While talks of further Selic rate hikes remain in focus, the stock market has surged 10.2% since early July 09/06/2024 Aline Cardoso — Foto: Carol Carquejeiro/Valor As the U.S. monetary easing cycle approaches, market participants are increasingly anticipating this month’s interest rate decision, expecting it could fuel further gains for the benchmark stock index Ibovespa. […]
Sugarcane sector is the most affected; fire killed crops of settlers and farmers in Ribeirão Preto 09/06/2024 Fire on the Fazenda da Barra, owned by settlers, in Ribeirão Preto — Foto: Acervo Pessoal The fires in the state of São Paulo have caused losses of more than R$2 billion to agribusiness, according to the state […]
Plan is to update, renew transmission assets in different parts of Brazil 09/04/2024 Equipment manufacturer Siemens Energy signed four contracts with Eletrobras amounting to over R$300 million for updating transmission assets in several Brazilian states. The plan is to renew depreciated assets or those that have reached the end of their useful life. Siemens Energy’s […]