Honda has partnered with trading company Hanwa to ensure stable supplies of metals used in electric vehicle batteries, the Japanese automaker said on Tuesday (6). Honda will be able to source essential metals such as nickel, cobalt and lithium through the partnership in the medium to long term, the company said in a statement. Purchasing […]
Inflation control is incipient and BC is still discussing residual interest rate adjustment, says Serra
The process of controlling inflation in Brazil is still very incipient and we have discussions about residual adjustment in the basic interest rate, said this Tuesday the director of Monetary Policy of the Central Bank, Bruno Serra. In a videoconference promoted by Bradesco Asset Management, Serra said that “we were so surprised” during the current […]
Residential rent rises 1.76% in August, after rising 1.05% in July, says FGV
Residential rents rose 1.76% in August, after rising 1.05% in July. The data are from the Residential Rent Variation Index (IVAR), released by the Brazilian Institute of Economics of the Getulio Vargas Foundation (Ibre/FGV). In 12 months, the index accumulated a high of 10.41%. The IVAR was created to measure the monthly evolution of residential […]
Dollar operates higher with risk aversion, Europe and holiday on the radar
O dollar rose 0.22%, quoted at R$ 5.165, around 9:15 am this Tuesday (6), favored by the continuity of risk aversion among investors, who are looking for safer assets amid concerns about the external scenario and before the September 7th holiday in Brazil. The market continues to monitor the developments of the natural gas supply […]
Leading employment indicator at FGV rises to highest level in 9 months in August
BRASÍLIA (Reuters) – The Antecedent Employment Indicator (IAEmp) by FGV IBRE rose again in August, after a slight drop in the previous month, and reached the highest level in nine months, data released on Tuesday showed. The IAEmp, which anticipates the direction of the labor market in Brazil, rose 1.2 points in August to 82.3 […]
Eletrobras receives execution in action of R$ 6.8 billion on compulsory
Eletrobras reported on Monday night (5th) that it received a summons for payment of BRL 6.8 billion in a lawsuit filed by Eagle Equity Funds LLC related to bearer obligations for compulsory loans. The electric company said that the action is “unfounded” and that it will adopt all appropriate measures for its defense. The compulsory […]
President of the Central Bank indicates a new increase in the Selic rate in September
The Central Bank is not thinking about dropping interest rates at the moment, it is thinking about converging inflation, said this Monday the president of the monetary authority, Roberto fields Grandchildemphasizing that the situation inspires care and that the battle against rising prices in the country is not won. fields Grandchild highlighted that a large […]