About Gelcy Bueno

This author has not written his bio yet.
But we are proud to say that Gelcy Bueno contributed 6557 entries already.

Entries by Gelcy Bueno

Ultragaz goes beyond LPG with Neogás purchase

Ultra’s company has already entered distributed generation 11/22/2022 Tabajara Bertelli — Foto: Claudio Belli/Valor A few weeks after the acquisition of startup Stella and getting into distributed solar power generation, Ultragaz — the liquefied petroleum gas (LPG) distributor of Ultra group — made a new strategic move to consolidate itself as an energy company with […]

Fiscal uncertainty increases Brazilian assets’ risk premium

Difference between Brazilian and U.S. real interest rates increases again after elections 11/22/2022 Thiago Mendez — Foto: Leo Pinheiro/Valor One barometer of the size of the premium demanded by the market is the spread between Brazil’s long-term real interest rate and the U.S. benchmark real rate. Real interest is the indicator that usually represents the […]

Alternative proposals in Senate will force Lula’s team to negotiate

Senator Tasso Jereissati will file a proposal to amend the Constitution suggesting a way to ensure monthly payments for cash-transfer program 22/11/2022 Tasso Jereissati — Foto: André Coelho/Valor Senator Tasso Jereissati will file a proposal to amend the Constitution (PEC) suggesting an alternative way to ensure monthly payments of R$600 for the cash-transfer program Bolsa […]

Investors look abroad amid doubts about fiscal policy

Wealth and asset management firms see more interest in foreign assets after election 11/21/2022 Roberto Lee — Foto: Silvia Costanti / Valor The market jitters caused by doubts about what Brazil’s fiscal policy will look like as of 2023 left everything cheaper, from stocks to long-term fixed-income bonds to the local currency. But instead of […]

Infrastructure concessions to draw R$173bn by 2027

Abdib indicates an increase in investment in 2022, but the volume falls far short of what is needed 11/21/2022 The infrastructure sector could generate R$173.1 billion in new private-sector investments by 2027. Projects auctioned since 2019 account for R$96.2 billion of that. The remaining R$76.9 billion would come from auctions to be held in the […]

Alternative PEC reduces spending cap to R$70bn from R$198bn

Proposal sets date for future government to create a new sustainable fiscal regime 11/21/2022 Alessandro Vieira — Foto: Roque de Sá/Agência Senado The alternative proposal to the so-called Transition PEC, a proposal to amend the Constitution, filed on Saturday by Senator Alessandro Vieira (Brazilian Social Democracy Party, PSDB of Sergipe) and anticipated to Valor, reduces […]

Brazil resorts to Russian wheat as drought affects prices in Argentina

Record harvest of wheat and reduction in consumption reduce Brazilian imports 18/11/2022 A severe drought, followed by several frost episodes, is expected to cause Argentina’s wheat crop to finish 40% below initial estimates, with around 12 million tonnes. As Brazil is the largest consumer of Argentine grain, with purchases close to 6 million tonnes each […]

WhatsApp starts shop search, purchase on a single chat in Brazil

Service will be expanded this Friday to all over the country, the first one to receive the feature in the world 11/18/2022 Mark Zuckerberg — Foto: Nick Wass/AP WhatsApp, Meta’s messaging app, has started to offer a search tool for nearby businesses on the platform in Brazil. Soon, the company will also launch in-app purchases. […]

Market has another tense day with fiscal uncertainties

President-elect Luiz Inácio Lula da Silva once again criticized spending cap, the rule that limits growth in public spending 11/18/2022 Luiz Inácio Lula da Silva — Foto: Peter Dejong/AP On his second day of public appearances at COP27, the UN climate conference, President-elect Luiz Inácio Lula da Silva once again criticized the spending cap, the […]

Analysis: Costs, interest still weigh on balance sheets

Retailers suffered both from inflation and interest on debts 11/17/2022 Companies in this sample reported a combined sales revenue of R$1.6 trillion in the January-September period and boast a market capitalization of nearly R$2 trillion — Foto: Divulgação/B3 On the last day of the third-quarter earnings season, it is already possible to glimpse the state […]