posted on 01/24/2023 10:42 (credit: Personal Archive) Businessman Carlos Alberto (Beto) Sicupira, the fourth richest man in Brazil and one of the three majority shareholders of Americanas SA, has seen the consequences of the fall in the company’s shares on his own equity. The conglomerate disclosed a shortfall of BRL …
Read More »Day promises volatility with more Haddad speeches
× Photo: Pixabay The second day of business in national markets in 2023 should still bring a lot of volatility for investors. Tuesday begins with the Minister of Finance, Fernando Haddad, live with journalists, after the Ibovespa lost more than 3% in market value in yesterday’s session, with state-owned companies …
Read More »Why the London Stock Exchange is no longer the most valuable in Europe – 11/15/2022 – Mercado
The UK Stock Exchange has lost its position as the most valuable stock market in Europe – being overtaken by the French stock exchange, according to Bloomberg data. The devaluation of the British currency (the pound sterling), fears of recession in the United Kingdom and the increase in sales by …
Read More »‘Bloodbath’ in the financial market with IPCA, Lula and Mantega
🇧🇷 Photo: B3 This Thursday will definitely mark the history of the Ibovespa, the main index of the B3 (São Paulo Stock Exchange). The day started with IPCA (Extended Consumer Price Index) data above market expectations, and with that, future interest rates started the session rising strongly. But Thursday was …
Read More »Twitter will have a content moderation committee, says Elon Musk
× Reproduction/Elon Musk/Instagram Billionaire Elon Musk said on Friday that Twitter will have a content moderation board. According to Tesla’s CEO, who completed the purchase of the social networkall major decisions about content or account reinstatement will be submitted to the group. “Twitter will form a content moderation advice with …
Read More »Nubank will go private in Brazil; what changes in the accounts – 09/21/2022 – Market
Nubank drew the attention of the financial market by announcing, last week, a change in its BDRs (Brazilian Depositary Receipt) program, a receipt traded on the Brazilian Stock Exchange that tracks the variation of shares listed on the New York Stock Exchange (NYSE), in United States. In practice, the board …
Read More »Dollar can go to R$8 and Selic to 20%, says manager – 07/26/2022 – Market
Depending on the policies in the economic field to be adopted by the government that emerges victorious in this year’s elections, foreign investors can promote a strong capital rescue, with significant impacts on inflation, interest rates and the dollar. The assessment is by Ales Koutny, a Brazilian manager focused on …
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