After receiving R$73 billion in foreign funds this year to March 16, more than any full year since official records began in 1994, the secondary market of B3 may see the flow slowdown in the coming months as the global landscape for stocks undergoes adjustments, asset managers told Valor. To be sure, global investors continue […]
After years of preparation, the phone carriers that won the auction last November are beginning to put in place the fifth-generation mobile network in Brazil. Algar, América Móvil’s Claro and Telefónica’s Vivo have already started using one of the auctioned frequencies, 2.3 Ghz, to offer 5G connection in specific places. Telecom Italia’s TIM, on the […]
In the wake of the Russia-Ukraine war and the economic slowdown at the end of last year, the Bolsonaro administration has cut its estimate for GDP growth in 2022 to 1.5%, from the 2.1% previously projected. Despite the cut, the government’s expectation remains well above the 0.49% expected by the market, according to the latest […]