In the first few months of the pandemic, Facebook only grew and became more central to our lives. With the lockdowns spreading, countless people have started shopping, socializing and working on Facebook and other online platforms. As CEO Mark Zuckerberg said in March 2020, usage was so high that the company was “just trying to […]
Twitter’s chief of information security steps down
Twitter’s chief information security officer announced her resignation Thursday, leaving one of the company’s most critical roles as scrutiny is mounting over Twitter’s future and the erratic decisions of its new owner, Elon. Musk. In a tweet, Lea Kissner, former CISO, said she was looking forward to finding out her next steps. “I have made […]
An old acquaintance of Brazilians, inflation continues to press; see how to invest
Inflation closed 2021 at 10.1%, the highest since 2015. This movement continued: between January and September 2022, the food and beverage group alone accumulated a high of 9.54%, the highest index since the beginning of the Real Plan , according to data from the Broad National Consumer Price Index (IPCA), calculated by the IBGE. Still, […]
Braskem invests around US$ 20 million in a renewable innovation center in the US
This Thursday (10th), Braskem announced an investment in the construction of a new renewable innovation center located in the city of Lexington, Massachusetts, in the United States. With 3,252 m², the space aims to innovate in the segment of renewable chemicals and sustainable materials. The investment projection is around US$ 20 million. The center aims […]
Fiscal responsibility and social spending are not mutually exclusive, says manager
For the partner and manager of Galapagos Capital, Fábio Guarda, the recent speeches of Luiz Inácio Lula da Silva, in which the president-elect criticizes the restrictions on the spending ceiling, reinforced the fear for the financial market that the new government will not commit itself with fiscal responsibility and are what explains the collapse of […]
Price pressures evident in more and more sectors, says ECB
The European Central Bank (ECB) says price pressures in the euro zone “are evident in more and more sectors”, in part in the face of the impact of higher energy costs, which weigh on the economy. Core inflation remains at high levels and the devaluation of the euro boosts inflationary pressures, says the ECB in […]
European stocks close higher, with swings and in the wake of Wall Street
European stocks closed higher this Thursday (10th) in a session marked by the release of balance sheets, speeches by authorities and with US CPI data favoring the results. The pan-European Stoxx 600 index was up 2.75%, to 431.89 points, at 13:57 (GMT). In London, the FTSE 100 rose 1.08%, to 7,375.34 points, while the CAC […]
Card payments move BRL 827 billion in the 3rd quarter, says Abecs
Purchases made with credit, debit and prepaid cards grew 20% in the third quarter, totaling R$ 827 billion in the period, according to data released this Thursday (10) by the Brazilian Association of Credit Card Companies and Services (Abecs). According to data from the entity, from the beginning of the year to September, Brazilians made […]
Vale and BNDES will invest BRL 108 million in socio-environmental actions in the North and Northeast
The mining company Vale and the National Bank for Economic and Social Development (BNDES) announced this Thursday (10) the signing of two protocols of intent for investments of R$ 108 million in socio-environmental initiatives in the North and Northeast of Brazil. The amount will be allocated to the Credit Guarantee Program for Bioeconomy in the […]
It’s better to overdo rate hikes than not do enough, says Fed’s Daly
San Francisco Federal Reserve Chair Mary Daly said on Thursday she felt it was time to slow down the U.S. central bank’s rate hikes, but that she would rather err on the side of raising the benchmark rate. a little too much to go wrong with not raising it high enough. The Fed must not, […]