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). […]
Brazil accounts for 10% of the world’s green jobs, mainly in hydropower and biofuels 11/07/2022 Ronaldo Ribeiro de Freitas Filho, 34, has always liked renewable power. A trained electrotechnician and engineer, he was 23 when he decided to “migrate” to the “green job” field. And, on his own initiative, he decided to search for qualification. […]
Opposite to the world’s movements, Telefônica in Brazil plans to expand its fiber network business 11/07/2022 Christian Gebara — Foto: Silvia Costanti / Valor The Spanish group Telefónica has been intensifying a series of sales of towers and participation in its fiber optic networks through the subsidiaries it owns in countries in Europe and Latin […]
If a politician is named for Treasury, even a pragmatic one, there may be an adjustment in assets, CIO at WHG says 11/07/2022 9:37PM Updated 16 hours ago Andrew Reider — Foto: Leonardo Rodrigues/Divulgação The nomination of a pro-market Finance Minister in the next Luiz Inácio Lula da Silva’s administration, such as Arminio Fraga, Pérsio Arida, […]