Additional tax on sugary drinks reinstated as Congress debates changes 12/17/2024 The tax reform working group in Brazil’s Lower House has proposed rejecting tax breaks approved by the Senate for sectors such as veterinary services, pet health plans, basic sanitation, funeral homes, commercial representatives, biscuits, mineral water, and soccer corporations (SAFs). The group also opted […]
Maria Luiza Paiva had been with Vale since February 2021 after holding a similar position at Suzano; projects team led by Alexandre Pereira could be disbanded as well 12/11/2024 Under new leadership, Vale continues to overhaul its management structure. On Tuesday (10), the mining giant informed employees of further changes in its executive ranks, sources […]
Citing an adverse scenario, the Monetary Policy Committee unanimously raised the Selic policy rate to 12.25% 12/12/2024 The Monetary Policy Committee (COPOM) accelerated its tightening pace, raising the benchmark Selic rate from 11.25% to 12.25%. Citing a more adverse and less uncertain scenario, the committee also signaled two additional hikes of 100 basis points each […]