Schlagzeilen der internationalen Ausgabe von Valor Econômico

POLITICS

Supreme Court may appoint new Car Wash rapporteur

Redistribution of cases has already been adopted in the past; death of Justice Teori Zavascki raises uncertainty about the probe's outcome

POLITICS

Substitute will be vetted by 12 Car Wash-investigated senators

President Temer plans to nominate replacement of Justice Teori Zavascki, who handled Car Wash cases, as soon as possible

MARKETS

Brazilian economy has conditions of improving rapidly, Itaú chief says

Roberto Setubal says World Economic Forum showed him that there is support of international community for country to recover

BUSINESS

Usiminas ready to start arbitration against Sumitomo

Steelmaker intends to challenge Japanese partner’s decision of rejecting R$1bn capital reduction in joint venture Musa

BUSINESS

Carrefour considers hastening change of command

Best Buy CEO is seen as strong name to replace Georges Plassat at the helm of French retailer

COMMENTARY

Claudia Safatle

Government estimates potential output growth of 3.8%

Growth capacity for the next ten years is higher because of migration to more efficient private investment

Ribamar Oliveira

Constitution has remedy for states

Rule allows dismissal of public servants when local governments need to adjust their finances

Cristiano Romero

A threat to legal security of contracts

Reaction of elected officials to 2013 wave of demonstrations created more risks than fulfilled the population’s demands

MORE NEWS

• ECONOMY

  Brazil back on the radar of oil companies

  
  Changes in pre-salt model and more flexible local-content rules could ensure success for oil and gas auctions in 2017, industry insiders say
• BUSINESS

  Edelman plans acquisition in Brazil

  
  PR giant wants to advance into market dominated by local firms; Publicis Group also eyeing opportunities
• BUSINESS

  New Bible editions defy publishing crisis

  
  Ranging from fresh translations to novelized formats, new versions of the holy book have bucked the Brazilian publishing industry’s trend
• ECONOMY

  Rio bailout includes three-year grace for debts

  
  Fiscal recovery package in negotiation with Finance Ministry will combine R$8.5bn in new loans and additional pension revenues
• BUSINESS

  Heineken close to buying Brasil Kirin

  
  Japanese brewery has decided to leave Brazilian market and is in advanced talks to sell its operations for much less than it paid in 2011
• BUSINESS

  Odebrecht launches major reorganization in wake of Car Wash probe

  
  Industrial conglomerate appointed new executives and shut down units aiming to resume normality of businesses in Brazil and abroad
• POLITICS

  Maia rises as new power broker in Chamber

  
  Seeking re-election, current speaker has garnered significant support among the “Centrão” faction formed by Eduardo Cunha
• MARKETS

  Companies to use new stock offerings to fund investments

  Unlike last year, when proceeds went to repay debts, in 2017 focus is likely to return to expansion
• BUSINESS

  Ipanema plans to double coffee production in ten years

  
  Arrival last year of new investor, Santa Colomba, made company outline more ambitious growth plans
• BUSINESS

  Nestlé and Unilever pick different strategies for Brazil

  Swiss giant bets on price increases and new products while Anglo-Dutch consumer goods group eyes higher volumes
• BUSINESS

  Suzano's new strategic committee adds to speculation of deals

  Company is inviting prominent market executives to advise board, move seen by analysts as preparation for industry consolidation
• MARKETS

  Pension funds ponder next board appointments

  
  Previ has more than half of its 166 representatives ending their terms in the next season of shareholder meetings
• BUSINESS

  Vale shareholders discuss unification of stock classes

  
  Current shareholder agreement expires in April and is likely to be renewed for six years, with mining company having only common shares
• ECONOMY

  Government seeks more than R$10bn from Car Wash-implicated taxpayers

  
  Tax authority has already fined 107 companies and individuals and intends to demand R$5bn more by the year’s end
• BUSINESS

  Aon buys Brazil’s Admix for R$1.2bn eyeing 1 million new customers

  
  US group aims to achieve 5-year target betting on technology platform of Brazilian company and managing R$7bn in insurance premiums
• BUSINESS

  HSI to invest up to R$1.5bn in properties this year

  
  Investment firm intends to concentrate acquisitions in the first half in order to take advantage of low prices
• MARKETS

  Copom only advanced monetary easing cycle

  Market projections still signal the same expected rate cut, but weak activity and improving inflation allowed officials to accelerate reduction
• ECONOMY

  More than 320 cities may declare state of financial emergency

  Measure has been already taken by 73 municipalities from several states, with Rio leading the ranking with 14 cities this year alone
• BUSINESS

  New Oi plan will address allocation of money from asset sales

  Plan will also stipulate immediate conversion of part of the bond debt into stocks
• ECONOMY

  Brazilian executives become more bullish about 2017

  Over half of CEOs believe business will improve this year from 24% in early 2016, annual PwC survey shows
• BUSINESS

  Basketball league makes ambitious plans to regain popularity

  
  Partnership with the NBA and efforts to improve the clubs’ management aim to put the sport back at number 2 in the preference of Brazilians
• BUSINESS

  Brasil Pharma advances redemption of R$377m in bonds

  Drugstore chain controlled by BTG Pactual also prepares a bond sale of R$374m
• AGRIBUSINESS

  Farmers slow soybean sales, waiting for better exchange rate

  
  As of December, 34% of soybeans to be harvested starting this month had been sold, compared with 44% in the same period of 2015/16