A virtual meeting was opened this Tuesday (3) to evaluate the departure of the president of Petrobras, Caio Mário Paes de Andrade. Until 9 am this Wednesday (4), the members of the Board of Directors must decide whether the current head of the oil company will leave with the right to the millionaire bonus on […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Ministry of Mines and Energy informs Petrobras that it will nominate Prates for presidency
The Ministry of Mines and Energy sent, this Tuesday (3), a statement to the Board of Directors of Petrobras informing that Senator Jean Paul Prates (PT) will be appointed to take over the command of the oil company. The formal nomination, however, has not yet been made official. According to the folder, it depends on […]
Haddad and Argentine ambassador discuss creation of single currency for Mercosur
The Minister of Finance, Fernando Haddad, met this Tuesday (3) with the Argentine ambassador to Brazil, Daniel Scioli, and they discussed the creation of a common currency for Mercosur. The objective, according to Scioli, is to strengthen the trade bloc and expand ties between countries in the region. For him, the idea is not to […]
Haddad and Argentine ambassador discuss creation of common currency for Mercosur
The Minister of Finance, Fernando Haddad, met this Tuesday (3) with the Argentine ambassador to Brazil, Daniel Scioli, and they discussed the creation of a common currency for Mercosur. The objective, according to Scioli, is to strengthen the trade bloc and expand ties between countries in the region. For him, the idea is not to […]
Stock market fell 9% and lost BRL 546 billion in market value since Lula’s election
Companies listed on B3, the Brazilian stock exchange, have lost R$546.2 billion in market value since the end of the elections, when Luiz Inácio Lula da Silva was confirmed as the new president-elect, on October 30. The value of the drop is equivalent to 3.8 times the value of the PEC of the Explosion: the […]
New Social Security Minister says he will form a commission with the participation of unions to discuss reform
The Minister of Social Security sworn in this Tuesday (3), Carlos Lupi, said during his speech that the government needs to discuss what he classified as “anti-reform of Social Security”, in reference to the changes to the social security system carried out in 2019. “I want to form a quadripartite commission, with workers’ unions, employers’ […]
Lupi criticizes pension reform and denies deficit
The Minister of Social Security sworn in this Tuesday (3), Carlos Lupi, said during his speech that the government needs to discuss what he classified as “anti-reform of Social Security”, in reference to the changes to the social security system carried out in 2019. “I want to form a quadripartite commission, with workers’ unions, employers’ […]
Moody’s assesses that the most likely scenario is an economic slowdown
Many CEOs, investors and consumers are worried about a recession in 2023. But Moody’s Analytics says the most likely scenario is a “downturn”, where growth almost stops but a full-blown economic recession is narrowly avoided. “Under almost any scenario, the economy is set to have a tough 2023,” Moody’s Analytics chief economist Mark Zandi wrote […]
Apple loses $1 trillion in market value in one year
Apple’s market value fell below $2 trillion in Tuesday’s trading for the first time since the start of 2021 and a year after the company became the first publicly traded tech company valued at $3 trillion. Apple shares fell more than 4% in midday trading on Tuesday after a report raised concerns about consumer demand […]
Sam Bankman-Fried, founder of FTX, pleads not guilty to criminal charges
Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, has pleaded not guilty to criminal charges, setting up a high-stakes legal battle that pits him against two of his closest former business partners. The 30-year-old businessman, who posted $250 million bail, was indicted in federal court in Manhattan on Tuesday. His attorney, Mark Cohen, pleaded […]
