Schlagzeilen der internationalen Ausgabe von VALOR ECONÔMICO

AGRIBUSINESS

Marfrig negotiates bond redemption to avoid change in equity structure

Bonds have to be converted in January and would make BNDESPar the largest shareholder in the company

POLITICS

Lawyers propose Car Wash amnesty 

Focus of a proposal being discussed behind the scenes in Congress draws distinction between slush funds and bribery

POLITICS

In last act, Rousseff will advocate plebiscite

Decision pleased Workers’ Party members, although many doubt whether proposal is the best strategy at this point

ECONOMY

Government may collect fixed pension contribution from rural workers

Proposal aims to curtail big deficit in rural system while making it easier to verify whether workers are really entitled to benefit

BUSINESS

How Casino is trying to correct the failed spinoff of Cnova

French retailer promises R$570m in synergies from merging back its e-commerce arm in Brazil with Via Varejo

COMMENTARY

Ribamar Oliveira

Cost of minimum-wage raise reaches R$179.1bn

Tying pension and assistance benefits to the minimum wage means proposed spending cap would not be viable without tax hikes

Cristiano Romero

The advantages of securitization

The government may raise up to R$15bn with the securitization of tax debts already split by refinancing programs

Antonio Delfim Netto

Time to lose the innocence!

National interest frequently is nothing more than interest groups filtered by politicians interested in maximizing and maintaining their power

MORE NEWS

• BUSINESS

  Marimex requests review of port auction terms

  Logistics operator, which won an area in the port of Santos in 2015, says the handling requirements were overestimated 
• BUSINESS

  Gerdau adopts new strategy to profit in adverse steel market

  
  Group is decentralizing power, reassessing business portfolio and pursuing combinations with other steel producers
• MARKETS

  Banks offset credit contraction with higher spreads

  Less competition for loans amid recession is helping banks compensate loan losses amid widespread decline in borrowing
• BUSINESS

  Good lessons from the crisis inspire auto parts leader

  
  Dan Ioschpe, president of trade group Sindipeças and also chairman of Iochpe-Maxion, says growth model relied too much on domestic market
• BUSINESS

  União Química prepares deal and may get new partner

  
  End of partnership dispute with Biolab unshackled the pharmaceutical company, now in non-exclusive talks with General Atlantic
• BUSINESS

  Eletrobras debt may hinder Petrobras attempt to sell BR

  Uncertainty about payments of billions owed by Eletrobras utilities makes buyers more cautious
• ECONOMY

  Temer to define new package of concessions on the 25th

  Auctions of infrastructure projects will include two railways, four airports and a passenger port terminal
• BUSINESS

  Capital Group injects R$450m in Burger King Brasil

  
  American private-equity fund manager joins Vinci Partners in controlling block with 31% stake
• MARKETS

  After nearly 30 years, founders split IP Capital Partners

  
  Asset-management firm separates Rio and London operations to better reflect performance of global and local portfolios
• MARKETS

  Institutional investors to fuel recovery in local debt market

  Corporate issuers expected to go back to the market for debt rollover as investor appetite increases
• ECONOMY

  Manufacturing exporters feel pressure from stronger real

  Volumes and prices are falling after period of steep adjustment in external accounts, leading some to consider downgrading trade-surplus forecast
• BUSINESS

  Parts shortage forces Volkswagen to halt assembly lines

  
  German carmaker files suit against Prevent, a supplier, after facing a year of supply interruptions amid price clashes
• POLITICS

  Government seals new debt deal with states

  
  Bill addressing debt payments is scheduled to be voted this Tuesday, after changes were made in the original text
• BUSINESS

  Tax authority wants to cut cost of tracking beverage production

  
  Federal Revenue currently uses the Sicobe to monitor the physical production of beverages and thus avoid tax evasion
• POLITICS

  Presidential palace worried about leaked testimonies

  But assessment is that news of slush funds from Odebrecht to Michel Temer and José Serra will not affect impeachment against Dilma Rousseff
• AGRIBUSINESS

  Poultry competition gives mills no relief in wheat prices

  
  Even though international prices have fallen, domestic ones remain high because chicken farmers are using wheat as alternative to expensive corn
• BUSINESS

  Chemical industry pushes for natural gas as feedstock

  
  Sector eyes future production of pre-salt layer as a means to make Brazilian output more competitive
• MARKETS

  Asset manager bankrolls companies invested by private-equity firms

  Spectra wants to take advantage of credit shortage and supply capital to businesses that have endorsement of private-equity funds
• BUSINESS

  Car importers in countdown mode for impeachment

  Dealerships hope barriers to sales of car brands that have not invested in Brazilian plants are lifted under new government 
• MARKETS

  Brazil companies may issue up to R$15bn in stock offerings

  CCR, Multiplan and Sanepar are some of the candidates to sell shares still this year
• BUSINESS

  Petrobras wants integration with BR even after sale

  Company considers requiring commitment from new partner in distribution arm to buying a minimum volume of oil products