Industrial production fell in six of the 15 locations surveyed in November compared to October, according to data from the Monthly Industrial Survey – Regional Physical Production, released this Friday (13) by the Brazilian Institute of Geography and Statistics (IBGE). In São Paulo, the largest industrial park in the country, there was a rise of […]
Camil Alimentos net profit increases 22.1% in the 3rd fiscal quarter of 2022
Camil Alimentos made a net profit of BRL 147.1 million in the third fiscal quarter of 2022, which ended in November last year, the company said this Thursday (12) after the market closed. The result represents an increase of 22.1% compared to the same period of the previous year, when the company had profited R$ […]
Minorities denounce Americanas to the CVM and ask for an investigation into PwC
Abradin, an association that brings together minorities of publicly traded companies, filed this Friday (13) a complaint with the Securities and Exchange Commission (CVM) to ask for the investigation of responsibilities regarding the disclosure by Americanas on Wednesday of accounting problems of the order of R$ 20 billion on the company’s balance sheet. The complaint […]
Euro zone industrial production rises 1% in November
Industrial production in the euro zone increased by 1% in November compared to October 2022, according to data with seasonal adjustments published this Friday (13) by the official statistics agency of the European Union, Eurostat. The result was well above the expectations of analysts consulted by the The Wall Street Journalwhich forecast a 0.5% increase […]
Privatization would increase the commercial potential of the Port of Santos, says professor
The privatization of the Port of Santos would bring benefits and correct historical shortcomings, in the view of FGV economics professor Joelson Sampaio. This week, the governor of São Paulo TarcÃsio de Freitas and president Luiz Inácio Lula da Silva had a meeting to discuss the subject. The flag is defended by TarcÃsio, but encounters […]
CVM opens 3rd process to investigate Americanas breach
The Securities and Exchange Commission (CVM) opened this Thursday (12) yet another administrative process – the third – to investigate the conduct related to the R$ 20 billion accounting error recognized by Americanas. The process has number 19957.000425/2023-42, but it cannot be viewed on the website of the Brazilian capital market regulator, which means that […]
Tesla cuts vehicle prices in the US and Europe; stocks fall
Tesla has slashed prices on its electric vehicles in the US and Europe by up to 20%, extending an aggressive discount strategy after missing Wall Street estimates for 2022 deliveries. The move, which sent Tesla shares slumping 4% premarket, came after CEO Elon Musk warned that the prospect of a recession and higher interest rates […]
Goldfajn says will focus on effectiveness of IDB loans
The new president of the Inter-American Development Bank (IDB), the Brazilian Ilan Goldfajn, said on Thursday (12) that the creditor is in an ideal position to combat polarization, while seeking to deliver more effective results for America Latin and the Caribbean. “In this time of global polarization and uncertainty, our future does not depend on […]
Goldfajn will focus on lending effectiveness and IDB polarization
The new president of the Inter-American Development Bank (IDB), Brazilian Ilan Goldfajn, said on Thursday that the lender is in an ideal position to combat polarization, while seeking to deliver more effective results for Latin America and the Caribbean. “In this time of global polarization and uncertainty, our future does not depend on being confrontational, […]
Trump’s company will learn this Friday how it will be punished for 15 years of tax fraud
Donald Trump will learn this Friday (13) how the company that bears the name of the former US president will be punished after being found guilty of conspiring to defraud tax authorities for 15 years. A New York state judge will impose the sentence after jurors in Manhattan found two Trump Organization affiliates guilty of […]