With the sale of non-strategic assets, Gerdau will define the allocation of new investments 19/01/2024 Gustavo Werneck — Foto: Carol Carquejeiro/Valor In a move to focus on strategic assets, particularly in Brazil, the U.S., Mexico and Canada, Gerdau announced on Wednesday (16) the sale of its stake in the Diaco and Gerdau Metaldom joint ventures […]
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 […]