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Murray News

Major groups expected to compete in power transmission auction

There are six lots of almost 710 kilometers of transmission lines and substations, with investments of R$3.51bn 12/15/2022 The power transmission auction scheduled for Friday at exchange B3’s headquarters in São Paulo is expected to draw traditional groups, ample competition, and strong discount. The six lots offered in the event held by the Brazilian Electricity […]

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15 de December de 2022/by Gelcy Bueno
Murray News

Analysis: Central Bank is confident that high interest rates are working

Question mark is whether the fiscal policy will not get in the way 12/15/2022 The Central Bank remains confident that the high interest rates are being transmitted to economic activity and will have the desired effect to lower inflation. Obviously, the question is whether the fiscal policy will not get in the way. The Central […]

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15 de December de 2022/by Gelcy Bueno
Murray News

Petrobras, BB shares plunge after change in rule for state-owned companies

Government-linked stocks suffer from measure that paves the way for political interference 12/15/2022 Change enabled nomination of Aloizio Mercadante as CEO of the Brazilian Development Bank — Foto: Cristiano Mariz/Agência O Globo A fast change in the State-owned Company Law, passed by the Chamber of Deputies on Tuesday night, worsened the market’s risk perception about […]

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15 de December de 2022/by Gelcy Bueno
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