LAST UPDATE: 20.09 Wall Street’s main indexes were lower on Friday, despite an initial uptick on the back of U.S. jobs data that came in line with forecasts and appeared to allay fears that an overly buoyant job market would lead to federal central bank of the USA (Federal Reserve) to an even more aggressive […]
Wall cautiously up on US employment data
Wall Street’s main indexes edged higher on Friday as U.S. jobs data came in line with forecasts and eased fears that an overly buoyant labor market would lead the U.S. Federal Reserve to Reserve) to raise interest rates even more aggressively than planned in order to tame galloping inflation. On the board, the industrialist Dow […]
IRB Brasil drops more than 20% after offering shares at R$1 per share
The shares of IRB Brasil collapsed in the first trades this Friday (2), after pricing a billionaire share offer the day before at R$ 1 per share, which represented a strong discount in relation to the closing price on Thursday (1). .ยบ). At 10:24 am, the reinsurer’s shares fell 22.86% to R$1.08, the lowest so […]
Employment, revenue and industrial income grow in July, survey shows
The indicators of employment, billing, salary mass and average income in the industrial sector grew in July compared to the previous month, according to a survey by the National Confederation of Industry (CNI). According to the survey, the general improvement in the indicators is a consequence of the recovery of the purchasing power of families […]
G7 finance chiefs advance on Russia’s oil price ceiling plan
Group of Seven (G7) finance ministers are expected to agree on plans on Friday to impose a price cap on Russian oil with the aim of reducing revenues from Moscow’s war in Ukraine but maintaining oil flows. to avoid price spikes, G7 officials said. Ministers from the group of rich industrial democracies are expected to […]
Dollar drops as market cautious awaits US jobs report
O dollar fell 0.38%, quoted at R$ 5,218, around 9:10 am this Friday (2), with cautious investors waiting for the Payroll report of employment in the United States which may indicate the pace of the cycle of interest rate hikes in the country. If the monthly data indicate a still buoyant labor market, the argument […]
Industrial production advances 0.6% in July, driven by the food sector, says IBGE
Industrial production increased 0.6% from June to July, after having registered a drop of 0.3% in the previous month, informed the IBGE (Brazilian Institute of Geography and Statistics) this Friday (2). The median of market expectations pointed to an increase of 0.5% in the period. In comparison with July 2021, there was a drop of […]
Global food prices fall for 5th month in August, says UN agency
The United Nations food agency’s world price index fell for a fifth straight month in August after hitting record highs earlier this year, as the resumption of grain exports from Ukrainian ports helped improve supply prospects. The Food and Agriculture Organization of the United Nations (FAO) said this Friday (2) that its price indexwhich tracks […]
Asian stocks close mostly lower, awaiting US jobs data
Stocks in Asia and the Pacific closed mostly lower on Friday, with investors showing caution ahead of the latest U.S. employment report, which will be crucial for the Federal Reserve’s upcoming interest rate decision. American). Japan’s Nikkei stock index was slightly down 0.04% in Tokyo today to 27,650.84 points, while the Hang Seng was down […]
Jorge Paulo Lemann is the richest Brazilian again, according to Forbes
The co-founder of the 3G Capital group Jorge Paulo Lemann is the richest man in Brazil, according to the Forbes list of billionaires released on Thursday, 1st. With a net worth of US$ 13.7 billion, he occupies the position number 133 in the world ranking. In second and third place in the country, respectively, Marcel […]