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Entries by Gelcy Bueno

Companies increase investments by 47% but embrace caution

Retail and industry are investing R$19bn this year; uncertainties about new administration weigh on 2023 12/05/2022 Retail chain Americanas increased its investments by 30%, to R$1.8 billion this year until September — Foto: Brenno Carvalho/Agência O Globo Consumer goods companies, the sector that employs the most in Brazil and accounts for more than 60% of […]

Unemployment rate falls to 8.3% in October quarter

Rate is the lowest for a quarter ending in October since 2014, IBGE says 12/01/2022 Result was below the July quarter, of 9.1% — Foto: Marcelo Camargo/ABr The unemployment rate in Brazil was 8.3% in the October quarter. The result was below the previous quarter, which ended in July (9.1%), and also below the result […]

EU anti-deforestation law to impact JBS, Marfrig and Minerva

Brazilian meatpackers are unlikely to comply with the requirements of new legislation, an analysis by think tank Chain Reaction Research shows 12/01/2022 Brazilian meatpackers JBS, Marfrig and Minerva are unlikely to meet the requirements of the law that the European Union is expected to pass next week to block imports of commodities linked to deforestation […]

Klabin plans to invest up to $3.2bn as of 2024

Priority is expansion of fluff pulp, a market in which the company is already among the fourth largest in the world 12/01/2022 Cristiano Teixeira — Foto: Silvia Zamboni The largest producer and exporter of packaging paper in Brazil and leader in the paper packaging market, Klabin has chosen Santa Catarina State for its next cycle […]

Embrapa, Helix launch first Brazilian transgenic corn

Technology does not have defined date to start being commercialized in Brazil 11/30/2022 Brazilian Agricultural Research Corporation (Embrapa) and Helix, a company of the Agroceres group, presented last week the cultivars of the first transgenic corn event developed entirely in Brazil from a fully national public-private partnership started in 2013. The new BTMAX comes from […]

Embraer’s waiting list for new business jets reaches 2.5 years

As Embraer’s deliveries of business jets totaled 52 units by September, plane maker is under pressure on the fourth quarter to meet this year’s target of 100 units 11/30/2022 Those interested in buying a new Embraer business jet currently face a waiting line of 2.5 years, as the Brazilian company’s production slots are fully booked […]

Gerdau targets renewables to move forward with decarbonization

Company will invest R$1.5bn in renewable energy to become more competitive in steel sector 11/30/2022 The announcement that Gerdau has entered into a partnership with asset-management Newave Capital (NW Capital) to purchase a 33.33% stake in Newave Energia puts the steelmaker at a new level in decarbonizing production, in addition to diversifying its business and […]

Paraná gives up on fund from farmers’ contribution

Yet, government is looking for options to fund infrastructure investments 11/29/2022 Norberto Ortigara — Foto: Ari Dias/AEN The reaction of the productive sector in Paraná has buried the state government’s project that intended to tax agribusiness to create a fund for investment in infrastructure, an area that was left unattended after the federal government lowered […]