Anfavea, the entity that represents automakers, reported this Friday (6th) that 250,000 vehicles were no longer produced last year due to lack of electronic components. The shortage of semiconductors (chips) in the world has become the sector’s biggest production bottleneck in the last two years, causing constant production stoppages. Despite this, the management of Anfavea […]
CNN Soft Business wins C6 Financial Education Award
The program CNN Soft Business won the C6 Financial Education Award. the attraction of CNN Brazil presented by Fernando Nakagawa and Phelipe Siani, took the prize in the Audiovisual category, with the episode “Day Trade”. The winning episode aired in January 2022 and can be watched on CNN Soft YouTube channel in this link . […]
High interest rates, low returns and inflation fueled withdrawals in 2022, analysts say
The investment fund sector in 2022 did not have the same positive performance as the previous year, with a net outflow (difference between investments and withdrawals) of R$162.9 billion, compared to the record net inflow recorded in 2021, of R$369 billion , according to data from the Brazilian Association of Financial and Capital Market Entities […]
FGTS anniversary withdrawal may be extinguished in the Lula government; understand what it is
In an interview with CNN Last Wednesday (4), the newly appointed Minister of Labor, Luiz Marinho (PT), stated that the portfolio plans to extinguish the anniversary withdrawal of the Severance Indemnity Fund (FGTS). “The previous government, in order to put money on the market, created the anniversary withdrawal, which would be the guarantee for the […]
Morgan Stanley raises Petrobras ADR price and reiterates neutral rating
Morgan Stanley raised the price target for Petrobras ADRs, from US$ 11.50 to US$ 12.50, according to a report sent on Thursday night (5) to clients, in which they revised projections, while reiterating the recommendation “ equalweight” for the oil company’s securities. “We think it’s just a matter of time before Petrobras changes its dividend […]
Petrobras refinery will stop maintenance in Canoas
In the second half of this month, Petrobras will carry out the company’s biggest maintenance stoppage in 2023, at the Alberto Pasqualini Refinery (Refap), in Canoas, Rio Grande do Sul, founded in 1968. To guarantee the refinery’s reliability, the of projects that increase energy efficiency and process safety, Petrobras will invest R$ 450 million. According […]
US services sector contracts in December, shows ISM survey
US services activity contracted for the first time in more than two-and-a-half years in December amid weakening demand, while the pace of increases in prices paid by businesses slowed considerably, providing further evidence that inflation was easing. The Institute of Supply Management said on Friday (6) that its non-manufacturing PMI fell from 56.5 in November […]
UK considers law to make it harder for essential workers to strike
The UK government is planning to introduce a new law that obliges workers in key public sectors, such as ambulance services, to maintain a basic level of service during strikes or risk of redundancy. In a statement on Thursday, the government said it would introduce a bill to parliament in the coming weeks to set […]
US creates 223,000 jobs in December; unemployment rate drops to 3.5%
The United States economy created 223,000 jobs in December, in net terms, according to data published this Friday (6th) by the country’s Department of Labor. The result was above the median estimate of analysts consulted by Projeções Broadcast, of 210 thousand vacancies. The US unemployment rate fell to 3.5% in December, from 3.6% in November, […]
Tesla slashes car prices in China after delivery slump
Tesla has again slashed prices on its cars in China after deliveries of vehicles made in Shanghai plummeted in December, ending a challenging year for the American electric car maker. At 8:05 am (Brasília time), Tesla shares suffered a 5.3% drop in premarket business in New York. In a post on a Chinese social network, […]