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 […]
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. […]
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 […]
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 […]
Fertilizer producer becomes first in Brazil to invest in self-production aiming to supply 30% of its energy needs 11/17/2022 Brazilian power company Casa dos Ventos and Mosaic Fertilizantes have signed a commercial agreement to supply 30 average megawatts (aMW) of wind power for 14 years from the Umari wind complex in Rio Grande do Norte […]
Matchfunding was launched at COP26 last year and is expected to raise R$686m 11/17/2022 Bruno Aranha — Foto: Leo Pinheiro/Valor Brazilian development bank BNDES and Petrobras announce on Thursday, at COP27, in Egypt, the first call for proposals of the Floresta Viva (Forest Alive) program, a collective financing program for the restoration of Brazilian forests […]
With new partner, and after acquisition of terminal at the port of Santos, company seeks to unlock expansion in Itaqui 11/16/2022 Helcio Tokeshi — Foto: Ana Paula Paiva/Valor CLI, the logistics and infrastructure company controlled by IG4 Capital and Australia’s Macquarie Asset Management, is preparing to play in the big leagues in 2023 after buying […]
Companies does not expect drastic changes, but highlight challenges 11/15/2022 Marco Aurélio Barcelos — Foto: Roque de Sá/Agência Senado The toll road industry foresees that the wave of concessions will continue after 2023 with the newly elected governments — both federal and state. In the view of companies and specialists, the challenges will be different: […]
Persistence is needed to reach targets, according to Roberto Campos Neto 11/15/2022 Roberto Campos Neto — Foto: Tânia Rego/Agência Brasil Central Bank President Roberto Campos Neto said Tuesday that although much of the recent improvement in inflation is the result of government measures, “leading indicators show a qualitative improvement.” “It is early to celebrate. We […]
Announcement is part of White House’s strategy to reduce dependence on value chains dominated by China 11/15/2022 TechMet’s nickel mine in Piauí — Foto: Divulgação U.S. President Joe Biden unveiled Tuesday that the country will make a new investment of $30 million in the mining company TechMet for processing strategic minerals nickel and cobalt in […]