Nachrichten aus der internationalen Edition von VALOR ECONÔMICO

ECONOMY

Temer defines post-impeachment actions

Social Security reform and spending cap will be the government’s priorities when impeachment trial is over

POLITICS

Chamber speaker rules out tax increases

Rodrigo Maia downplayed clash between coalition parties over public-sector raises and suggested the government should improve its communication

POLITICS

The politics of Rodrigo Janot

Prosecutor-general, who gained a leading role in the Petrobras scandal, has a difficult relationship with politicians and the Supreme Court

MARKETS

Investors await end of impeachment trial to take decisions on Brazil

Even if seen as a foregone conclusion, ouster of Dilma Rousseff will mark new position of foreign investors about Brazilian assets

BUSINESS

Time to decide “if we want a Brazil like Venezuela”

Philipp Schiemer, president of Mercedes-Benz in Brazil, says country needs to take the chance to carry out needed reforms

COMMENTARY

Claudia Safatle

Temer honeymoon coming to an end

There is no hypothesis of making exceptions in proposal for spending cap, says Chief of Staff Eliseu Padilha

César Felício

Rubble after the impeachment

The new government will face one of the weakest oppositions since the military regime

Ribamar Oliveira

Improvements in the spending-cap proposal

If text of constitutional amendment proposed continues as is, judiciary branch will violate cap already in the first year

MORE NEWS

• BUSINESS

  Camargo Côrrea makes changes in command

  
  Vitor Hallack steps down as chairman of holding company and Décio Amaral takes over as CEO of construction unit
• BUSINESS

  On the block, TheraSkin may have new strategic partner

  Company was priced at R$1bn by its controlling family and hired Credit Suisse to seek potential investors for the whole operation or stake
• AGRIBUSINESS

  Ministry downsizing hurts lobster exporters

  Certification delays cause €70,000 loss to exporters as fishing agency shrunk to 45 workers from the previous 1,000 after losing ministry status
• MARKETS

  Global debt market reopens for Brazilian issuers, but at a higher cost

  Petrobras and Vale paid this year about 40% more than a few years back, before Brazil’s rating downgrade and the increase in their debt burdens
• POLITICS

  Isolated, Rousseff faces final impeachment trial

  
  Removal process reaches final stage as suspended president’s own party rejects her proposal to call new elections and long-time allies disappear
• BUSINESS

  European investors file complaints against Oi

  
  Group gathers more than 500 families in Portugal, Switzerland and Germany who bought debt issued by the telecommunications group
• AGRIBUSINESS

  Fibria uses big data to predict weather and raise yields

  
  Pulp producer is carrying out tech project that will help it better plan planting of eucalyptus trees
• BUSINESS

  Petrobras gets CVM’s green light for BR sale

  
  Oil giant won’t be required to offer shares to minority shareholders before selling control of its fuel-distribution company
• BUSINESS

  Hermes Pardini heirs battle over management

  Áurea Pardini, one of the daughters of the laboratory’s founder, may have her veto powers reduced and make room for a future merger
• ECONOMY

  VA&E bets on partnerships to improve sugar origination

  
  Trading firm is partnering with mills such as Usina Carolo to provide safe transactions
• BUSINESS

  Recruiting group Fesap restructures and invests in Argentina

  
  Brazilian group bets initially on providing consulting services in other Latin American countries
• ECONOMY

  Government wants to limit scope of regulatory agencies

  View is that they are assigned an excess of tasks that hurt their main role of supervising public services provided by private companies
• POLITICS

  Coalition parties at odds over public-sector raises

  
  PSDB, the center-right party that is a key member of the Temer coalition, threatens to abandon it if the president’s PMDB approves wage increases
• POLITICS

  Operation Sand Castle may resurface and hit key politicians

  
  Investigation into use of slush funds, started in 2009, can be reopened with new evidence targeting PMDB and interim president Michel Temer
• BUSINESS

  Usiminas partners prepare to split company

  Option had been considered in 2014 but returned to the table with renewed vigor and more concrete measures, people familiar with the issue say
• AGRIBUSINESS

  Soybean production costs fall, but so do margins

  Growers report lower prices for inputs ranging from fertilizer to agrichemicals but cooler international prices will also take a toll on profits
• MARKETS

  Banks lose at least R$13.5bn with Oi and Sete Brasil

  
  Despite not naming both companies in balance sheets, lenders increased provisions after their bankruptcy requests
• BUSINESS

  Partners of Eataly in Brazil in talks to sell part of their stake

  
  Negotiations with American private-equity firm Catterton move forward while chain prepares to open second unit in São Paulo
• BUSINESS

  Natura develops its own HDI to improve retention

  
  Cosmetics company is offering free or discounted benefits to employees and their families based on its adaptation of the Human Development Index
• MARKETS

  Developers bet on early mortgages

  By transferring housing loans to banks before delivering properties, developers believe they can reduce contract cancellations
• ECONOMY

  Government withdraws support for judiciary raises

  
  Controversial proposal setting a new wage cap for public-sector workers also started to be decried by senators tasked with evaluating it
• ECONOMY

  Leading name for Cade seen as “too tough”

  
  Technicians and lawyers say Cristiane Alkmin's profile is not suitable to head the antitrust watchdog while other officials vouch for her
• POLITICS

  Temer promises party leaders to preserve social spending in budget

  
  Interim president continues political efforts to pass bills of interest to the government
• BUSINESS

  Toyota makes room for Brazilian engineering

  
  After five decades, Japanese automaker opens development center in Brazil, increasing autonomy of local designers
• BUSINESS

  Estáter takes control of Unipar until 2022

  
  Controlling shareholder Frank Geyer, involved in Operation Car Wash, cedes control to investment firm tasked with restructuring chemicals group
• BUSINESS

  Bankrupt companies invest in improving morale

  
  As number of firms filing for bankruptcy protection soars, companies like Oi are doing their best to keep workers engaged in the recovery
• MARKETS

  Payroll-loan problems may affect bank earnings in second half

  
  Experts rule out a systemic risk, but rates or supply of credit are likely to be adjusted because of late state payments
• BUSINESS

  Midea plans to triple revenues in Brazil by 2020

  
  Chinese appliance manufacturer aims R$4bn revenue with expansion of product line and offering more expensive products