Cheaper iron ore and oil will start to reflect in second half results 29/09/2022 Brazilian companies dealing in commodities had been in an exceptional operating moment since the second half of 2020, with the recovery after the first wave of the pandemic. The rapid recovery of the world economy has caused iron ore, oil and […]
Brazil’s second-largest food retailer is seeking to recover share in the premium segment 09/29/2022 Marcelo Pimentel — Foto: Carol Carquejeiro/Valor In his first interview since taking over Brazil’s second-largest food retailer GPA (Grupo Pão de Açúcar), six months ago, CEO Marcelo Pimentel has a clear perception that there is a short window open for the […]
Managing Director Ricardo Carvalho said that companies must present better results to avoid rating pressure, downgrade 09/29/2022 Guararapes and C&A are among companies that need to improve their results to bring their leverage ratios in line with the current rating, Fitch said — Foto: Matt Lloyd/Bloomberg Retail companies are the most exposed ones to the effects […]
Company won the auction of two public-private partnerships to build sewage systems in Ceará 09/29/2022 Rogerio Tavares — Foto: Divulgação Aegea Saneamento will prioritize expanding in Brazil’s North and Northeast regions, said Rogério Tavares, the group’s chief institutional affairs officer. On Tuesday, the company won the auction of two public-private partnerships to build sewage systems in Ceará, taking […]
Financial players work with scenario without major changes in fiscal framework, regardless of election’s outcome 09/29/2022 Anyone looking at the price of financial assets, such as the stock market and currency exchange, in the week leading up to the first round of elections could assume that politics is causing fear and instability in the financial […]
Project will increase company’s production capacity of industrial engines by up to 25% in Jaraguá do Sul 09/28/2022 WEG’s factory in Brazil — Foto: Chan/Divulgação/WEG Brazilian motor maker WEG will invest R$660 million (around $120 million) over the next three years to expand its production capacity of industrial motors and electric traction in Brazil. The reason, according […]
Documentation for bid was sent Friday to the Federal Court of Accounts 09/28/2022 A container ship docked in Santos, Brazil’s largest port — Foto: Ana Paula Paiva/Valor The Ministry of Infrastructure expects to auction Santos Port Authority, the company that manages the Port of Santos, in the second half of December. The documentation for the […]
Experts criticize mechanism, which is spent with little technical criteria 09/28/2022 Congress has been increasing its power over public health budgets year after year. Today, for every R$10 spent by the federal government in this field, deputies and senators control R$1.10. Eight years ago, they decided on the destination of R$0.20. Of this total, about […]
Study shows that low female presence in labor force affects economy 09/28/2022 Janaína Feijó — Foto: Divulgação The low presence of women in the labor market, compared to men, means that the labor force in the country today is below its potential. A survey carried out by Fundação Getulio Vargas’s Brazilian Institute of Economics (Ibre-FGV) shows […]
Central Bank’s Focus survey indicates inflation median at 5,88% in 2023 and 5% in 2023 09/27/2022 Brazilian economy had significant growth in the second quarter, of 1.2% in comparison to the previous quarter — Foto: Edilson Dantas/Agência O Globo The median of the market’s projections for the Brazilian economy growth in 2022 went up again, […]