In September, inflation exceeded expectations and affected the Direct Treasury on Friday, September 25th. The IPCA-15 increased by 0.70%, surpassing the market’s 0.53% projection, while the effective interest rates on inflation-linked bonds decreased in almost all wages. Titles associated with inflation in the Direct Treasury started the session with decreasing rates despite the overall high….
Carrefour is selling 21 Carrefour Neighborhood stores to the Pereira Group, which owns Fort Atacadista and Comper supermarkets. This move signifies Carrefour’s withdrawal from the supermarket business, as it previously operated 26 medium-sized stores. The operation was introduced this week to the Administrative Council for Economic Defense (Cade) for assessment. The package includes 15 supermarkets…
Braskem announced on Friday (25) that it received notification of a ruling from the 2nd Court of Deaths and Judicial Recovery of the Central Cible Forum of São Paulo regarding the extrajudicial recovery process of petrochemicals and five subsidiaries. The company stated that it has not received a formal subpoena regarding the decision, as it…
This week, the merger of Afya and Yduqs was announced, forming the biggest medical education company in the country amid a shift in the sector towards growth through mergers and acquisitions of established institutions, following a decade of rapid expansion in new courses. The merger, subject to approval from regulatory authorities, would result in a…
Individuals who are currently 20 years old have never witnessed the US Treasury bonds’ rates at their current levels, which exceed previous historical highs. This has significant effects on the Brazilian market, unlike anything they have experienced in many years. On Friday, the 30-year American mortgage rate hit 5.472% annually, marking the highest level in…
Gafisa (GFSA3) is showing further signs of worsening its financial crisis as the balance of the second quarter is delayed for the third time. On September 15, a credit operation backed by the company failed to pay its investors, affecting the project in Arpoador, Rio de Janeiro. The report highlighted a second instance where insufficient…
Braskem announced on Friday (25) that it received notification of a ruling from the 2nd Court of Deaths and Judicial Recovery of the Central Cible Forum of São Paulo regarding the extrajudicial recovery process of petrochemicals and five subsidiaries. The company has not received a formal subpoena related to the decision yet, as it is…
Bill Gates warned that artificial intelligence (AI) is currently capable of causing events that could result in the death of a large number of people. Gates stated that AI has the potential to cause events leading to a billion deaths, emphasizing the unprecedented power when combined with malicious intent. The statement is made as technology…
Wall Street’s excitement about Nike hit a record low in over 25 years, following Bank of America’s recent shift to a more negative outlook on the troubled sportswear company. Analyst Lorraine Hutchinson downgraded the sportswear manufacturer’s stock rating from “neutral” to “below market performance” (underperform), pushing back the projected sales recovery to 2028. Profit estimates…