The General Superintendence of the antitrust agency Administrative Council for Economic Defense (Cade) recommended the approval, without restrictions, of the purchase of the insurance company SulAmérica by the health group Rede D’Or, according to an order published in the Official Gazette of the Union this Tuesday (8). ). Interested third parties or advisors to the […]
Joe
Joe Jameson, a technology journalist with over 2 years of experience, writes for top online news websites. Specializing in the field of technology, Joe provides insights into the latest advancements in the industry. Currently, he contributes to covering the world stock market.
Dollar closes down and goes to R$ 5.15; Ibovespa ends up 0.71%
O dollar closed this Tuesday (8) down 0.45% against the real at the same time, being traded at R$ 5.149 on sale, reversing the surge of the day before. The American currency lost steam with investors in the midterm elections in the United States and with the waning mood around the possibility of China relaxing […]
October IGP-DI drops 0.62% compared to a 1.22% drop in September, FGV shows
The General Price Index – Internal Availability (IGP-DI) fell by 0.62% in October, after a reduction of 1.22% in September, announced this Tuesday (8), informed the Brazilian Institute of Economics of Getulio Vargas Foundation (FGV Ibre). The data was within the range of financial market forecasts, which estimated a fall between 0.43% and 0.92%, with […]
Asian stocks close mostly higher, but Shanghai pulls back
The stock markets in Asia did not have a single movement, this Tuesday (8), but they rose in the vast majority. Among the main ones, the Tokyo Stock Exchange registered a gain of more than 1%, with corporate balance sheets supporting the picture and expectations for the result of the US midterm elections. In Shanghai, […]
Broad access to basic sanitation can generate BRL 1.4 trillion to Brazil, study shows
Bringing potable water supply and sewage collection and treatment to the entire Brazilian population goes beyond ensuring quality of life, health and environmental preservation. Basic sanitation can also bring economic benefits to the country. According to the study “Economic and Social Benefits of the Expansion of Brazilian Sanitation 2022”, carried out by the Trata Brasil […]
Generation Z spends less on entertainment; housing is the biggest expense
Generation Z, made up of young people born from 1997 onwards, spend proportionately a smaller share of their income on entertainment than older people – a phenomenon that may be linked to more time spent on free internet activities. It is, on the other hand, the one that loses a greater part of the total […]
Budget adjustment is an initial challenge for Lula’s team in managing the economy
🇧🇷 One of the first concerns highlighted by the transition team of the president-elect, Luiz Inácio Lula da Silva (PT), is to make resources available in next year’s Budget for campaign promises. For this, the PT team opened a dialogue with Congress and is seeking the approval of a license to use an amount estimated […]
European low-cost airline posts record half-year profit
Ryanair carried a record number of passengers over the summer and says its budget airfares will attract even more customers as Europe slips into recession. The low-cost carrier posted its biggest half-year profit on Monday, earning 1.37 billion euros ($1.36 billion) in the six months ending in September. This surpassed its previous record of 1.15 […]
Movida has net income of R$93.7 million in the 3rd quarter; drop of 63.9%
Movida reported net income of R$93.7 million in the third quarter, down 63.9% over the same period in 2021, the company said in a balance sheet sent to the Securities and Exchange Commission (CVM). According to the document, the result was negatively impacted by the continuous increase in the interest rate, which led to an […]
The Great Investment Debate: See if it’s time to invest in retailer stocks
A week after the election results, the market is still reacting with the dollar falling and the Brazilian stock market on the rise. But the influence of blockades on much of the country’s roads by groups of supporters of President Jair Bolsonaro who contest the election result has influenced the market, with threats of lack […]
