Spanish owners allocate funds to clean balance sheet; group filed for reorganization 06/03/2024 DIA’s local operation has been in court-supervised reorganization since March — Foto: Claudio Belli/Valor The sale of the supermarket chain DIA’s operations in Brazil to Lyra II Fundo de Investimento em Participações (FIP) accelerated a month ago as the Spanish owners needed […]
Costs reflect increased processing and storage capacity, monetary authority says 06/03/2024 Leandro Vilain — Foto: Leonardo Rodrigues/Valor As the user base expands and new functionalities are incorporated, Pix— the Central Bank’s instant-payment system—represents increasing costs for the monetary authority, in terms of both maintenance and investment. While the instant payment system has significantly boosted financial […]
Tragedy highlights need for climate-conscious rebuilding efforts, according to company’s shareholder 06/03/2024 André Bier Gerdau Johannpeter — Foto: Silvia Zamboni/Valor Businessman André Bier Gerdau Johannpeter, continuously monitoring the recovery efforts in Rio Grande do Sul—recently devastated by the most significant flood in its history—is deeply involved in the post-disaster scenario in the birthplace of the […]