Glassware manufacturer holds less than 1% market share in the U.S. 03/11/2024 “Copo americano,” or “American glass cup” is one of the company’s hallmark products in Brazil — Foto: Divulgação A leader in the Brazilian glass household utensils market, the century-old company Nadir—formerly known as Nadir Figueiredo, which dropped its founder’s surname two years ago—is […]
Investments aim generation expansion and transmission auctions; most of the funds will be in the Northeast region 03/11/2024 Amount corresponds to investment in large generation plants, of which 34% are related to renewable sources, such as wind and solar — Foto: Pixabay After attracting $35 billion (R$ 175 billion) in already contracted investments for decarbonization […]
China accounted for 49% of shipments, Ibá industry association’s study reveals 03/11/2024 Paulo Hartung — Foto: Gladstone Campos/Divulgação The largest pulp exporter in the world, Brazil continues to post record highs in the planted forest sector. Last year, the country exported 18 million tonnes, considering all types of raw material, with almost half, or 49%, […]
Government signals of extra dividends and spending pressures challenge domestic sentiment 11/03/2024 Fernando Siqueira — Foto: Celso Doni/Valor The calm that has prevailed in domestic markets in recent months has given way to a deterioration in risk perceptions. The absence of extraordinary dividends from Petrobras, President Lula’s request for more credit from state-owned banks, and […]
By Alberto Murray Neto
Surging interest rates combined with a decline in agricultural commodity prices have prompted an increasing number of sector companies to seek renegotiations with creditors 03/08/2024 Douglas Bassi — Foto: Fernando Martinho/Valor Agribusiness, heavily leveraged, has emerged as a key player in the country’s debt restructuring processes, with numerous producers facing the dual challenges of high […]
Company announces ordinary dividends of R$14.2bn, posts net earnings of R$124.6bn for 2023 03/08/2024 Jean Paul Prates — Foto: Leo Pinheiro/Valor State-owned company Petrobras confirmed on Thursday night (7) what investors have been fearing and said it will not pay extraordinary dividends for the fourth quarter of 2023. The company announced the distribution of ordinary […]
Social Communication Minister Paulo Pimenta spoke about Genial/Quaest poll; 35% rated government positively and 34% negatively 03/07/2024 President Lula — Foto: Cristiano Mariz/Agência O Globo Social Communication Minister Paulo Pimenta acknowledged on Wednesday that President Lula’s drop in popularity in the Genial/Quaest poll released on Wednesday (6) is related to his comments on the war […]
For a while, it looked like carmakers were about to give up production in the country 03/07/2024 Stellantis’s unit in Goiana: carmaker announced an investment of R$30 billion in Brazil over the next five years — Foto: Divulgação For a while, it seemed as if carmakers were on the verge of abandoning production in Brazil. […]
Carmaker bets on hybrid models to make electrification accessible to the middle class 03/07/2024 Carlos Tavares — Foto: Wenderson Araujo/Valor Stellantis CEO Carlos Tavares concluded that offering only fully electric cars worldwide would make the industry lose most of its customers, who are in the middle class. Therefore, while sticking to decarbonization goals, he has […]