Indicator for September saw strongest rise since August 2020 09/27/2022 Driven by favorable expectations, the Consumer Confidence Index (ICC) rose by 5.4 points in September, compared to August, to 89 points, the highest since January 2020 (90.4 points), think tank Fundação Getulio Vargas (FGV) reported Monday. It was the strongest rise of the indicator since […]
First Brazilian device will monitor corn and soy in the state of Maranhão 09/27/2022 The maiden mission of the first Brazilian agricultural nanosatellite will be to monitor corn and soy crops in the northeastern state of Maranhão. A partnership of technical and financial cooperation between the Brazilian Agricultural Research Corporation (Embrapa) and Visiona Tecnologia Espacial […]
Mining company signed R$184mi lease contract for area to install solid bulk terminal 09/27/2022 Mining company Bemisa, part of the Opportunity group, signed on Monday a contract worth R$184 million to lease an area in the Suape port complex, in Pernambuco, where it intends to build a solid bulk cargo terminal with an estimated investment […]
Ibovespa drops 2.33% and interest rates rise amid global worsening 09/27/2022 The week leading up to the elections in Brazil began in a very tense manner in the financial market. The foreign exchange rate reached R$ 5.4 to the dollar, the highest in more than two months. The benchmark stock index Ibovespa ended Monday’s session […]
Experts agree with IPC Maps data that show post-pandemic habits 09/27/2022 Sales of cell phones and accessories are expected to grow at double-digit levels this year — Foto: Brenno Carvalho/Agência O Globo The consumer market is expected to spend R$175 billion this year on telephone services, packages (TV, Internet, and phone), and the purchase of […]
One of the world’s leading energy consultants, he says it is good to the country to be open to the world 09/26/2022 Daniel Yergin — Foto: Divulgação Brazil can benefit from a long-term energy outlook that can guarantee revenue even in times of crisis. Achieving this goal depends, however, on having predictable and reliable regulations […]
For UBS, local market may outperform other emerging markets in coming months 09/26/2022 The Brazilian stock market will not remain immune to the instability that the rise in interest rates in the United States causes in global markets, but it is expected to continue to show a better performance than its peers in the coming […]
Companies likely to bring forward promotions; networks focused on home appliances and food will be helped by events 09/26/2022 Retailers reported sluggish sales in the third quarter as segments like food, fashion and home construction failed to improve their results compared with the April-June period. As a result, the companies face mounting pressure to perform […]
There is a possibility to replace fossil fuels for renewable ones in Brazil, preventing the emission of methane, study shows 09/26/2022 Biomethane production in Brazil — Foto: Barbosa Neto Brazil could avoid spending $137 billion in diesel imports in a decade if all heavy-duty vehicles running on the fossil fuel used locally-produced biomethane instead. The […]
Monetary authority has said divergence does not mean signaling of monetary policy by committee as a whole 09/22/2022 Central Bank President Roberto Campos Neto — Foto: Billy Boss/Câmara dos Deputados Dissenting votes in the Central Bank’s Monetary Policy Committee (Copom), such as the ones seen in Wednesday’s meeting, are bound to become more frequent from […]