Public offering of shares could reach R$938.6m 08/02/2022 Mubadala wants to increase stake in Burger King chain in Brazil to 50.1% — Foto: Divulgação The Arab investment fund Mubadala Capital has made a proposal to buy the control of Burger King in Brazil, a company currently called Zamp, in a deal that could reach R$938.6 […]
Faster advance in releasing network expected to allow launch as early as Tuesday 08/02/2022 5G antenna in Rondonópolis, Mato Grosso — Foto: Divulgação The faster advance in the release of the fifth-generation mobile phone (5G) network in the city of São Paulo is expected to allow the launch of the most sophisticated version of the […]
Telecoms regulator Anatel says technology will require certain amount of time 08/01/2022 Moisés Moreira — Foto: Geraldo Magela/Agência Senado Less than 5% of cell phones in operation in Brazil are ready to receive the standalone 5G signal, which was launched Friday in Porto Alegre, João Pessoa and Belo Horizonte. The warning has been repeated by […]
Most agents expect 50-basis-point hike this week 08/01/2022 Central Bank’s headquarters in Brasília — Foto: Jorge William/Agência O Globo The current monetary tightening cycle, now entering its 18th month, may be nearing its end. After a 1,125-basis-points hike in the key interest rate Selic and Central Bank’s messages that the magnitude of the tightening matters, […]
R$460m investment comes on top of previous R$1bn injection 08/01/2022 Surya Mendonça — Foto: Silvia Zamboni/Valor Órigo Energia received an investment of R$460 million from the U.S. fund manager Augment Infrastructure with the objective of boosting distributed generation. The amount comes on top of another R$1 billion injection to reach an installed capacity of more […]
Acquisition, organic growth boost company, whose sales totaled R$3bn in 2021 and may now reach R$8bn 07/29/2022 André Dias — Foto: Silvia Zamboni/Valor Nutrien’s acquisition of the fertilizer distribution network Casa do Adubo will boost the Canadian company’s growth in Brazil. The deal was announced last week and still depends on the antitrust regulator CADE’s […]
U.S.-based company has included Brazil in list of operations to receive slice of $100m this year 07/29/2022 Eddie Ingle — Foto: Carol Carquejeiro/Valor Unifi, a U.S.-based polyester textured yarn maker, has included Brazil in the list of operations to receive a slice of $100 million this year. With a plant in Alfenas, Minas Gerais, the […]
Entire line of the Japanese brand will be available in 12, 18, 24 or 36-month plans 07/29/2022 Nissan Move includes a new and connected car including vehicular tax IPVA, insurance, maintenance and 24-hour assistance — Foto: Divulgação Nissan launched Thursday a subscription car service in Brazil. The entire line of the Japanese brand will be […]
Plastic consumption in the sector jumps 46% from 2019 to 2021, study shows 07/27/2022 The Covid-19 pandemic has caused the consumption of take-out food to skyrocket – and with it, that of plastics for packaging, in addition to straws, cups, plates, and cutlery. Plastic consumption in the delivery sector jumped 46% from 2019 to 2021. […]
After tax relief, mid-month inflation index IPCA-15 lost steam in July 27/07/2022 Recent tax cuts on key items helped to bring, as expected, relief to the July inflation preview, which also saw a cooling in industrial goods prices. Inflation of services and more inertial items, however, remains pressured and worries economists. The increase in Brazil’s […]