Pension funds of government companies will continue calling the shots at Vale despite equity restructuring
Proposal of converting preferred into common shares, altering bylaws and listing on Novo Mercado will leave mining giant without defined control
Oil company eyes unitized field in Santos Basin but needs more details before committing to other areas
Central government and federal companies invested 1.9% of GDP in 2016 from 3.25% in 2013
New criterion for re-auction of dams with expiring concessions offers flat tariff instead of favoring biggest discount
Santa Catarina utility’s initiative is biggest yet in the country, with plans to deploy solar panels in 1,000 residences
Minister also says that PMDB will not force all legislators to vote for the passage of the pension reform
Agricultural commodity trader bought plot of land on Marajó Island from where it expects to ship up to 9 million tonnes of grains per year
While the year is expected to feature a timid recovery, appliance maker points out the hurdles for an export-based economic turnaround
Gilberto Carvalho, one of the ex-president’s closest friends, believes he will run for office, but also considers alternatives like Ciro Gomes
Property developer has 512 special-purpose entities with assets affected by judicial reorganization
Mandatory use of local goods and services in oil and gas exploration and development was practically cut by half
Power distributor expects below-average growth this year and plans to seek loans or even asset sales to fund ongoing projects
Power distributor, which also increased four-year investment plan to R$3.9bn from R$3.5bn, says change will facilitate future capital increases
Firm’s private-equity fund invested R$500m in the developer that filed for bankruptcy protection this week
Companies seek synergies and clout to face 33% decline in demand since 2014; Brazilian partners get option for 3% in ArcelorMittal Brasil
Companies say exchange rate is already hurting competitiveness, compounding problem of still weak domestic market