Large retail groups reduced headcount starting in Q2, citing high interest rates, restructuring 10/03/2025 Large retail groups reported layoffs in the second quarter—or “corporate restructurings,” according to discreet mentions in earnings releases—and the headcount reductions extended into the third quarter at market leaders. Cuts in operating expenses to dilute costs, weaker sales—which […]
Government weighs diplomacy over retaliation after U.S. penalties on officials and exports 10/02/2025 The federal government will focus on resuming negotiations with the United States before moving forward with discussions around an “anti-sanctions law,” Valor has learned. The proposal aims to protect Brazilian authorities and institutions, such as banks, from international sanctions. Although the measure […]
Company channels R$750 m to reduce debt, keeps outlook upbeat on Brazil/Argentina/Chile plants 10/02/2025 Minerva Foods is reworking its plans and intends to use the R$750 million that would have been allocated to purchase three Marfrig—now MBRF, following its merger with BRF—plants in Uruguay to pay down debt. The decision follows the deal’s […]