Tupy, a Brazilian multinational maker of engine blocks and cylinder heads, gains a new business profile with the acquisition of MWM, a traditional truck engine manufacturer, unveiled Monday. The Joinville-based company becomes a supplier of on-demand finished products to heavy vehicle assemblers. At the same time, it enters the market of engine parts and takes […]
The average prices of imported goods are rising fast and on a widespread fashion in early 2022. Average import prices rose 32.8% year over year from January to March, while the volume of foreign purchases fell 4.3%. The rise in import prices was relatively generalized, with a 53.1% rise in commodities and a 30.8% rise […]
The combination of high interest rates and income-eroding inflation means a very favorable environment for nonperforming loans, both from individuals and companies. The figures do not confirm a substantial advance for now, which can be explained by the efforts by banks to renegotiate with their clients and give them more time or even a grace […]