Nestlé launched on Wednesday its first social impact food: a cereal bar with sale profits going entirely to NGO Gerando Falcões, which fights poverty in 1,700 poor neighborhoods in Brazil. Called Gerando Falcões bar, the product is a global novelty of the multinational, present in 83 countries, and will initially be sold only on the […]
With a resistant inflation that tends to burst again this year’s target, the Central Bank’s Monetary Policy Committee (Copom) this Wednesday raised the basic interest rate by 150 basis points, to 10.75% per year. The Selic has not been in double digits since July 2017, when it went to 9.25% from 10.25% per year. “The […]
The Brazilian industry resumed growth in December (2.9% compared to November), even more than expected (1.6%, according do Valor Data), which helps to sustain a more positive view of economists for the GDP of the fourth quarter of 2021. The result, however, does not change the balance that 2021 was a challenging year for the […]