Surging interest rates combined with a decline in agricultural commodity prices have prompted an increasing number of sector companies to seek renegotiations with creditors 03/08/2024 Douglas Bassi — Foto: Fernando Martinho/Valor Agribusiness, heavily leveraged, has emerged as a key player in the country’s debt restructuring processes, with numerous producers facing the dual challenges of high […]
Company announces ordinary dividends of R$14.2bn, posts net earnings of R$124.6bn for 2023 03/08/2024 Jean Paul Prates — Foto: Leo Pinheiro/Valor State-owned company Petrobras confirmed on Thursday night (7) what investors have been fearing and said it will not pay extraordinary dividends for the fourth quarter of 2023. The company announced the distribution of ordinary […]
Social Communication Minister Paulo Pimenta spoke about Genial/Quaest poll; 35% rated government positively and 34% negatively 03/07/2024 President Lula — Foto: Cristiano Mariz/Agência O Globo Social Communication Minister Paulo Pimenta acknowledged on Wednesday that President Lula’s drop in popularity in the Genial/Quaest poll released on Wednesday (6) is related to his comments on the war […]
For a while, it looked like carmakers were about to give up production in the country 03/07/2024 Stellantis’s unit in Goiana: carmaker announced an investment of R$30 billion in Brazil over the next five years — Foto: Divulgação For a while, it seemed as if carmakers were on the verge of abandoning production in Brazil. […]
Carmaker bets on hybrid models to make electrification accessible to the middle class 03/07/2024 Carlos Tavares — Foto: Wenderson Araujo/Valor Stellantis CEO Carlos Tavares concluded that offering only fully electric cars worldwide would make the industry lose most of its customers, who are in the middle class. Therefore, while sticking to decarbonization goals, he has […]
MURRAY ADVOGADOS
By the end of the first two months, purchases had reached only 20% of what was expected, half of what was sold in previous years 03/06/2024 Marcelo Altieri — Foto: Divulgação Fertilizer sales in Brazil have never been so slow, according to companies in the sector, reflecting farmers fearful of crop failures and climatic problems. […]
Market and political issues explain R$11bn investments until 2030 03/06/2024 Evandro Maggio — Foto: Divulgação The circumstances that led Japanese automaker Toyota to announce an investment package of R$11 billion for Brazil until 2030, the largest in the company’s 66-year history in the country, include market and political issues. In an interview with Valor on […]
Sources say talks are in the initial stages; airline had also approached Latam years ago 06/03/2024 Azul’s proposal is expected to be launched during the formulation of Gol’s exit financing—a type of financing granted to companies facing reorganization — Foto: Leo Pinheiro/Valor Azul Airlines is considering making a bid to acquire the operations of its […]
In 2023, almost 16% of new benefits were obtained through the courts 03/05/2024 Alessandro Stefanutto — Foto: Wenderson Araujo/Valor The National Institute of Social Security’s (INSS) pension contribution’s benefits granted by court orders in 2023 reached a new record: of the 5.964 million new benefits granted last year, 15.85% came from court decisions. Litigation is […]