The Administrative Council for Economic Defense (Cade) launched, this Monday (5), an administrative inquiry to investigate possible violations of the economic order by Petrobras. The determination was signed by the general superintendent, Alexandre Barreto de Souza. The agency wants to know whether the state-owned company has promoted discriminatory practices in the sale of oil to […]
Soy business increases in Argentina after preferential exchange, says stock exchange
Argentina’s daily soybean trade volume has reached its highest level in five and a half years, the Rosario grain exchange said on Tuesday (6), after the government introduced a preferential exchange rate, the “US dollar.” soybeans”, to boost exports. The Rosario stock exchange said in a report that Argentine soybean operations recorded on Monday (5), […]
Soybean should break production record in the 2022/23 crop, predicts consultancy
The 2022/23 soybean crop could break a production record, according to StoneX estimates. The company, which provides consultancy services in the commodities market, believes that the new cycle will reach 42.9 million hectares, resulting in a production of 153.6 million tons. According to the consultancy, the production area should grow in all regions of the […]
Slaughter of pigs hits record in the second quarter, shows IBGE survey
The slaughter of pigs in Brazil reached 14.07 million heads between April and June this year. The total, a record in the historical series started in 1997, represents an increase of 7.2% compared to the same period in 2021, and an increase of 3% compared to the first quarter of 2022. Also in the second […]
BNDES again postpones hearing on the privatization of the Port of Santos
The National Bank for Economic and Social Development (BNDES) again postponed the holding of a public hearing to discuss the privatization of the Port of Santos and receive suggestions for the process, according to a notice published in the Official Gazette (DOU) this Tuesday (6) . Now the new date will be September 19. Initially, […]
Rent in the cities of São Paulo and Rio registers high for the 12th consecutive month
The square meter in the city of São Paulo reached an average of R$ 40.58. It is the highest value since the survey of the startup Quinto Andar began in 2019. Only in the month of August, when the capital of São Paulo registered the 12th consecutive month of high prices, the growth was 0.9% […]
Tesla customers announce hunger strike in Norway to get Musk’s attention
Tesla electric vehicle owners announced a hunger strike in Oslo, Norway, last Saturday (27), to get the attention of the manufacturer’s director, Elon Musk. According to the group, a series of problems hinder the operation of cars and can endanger the lives of users. As the official website of the movement reports, the country has […]
Petrobras challenges MPF after request to suspend drilling in Foz do Amazonas
This Tuesday (6th), Petrobras contested the allegations made by the Federal Public Ministry (MPF) in relation to the request to suspend the scheduled offshore drilling for the basin of the mouth of the Amazon River, made on Monday (5th). The oil company said in a statement that it had heard indigenous and quilombola communities in […]
US unveils plan to invest $50 billion in semiconductor industry
The United States Department of Commerce released this Tuesday morning (6) its plan to invest the US$ 50 billion destined by the “CHIPS and Science Act” – a law enacted in August – to the semiconductor industry in the country. About US$ 28 billion of the amount will be used to establish in-house manufacturing of […]
Only a major geopolitical incident can stop Porsche IPO, says director
Porsche will only reverse its decision to carry out an IPO in the event of serious geopolitical problems that would make the importance of a listing diminish comparatively, the sports car brand’s chief financial officer said on Tuesday. “You never know what will happen with regards to geopolitical issues, but if a potential IPO (initial […]