At a time when it is advancing in offering more sustainable solutions for the steel industry and base metals — essential for electric batteries —, Vale has just entered the carbon credit market for the first time. The company closed the purchase of 133,000 high integrity forest carbon credits, equivalent to the protection of 50,000 […]
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.
Total exchange flow in January until the 13th is negative at US$ 1.658 billion, says BC
After ending December with net outflows of US$ 12.482 billion, the country recorded exchange rate negative of US$ 1.658 billion in January, until the 13th, informed this Wednesday, the 18th, the Central Bank. In 2022, the balance was positive at US$ 9.574 billion. The financial channel showed net outflows of US$ 1.632 billion in the […]
Oil prices fall 1% on US recession fears
Oil prices fell on Tuesday (20), following the fall of other risk assets, in the face of a strong dollar and investors anticipating further increases in interest rates from the US central bank (Fed), intended to contain the inflation. Brent futures fell $1.38, or 1.5%, to settle at $90.62 a barrel, while October WTI crude […]
US job market remains tight, says Fed’s Beige Book
The US economy is a little depressed. The Federal Reserve pointed out in its latest report called the Beige Book, the first of 2023, released this Wednesday (18), that Americans “expected little growth in the coming months”. Investors, of course, were not happy with this assessment. Shares fell close to their lowest levels for the […]
Bradesco asks that justice determine prior approval for Americanas to withdraw funds
Bradesco said this Wednesday that it asked the Justice of Rio de Janeiro to only allow Americanas to withdraw funds from the bank with prior approval. Earlier, the newspaper O Estado de S. Paulo published that Bradesco’s petition to the Rio de Janeiro Court states that Americanas “may file for judicial recovery” and that, therefore, […]
Why Elon Musk is being sued over 4 year old Twitter post
A four-year-old tweet from Elon Musk brought the Tesla CEO back to court this week. Musk, Tesla and other Tesla directors are facing a shareholder lawsuit over his now-infamous tweet from 2018, which said he was considering taking Tesla private at a price of $420 a share. Had he ended the tweet then and there, […]
Issue of raising the minimum wage can be defined by May 1, says Marinho
The Minister of Labor and Employment, Luiz Marinho, said this Wednesday (18th), that the increase in the minimum wage can be decided by May 1st. Also this Wednesday, President Luiz Inácio Lula da Silva announced the creation of a working group to draw up a permanent policy for valuing the floor. The group has a […]
BTG reverses decision and prevents return of BRL 1.2 billion to Americanas
BTG Pactual achieved a victory in the legal battle with Americanas. A writ of mandamus reverses a previous decision dealing with the R$1.2 billion dispute between the two parties. With the decision taken this Wednesday (18), BTG reverses part of the effects of the decision taken by the Justice of Rio on Saturday, which was […]
Manufacturing industry revenues rise in November, says CNI
The real turnover of the manufacturing industry increased by 1.4% in November compared to October last year, informed this Wednesday (18) the National Confederation of Industry (CNI). With the result of the month, billing accumulates the second consecutive month of growth. Compared to November 2021, revenue grew by 9.9%. The numbers refer to the seasonally […]
Viviane Varga is appointed Deputy Secretary of the National Treasury
Economist Viviane Varga was appointed deputy secretary of the National Treasury. The act of appointment is published in an extra edition of the Official Diary of the Union this Tuesday (17). Viviane Varga holds a degree in Economics from the University of Brasília (UnB) and a Master’s and PhD in Economics from the Federal University […]
