Company to invest R$56.2m in Paulínia unit until the end of the year 10/14/2022 Xavier Andivia — Foto: Divulgação Boehringer Ingelheim’s Animal Health division in Brazil has been growing above the nationwide average, and in order not to lose traction the company will invest R$56.2 million by the end of the year in its plant […]
Stocks of the two giants have the largest share since 2014 10/14/2022 On Thursday, Vale ON represented 15.448% of Ibovespa’s theoretical portfolio, while Petrobras PN accounted for 6.966% — Foto: Divulgação In every four trades carried out in B3’s stock market in October, at least one involved Vale’s common shares or Petrobras’ preferred stock. It […]
Retailers and telcos will also be subject to sanctions if they have sold smartphones in the same conditions 10/14/2022 Apple filed a writ of mandamus asking the granting of injunction suspend the decision — Foto: Jeenah Moon/Bloomberg The 18th Civil Court of São Paulo determined on Thursday that Apple will pay a fine of R$100 […]
Measure also increases competition with inclusion of forests in Asia 13/10/2022 8:45PM Updated 20 hours ago Brazil has close to 10 million hectares of planted forests, of which almost 5 million are FSC certified — Foto: Divulgação After 11 years of negotiations, the Forest Stewardship Council (FSC) approved Thursday the possibility of including new forests in […]
Sector is independent of economic policy, profits from external scenario 10/14/2022 Braulio Borges — Foto: Ana Paula Paiva/Valor Brazil’s agribusiness sector grew 25 percentage points faster than the country as a whole in recent years and saw income increase threefold compared with states in the Southeast region in the second quarter. Most people involved with […]
The proposal increases to R$47 per share from R$40 10/13/2022 The negotiation to sell petrochemical Braskem got hectic again — still before the outcome of Brazil’s presidential elections, which were being pointed out as a milestone in Novonor’s (formerly Odebrecht) calendar. Valor found out that U.S.-based asset manager Apollo Global presented last week a new […]
U.S. company is said to be strongly interested in assets of Neve and Kleenex brands 10/13/2022 A new name has appeared in the negotiations for Kimberly-Clark assets in Latin America. U.S.-based Woodland Partners is being considered a frontrunner at this stage of the negotiation, sources say. Woodland has hired Bank of America as an advisor […]
Reduction in in-person offerings intensified in the pandemic, while distance learning grew 10/13/2022 Several private educational groups are requesting to close colleges and face-to-face programs all over the country. At the end of August, a decree by the Ministry of Education (MEC) authorized the closure of more than 500 undergraduate programs at once. In the […]
Inflation projections around 5% consider that fuel prices will not be raised 10/13/2022 Brazil’s official inflation index IPCA is seen by some economists closer to the top of the target range for 2022, of 5%, or slightly below this level. These analysts believe that the recent inflation slowdown cannot be explained by the federal government’s […]
With slow pace of auctions, governments and regulatory agencies seek ways to bring construction works forward 10/12/2022 The infrastructure industry is coming to the end of this administration without an effective solution for problematic concessions of the past. The main alternative for these contracts is to hold new auctions, a path chosen for at least […]