
Lack of consensus at Monetary Policy Committee, fiscal concerns, change in Petrobras increase risk perception 05/31/2024 André Leite — Foto: Divulgação Investments linked to the Selic policy interest rate and CDI (the interbank deposit rate, used as an investment benchmark in Brazil) remain the main highlights in 2024. A month before the end of the […]
If the operation proves viable, the fund’s investments in the country could reach R$1.5bn 05/29/2024 Paulo Castellari — Foto: Gabriel Reis/Valor Appian Capital, a British investment fund focused on mining projects, is investing an additional R$350 million in Brazil to enable graphite exploration. Considered a critical mineral, graphite is essential for battery production, with 70% […]
Neobank reached market cap of R$297bn on Tuesday, surpassing Itaú’s R$288.5bn 05/29/2024 Nubank is now the second-largest company in Brazil regarding market cap, behind Petrobras — Foto: Divulgação Nubank has surpassed Itaú in market capitalization on the New York Stock Exchange (NYSE), claiming the title of the most valuable bank in Latin America. On the […]
For Magda Chambriard, “dialogue” is key to reconciling different perspectives 05/28/2024 Magda Chambriard — Foto: Leo Pinheiro/Valor Petrobras must be a profitable company that simultaneously serves the interests of both private and governmental shareholders, said the new CEO of the state-run company, Magda Chambriard, on Monday. In her first press conference after taking over the […]
Comissão de Assuntos Jurídicos – CCBC https://www.sympla.com.br/evento-online/webinar-imigracao-ao-canada-explorando-oportunidades/2482914?_gl=1*iyh714*_ga*MTgzMzYyMTQzMy4xNzExMzY1NzM1*_ga_KXH10SQTZF*MTcxNjU1NTU1NC42My4xLjE3MTY1NTc4MzcuMzMuMC4zNTU2MDg2MTc