After integrating the DPA operation, the group will invest in higher value-added lines 04/19/2024 Emmanuel Besnier — Foto: Gilson de Souza/IDT Lactalis, the world’s largest dairy company, plans to consolidate its leadership in Brazil, targeting a market share of 15% by 2028—up from 11% last year. In the short term, the French company will focus […]
Increased fiscal uncertainty, significant company devaluations, instances of government interference, and rising U.S. interest rates are contributing to a challenging stock market environment in Brazil 04/19/2024 Thalles Franco — Foto: Silvia Costanti/Valor Brazilian stocks have experienced steeper declines than those of other major emerging markets this year, signaling that domestic challenges play a substantial role […]
The first step is to choose potential primary shareholders 04/18/2024 Natalia Resende — Foto: Silvia Costanti/Valor The São Paulo state government released on Wednesday (17) information on the model for the privatization of water utility Sabesp. However, some points are yet to be defined. The plan is that the offer will occur in two stages. […]
Operations are mainly driven by asset recycling and portfolio reduction 04/18/2024 Leonardo Cabral — Foto: Leo Pinheiro/Valor In the operations portfolio of the big banks, transactions linked to the electricity sector have represented a significant weight, especially in terms of financial volume. Financial institutions estimate that the sale and purchase of companies (M&A) will generate […]
Roberto Campos Neto argued that it is still unclear what, from the recent turmoil, will or will not become more perennial 04/18/2024 Roberto Campos Neto — Foto: Marcelo Camargo/Agência Brasil Brazil’s Central Bank President Roberto Campos Neto got rid of the forward guidance that indicated a 50-basis-point interest rate cut for the next meeting of […]
The matter was sent to the Lower House; Senate committee authorized charges on platforms to foster local film industry 04/17/2024 The Senate’s Committee on Economic Affairs approved on Tuesday (16) a bill that regulates streaming services in Brazil. The matter will now be analyzed by the Lower House. The text determines that streaming companies are […]
EVE-100 has a backlog of 2,800 orders totaling $8.6bn; company awaits ANAC certification 04/17/2024 Daniel Moczydlower — Foto: Divulgação/Embraer The first full-scale model of the EVE-100 electric aircraft, developed by Embraer’s Eve Air Mobility, is expected to be ready by the end of 2024. The pilot project will be used to carry out the first […]
Lower import taxes and proximity to Itaipu attract investors to Paraguay, executive says 04/17/2024 Marcio Aguiar — Foto: Leo Pinheiro/Valor Brazil is losing investment from European groups to its neighbor Paraguay in the expansion of data centers to support the advance of artificial intelligence (AI) using renewable sources. The alert was made by Marcio Aguiar, […]
Exchange rate reached highest level in more than a year after federal government presented new fiscal targets 04/17/2024 Fernando Haddad — Foto: Diogo Zacarias/MF Finance Minister Fernando Haddad said on Tuesday in Washington that news from abroad explain “two-thirds” of what is happening domestically. The rise in the exchange rate in the last two days […]
Norwegian company says projects submitted to environmental agency total 190 GW 04/16/2024 Celebrating its 50th year in Brazil, Norwegian consultancy DNV views the country as a strategic market in the medium and long term. While its main focus remains on oil and gas, the company recognizes the potential of future offshore wind energy generation, still […]