CEO Magda Chambriard appointed Fernando Melgarejo, a director at Banco do Brasil’s pension fund, as the oil company’s chief financial and investor relations officer 06/17/2024 Fernando Melgarejo — Foto: Divulgação Petrobras CEO Magda Chambriard announced her first changes to the company’s executive team on Friday (14), nominating three new executives. Analysts interviewed by Valor expressed […]
Scenario forces government to review revenue and spending, posing risk of shutdown 06/17/2024 Manoel Pires — Foto: Wenderson Araujo/Valor The change in the federal government’s primary result target for 2025 slowed the fiscal adjustment process and compromised the debt trajectory. The increase in mandatory expenses and the decreasing room for discretionary expenses, which fell by […]
Only 9 of the 132 analysts surveyed by Valor anticipate a rate decrease in upcoming Central Bank decision 06/17/2024 Laiz Carvalho — Foto: Nilani Goettems/Valor The outlook for Brazil’s monetary policy indicates that the period of monetary easing may have concluded. The recent depreciation of the real and the uptick in inflation expectations, pushing the […]