Company will sell capsules made of paper and a biodegradable polymer that can be used in home composting 11/10/2022 Marcelo Melchior — Foto: Claudio Belli/Valor When asked about what scenario he draws for 2023, the CEO of Nestlé in Brazil, Marcelo Melchior, raises his eyebrows, opens a smile, and says “next year in Brazil is […]
Brazilian assets are attractively priced, says Xavier, from SPX; spending evolution concerns Stuhlberger, from Verde Asset 11/09/2022 Roberto Sallouti — Foto: Carol Carquejeiro/Valor After the electoral race, capital and investment market heavyweights are in “recalculating route” mode, based on the signals given by President-elect Luiz Inácio Lula da Silva about the design his administration may […]
Marcos Montes will travel to Mexico and Dominican Republic to sign agreements that will benefit pork producers 11/09/2022 Marcos Montes — Foto: Divulgação Outgoing Agriculture Minister Marcos Montes wants to use the remaining two months in office to expand the number of markets open for Brazilian agribusiness products and get more funds for rural insurance. […]
Company plans to expand in Brazil and Chile and enter in Colombia 11/09/2022 The data center infrastructure company Ascenty will invest R$1.5 billion in the construction of five new data centers in Brazil, Chile, and Colombia, starting at the end of 2023. “We are reinvesting 100% of our return in expansion,” CEO Chris Torto told […]
Sanitation company has already hired Bradesco BBI and Morgan Stanley to find investors 11/08/2022 Deals will help Iguá leave behind turnaround process and consolidate itself as one of the largest players in the sector — Foto: Divulgação Sanitation company Iguá has hired Bradesco BBI and Morgan Stanley to find a new partner. According to three […]
Usual real income for September quarter reached R$2,737, a monthly increase of 1.4% 11/08//2022 Labor income has been recovering unevenly. In recent months, sectors like agriculture, construction, services, and commerce have seen a sharp increase, while public administration and the industry decelerated. Even though inflation is up again in October, economists say this recovery is […]
Brazilian payment platform focus on African market to expand digital payment business 11/08/2022 Paula Bellizia — Foto: Silvia Zamboni/Valor Some time ago, emerging and developed economies were expected to go through the same phases in terms of payments. Today, it is clear the path is different and innovations are coming from emerging markets, said Paula […]
To avoid dilution in capital increases, shareholders have raised funds in the market 11/08/2022 Controlling and primary shareholders of companies are being financed by banks through follow-on offerings to avoid great dilution of their stakes. “There is a perception on the part of these shareholders that shares are cheap on the stock market. They want […]
Investment of R$6bn is company’s biggest step in this segment 11/08/2022 Paulo Neves — Foto: Divulgação Raízen unveiled Monday a R$6 billion investment package to build five new second-generation ethanol plants over the next five years. This is the company’s biggest step in the advanced biofuels segment. The investments were made possible after an agreement […]
Almost one in five mobile phone connections in the country use second or third generation technology 11/07/2022 5G wireless technology is advancing faster in Brazil than its predecessor 4G, driven not only by promises of ultrafast mobile broadband but also by future innovations in industry (Internet of Things), transportation (self-driving cars), and medicine (robotic surgery). […]