Creditor banks asked Apollo, BTG and J&F to improve their bids; Unipar and Ultra still interested 09/02/2022 J&F, the investment holding company of the Batista family, is studying a proposal to buy 100% of Braskem, sources say. This week, J&F executives with the syndicate of creditor banks of Novonor (ex-Odebrecht), whose shares are used as […]
Industry grew 2.2%, while service sector expanded 1.3% 09/02/2022 Result was above the median of Valor’s estimates — Foto: Edilson Dantas/Agência O Globo The June quarter was one of expansion for the Brazilian economy. GDP grew 1.2% compared to the first quarter, seasonally adjusted, data unveiled Thursday by the Brazilian statistics agency IBGE show. The […]
Ibovespa had best month of the year in August; fixed-rate and inflation-linked bonds appreciated 09/01/2022 Jerome Powell almost spoiled the fun, but the Brazilian risk assets resisted the hawkish tone used by U.S. Federal Reserve chair at the end of the Jackson Hole meeting. While question marks remain as to where monetary tightening will go […]