Mining company signed R$184mi lease contract for area to install solid bulk terminal 09/27/2022 Mining company Bemisa, part of the Opportunity group, signed on Monday a contract worth R$184 million to lease an area in the Suape port complex, in Pernambuco, where it intends to build a solid bulk cargo terminal with an estimated investment […]
Ibovespa drops 2.33% and interest rates rise amid global worsening 09/27/2022 The week leading up to the elections in Brazil began in a very tense manner in the financial market. The foreign exchange rate reached R$ 5.4 to the dollar, the highest in more than two months. The benchmark stock index Ibovespa ended Monday’s session […]
Experts agree with IPC Maps data that show post-pandemic habits 09/27/2022 Sales of cell phones and accessories are expected to grow at double-digit levels this year — Foto: Brenno Carvalho/Agência O Globo The consumer market is expected to spend R$175 billion this year on telephone services, packages (TV, Internet, and phone), and the purchase of […]
One of the world’s leading energy consultants, he says it is good to the country to be open to the world 09/26/2022 Daniel Yergin — Foto: Divulgação Brazil can benefit from a long-term energy outlook that can guarantee revenue even in times of crisis. Achieving this goal depends, however, on having predictable and reliable regulations […]
For UBS, local market may outperform other emerging markets in coming months 09/26/2022 The Brazilian stock market will not remain immune to the instability that the rise in interest rates in the United States causes in global markets, but it is expected to continue to show a better performance than its peers in the coming […]
Companies likely to bring forward promotions; networks focused on home appliances and food will be helped by events 09/26/2022 Retailers reported sluggish sales in the third quarter as segments like food, fashion and home construction failed to improve their results compared with the April-June period. As a result, the companies face mounting pressure to perform […]
There is a possibility to replace fossil fuels for renewable ones in Brazil, preventing the emission of methane, study shows 09/26/2022 Biomethane production in Brazil — Foto: Barbosa Neto Brazil could avoid spending $137 billion in diesel imports in a decade if all heavy-duty vehicles running on the fossil fuel used locally-produced biomethane instead. The […]
Monetary authority has said divergence does not mean signaling of monetary policy by committee as a whole 09/22/2022 Central Bank President Roberto Campos Neto — Foto: Billy Boss/Câmara dos Deputados Dissenting votes in the Central Bank’s Monetary Policy Committee (Copom), such as the ones seen in Wednesday’s meeting, are bound to become more frequent from […]
U.S. has been blocking appointment of arbitrators of Appellate Body 09/22/2022 Sarquis J. B. Sarquis — Foto: Divulgação/Gustavo Magalhães/MRE Brazil signaled this week that one of its priorities in the trade area is to make the World Trade Organization (WTO) Dispute Settlement Body operational again by 2024. The country has pending disputes involving exports worth […]
Country is entitled to access part of the company’s $15bn fund 09/22/2022 André Flores — Foto: Silvia Zamboni/Valor Brookfield is willing to invest in projects related to energy transition and low carbon economy. Within that plan, Brazil is one of the main countries in the world with chances to receive multimillion investments in the coming […]