Markets

Chance of higher U.S. interest rates for longer could push IPOs to 2025

Stock offering has weakest start to the year since 2016

Business

Of the total amount to be distributed, the National Treasury will receive R$6.3 billion, and the BNDES system, R$1.7 billion

Petrobras will pay R$22bn in extra dividends

Economy

Federal entities can propose changes in tax collection to their legislatures if they wish to increase or decrease revenue

Bill allows states, cities to adjust tax rates

Business

Brastemp and Consul’s parent company exits the water purifier business to support global operations amid cost cuts and layoffs

Agribusiness

Initiative seeks to guarantee socio-environmental compliance in the production and purchase of meat in the biome; 3 retailers have also signed the agreement

Meatpackers join Cerrado Protocol

Business

Of the new investment cycle of R$30bn, the largest part, R$13 billion, will go to the Goiana plant

Pernambuco takes most of Stellantis’s investment

Business

Sector totaled revenue of R$223bn in 2023; sales weakened following the pandemic

Regional construction retailers join forces to boost operations

Business

CEO of Brazilian mining company said that Vale could be interested in Anglo American, but currently has “better options” at home

Vale monitors possible takeover of Anglo by BHP

New EU climate commissioner backs global fuel tax

European Commission’s top climate official Wopke Hoekstra’s proposal could include aviation, shipping

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