Bank will also extend revolving credit line to the Chinese group’s dealerships 10/18/2022 André Novaes — Foto: Silvia Zamboni/Valor Santander’s Brazilian subsidiary made an agreement with automaker BYD, known for its electric vehicles, and will finance the Chinese group’s cars and dealerships. BYD’s goal is to sell 10,000 units in 2023 and 20,000 in 2024. […]
Company has been fighting legal dispute with partner J&F for control of pulp producer Eldorado 10/18/2022 Paper Excellence has been fighting a legal dispute with partner J&F Investimentos for the control of pulp producer Eldorado — Foto: Divulgação After having called the former president Michel Temer (Brazilian Democratic Movement (MDB) to advise it legally, Paper […]
Data show that there are 1.67 million consumer units of power generated by their own photovoltaic systems 10/18/2022 Silvio Inada — Foto: Silvia Zamboni/Valor In November 2021, when the water scarcity flag weighed on electricity bills and contributed to raising double-digit inflation, shop owner Silvio Inada was experiencing a different situation. Newly installed photovoltaic panels […]
The country may account for more than half of exports in the 2022/23 global season 10/17/2022 Sugar production in Europe; Brazil is expected to export 30 million tonnes of the product in 2022/23 season — Foto: Dario Pignatelli/Bloomberg Brazil is expected to continue to dominate the sugar market in this global season 2022/23, which tends […]
In private meetings with investors in Washington, policymakers emphasized commitment to goals 10/17/2022 With the monetary tightening cycle over and the Selic benchmark interest rate at 13.75%, the Central Bank tried to demonstrate a vigilant attitude with the conduct of monetary policy in private meetings between directors and investors in Washington, in the scope of […]
Company has become Brazil’s first carbon-neutral steelmaker 10/17/2022 Silvia Nascimento — Foto: Silvia Zamboni/Valor At a time when there is a global race for decarbonization in the steel industry, the largest emitter of carbon dioxide in the industrial sector, Aço Verde do Brasil (AVB), a small long steel mill in Açailândia, Maranhão, has already overcome […]
In addition to logistics costs, exporters are impacted by the high volatility of the foreign exchange rate, the growth of global trade barriers and the “Brazil cost” 10/17/2022 The rise in fuel prices and the disruption of global transport chains have put the price of international freight at the top of the problems faced by […]
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 […]