Amidst the celebration of its 200th hotel in the Caribbean and Latin America region – one more in Cancún, one of the main destinations in Mexico -, the Hilton hotel chain, which has 7,000 units globally, managed to swim against the tide and make a leap in the pandemic, a moment when the tourism sector […]
Latam announces almost 450 extra flights to Argentina and Chile for the summer season
The airline Latam announced this Friday (18) that it is scheduling around 450 extra direct flights for trips from Brazil to Chile and Argentina. According to the company, the extra flights will be carried out from December 1, 2022 to January 31, 2023, a period that includes the end of year festivities and summer vacations. […]
Fitch reaffirms Vale’s BBB rating, with stable outlook
Fitch reaffirmed, on Thursday (17th) night, Vale’s long-term ratings in foreign currency and in local currency at BBB, maintaining a stable outlook. The senior unsecured debt rating of Vale Overseas Limited and Vale Canada Limite was preserved at BBB, while the company’s national scale rating was AAA (bra). According to the agency, the decision reflects […]
Job cuts will continue into next year, says Amazon CEO
Amazon CEO Andy Jassy said job cuts at the e-commerce giant would continue into early next year, in his first public comments since the company began widespread layoffs earlier this week. “Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments,” Jassy […]
Dollar retreats with chance of change in the PEC of the Explosion and departure of Mantega
The dollar fell sharply against the real on Friday, reversing the eve’s gains after attempts by the elected government to reassure markets about the risk of fiscal turmoil under the administration of Luiz Inácio Lula da Silva, with nods towards spending cuts , while the possibility of the Transition PEC being squashed in Congress provided […]
ECB may have to cool growth to contain inflation, says Lagarde
The European Central Bank (ECB) may need to raise interest rates so much that they will end up dampening growth as it fights high inflation, while any drain on the ECB’s bond portfolio must be “calculated and predictable”, said the president of the ECB. bank, Christine Lagarde, this Friday (18). The ECB raised interest rates […]
Beneficiaries with final NIS 2 receive Brazil Aid this Friday
This Friday (18), Caixa Econômica Federal will pay the November installment of the Brazil Aid to beneficiaries with a Social Registration Number (NIS) ending in 2. This is the fourth installment with a minimum amount of R$600, which will remain in force until December, as per the constitutional amendment enacted in July by the National […]
China stocks end lower on Covid-19 worries, Fed’s tough tone
China stocks closed lower on Friday (18), following the cautious climate in regional markets amid concerns about the aggressive tightening of monetary policy in the United States and domestic outbreaks of Covid-19. The CSI 300 index, which brings together the largest companies listed in Shanghai and Shenzhen, closed down 0.45%, while the Shanghai index fell […]
Japan inflation hits 40-year high on loose monetary policy
Japan’s core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central bank is brushing aside with an ultra-low interest rate policy. The core national consumer price index rose 3.6% from a year earlier, beating the 3.5% rise expected by economists and the 3.0% gain […]
28% of Brazilians order food delivery at least once a week, says survey
Research shows that the habit of ordering food grew in Brazil during the Covid-19 pandemic. According to data collected by consultancy Kantar, in 2020, the index of consumers who triggered delivery once a week or more was 15%. In 2021, it rose to 18%, jumping to 28% in 2022. Those who never used the service […]