Brazilian retailers, industrial companies go to the Supreme Court to denounce tax inequality 19/01/2024 Data obtained by Valor show that from August to December 2023, after the start of the Remessa Conforme program—Portuguese for “compliant shipments,” which established new import rules for orders up to $50—tax revenues reached R$700.5 million, an increase of about 122% […]
Power company seeks to raise funds for expansion by placing shares in Brazil and abroad 19/01/2024 Energisa, the company that controls power distributors in 11 Brazilian states, is preparing a new stock offering, as reported Thursday by Valor’s business website Pipeline. The operation, announced the day after Inter Bank raised $161.9 million in the United […]
Earlier this year, Ibama suspended foliar application of fipronil in the country after reports increased 01/17/2024 Marcelo Ribeiro — Foto: Arquivo Pessoal The loss of nearly 400 hives in one fell swoop last January was the trigger for beekeeper Marcelo Francisco Ribeiro of Jacuí, in the south of Minas Gerais, to file the first complaint […]
The Chinese company, which generated revenues of $61.7 billion in 2023, launched its first model as a sedan 01/17/2024 Chinese company BYD’s assembly line in Hefei: the company had produced 6 million vehicles by last year — Foto: Costfoto/NurPhoto via Getty Images A visit to BYD’s headquarters in Shenzhen, China, often begins unconventionally. Just beyond […]
Shift to free market and incentives for specific segments, such as distributed generation, pose threats to payment capacity 01/17/2024 Luiz Eduardo Barata — Foto: Leo Pinheiro/Valor In Brazil, the total subsidies on electricity bills have doubled over the past five years. From 2018 to 2023, the annual cumulative amount surged from R$18.8 billion to R$37.4 […]
Smaller base, agriculture, investment, and public sector actions explain higher growth in these regions, study shows 01/17/2024 Angelo Ozelame — Foto: Divulgação The total wage bill of Brazilian households is expected to grow more in the North, Northeast, and Central-West regions than in the Southeast and South of the country in the coming years, according […]
KPMG Report: $111 billion awaits capital calls from global management companies, recovery likely postponed to 2025 01/16/2024 Daniel Malandrin — Foto: Rogerio Vieira/Valor In 2023, high-interest rates and macroeconomic uncertainties severely affected the venture capital sector, leading to a consecutive annual decline in Brazil’s startup investments. A survey commissioned by Valor and conducted by Sling […]
According to newspaper O Globo, an agreement between the two companies is being negotiated 01/16/2024 Leandro Pinto — Foto: Divulgação The possible acquisition of the Mantiqueira Group, one of the country’s largest egg producers, by JBS, as reported by daily newspaper O Globo, is a strategic move that aligns with JBS’s multi-protein strategy, according to […]
Total revenues, which include transfers, fell in the first 10 months of 2023 compared with the same period in 2022 01/16/2024 Renata dos Santos — Foto: Ricardo Ledo/Valor Even with the gain considered exceptional in 2021 and part of 2022, states’ revenue fell last year not only compared to the previous year but also to […]
Equal treatment for foreign companies in Brazil attracts interest from Asian businesspeople 01/15/2024 Thiago Vallandro Flores — Foto: Divulgação Over the past 15 years, Brazilian law firms, particularly those specializing in corporate and tax matters, have witnessed a growing interest from Chinese companies seeking to engage in business within the country. Legal experts in Brazil […]