DIRS.INFO The most relevant business & tech news

Musician Paul McCartney performs during his Got Back tour at SoFi Stadium in Inglewood, California, U.S., May 13, 2022. Tickets priced between 200 reais ($41) and 400 reais ($82), much lower than most of those for the tour, sold out in just a few minutes. Fans who managed to buy tickets received wristbands for the concert. Upon arrival, event organizers sealed up fans' mobile phones and cameras to prevent images being recorded. Reporting by Bernardo Caram; Writing by Steven Grattan; Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

Persons: Paul McCartney, Mario Anzuoni, McCartney, Amanda Cardoso, I'd, Bernardo Caram, Steven Grattan, Bill Berkrot Organizations: REUTERS, Rights, Cavern Club, Beatles, Clube, Choro, Thomson Locations: Inglewood , California, U.S, Rights BRASILIA, Liverpool, Brazil, Brasilia, Belo Horizonte, Sao Paulo, Curitiba, Rio de Janeiro

☆ Abu Dhabi's ADNOC makes new bid for stake in Brazil's Braskem; shares soar
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +3 min

Logos of ADNOC are seen at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai Acquire Licensing RightsSAO PAULO, Nov 9 (Reuters) - Brazilian petrochemical producer Braskem (BRKM5.SA) on Thursday said Abu Dhabi oil company ADNOC (ADNOC.UL) has presented a new non-binding offer to buy conglomerate Novonor's stake in the firm. The petrochemical company cited a letter exchange with Novonor in its filing. The conglomerate would be granted a minority stake of up to 3% in Braskem following the deal, Braskem added. ADNOC had previously presented a joint cash-and-debenture offer alongside U.S. asset manager Apollo (APO.N) for Braskem, with other bidders for the firm including Brazil's Unipar Carbocloro (UNIP6.SA) and J&F.

Persons: Toru Hanai, Braskem, ADNOC, Folha de S.Paulo, BTG, Pedro Soares, we're, Brazil's Unipar, Gabriel Araujo, Steven Grattan, Tomasz Janowski, David Evans Organizations: REUTERS, SAO PAULO, Petrobras, PETR4, Novonor's, Sao Paulo, Novonor, Folha de, ADNOC, U.S, Apollo, Thomson Locations: Gastech, Chiba, Japan, Abu Dhabi, Sao, Braskem

☆ Mark Zuckerberg says WhatsApp is the 'next chapter' for Meta and could become a bedrock for business messaging
▼ + stars: | 2023-11-08 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Mark Zuckerberg signaled big changes to WhatsApp, which he sees as the future of business messaging. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The Meta chief told The New York Times in an interview that the messaging app is the "next chapter" for Meta and could play a critical role in business messaging. Five years later, it launched several features, including WhatsApp for Business, to help companies connect and communicate with customers. That could come in the form of ads in Status and Channels, Will Cathcart, the head of WhatsApp, told Brazilian newspaper Folha de S.Paulo .

Persons: Mark Zuckerberg, —, Zuckerberg, Will Cathcart, Cathcart, Meta didn't Organizations: Service, New York Times, Meta, Times, Business, Reuters, Brazilian, Folha de Locations: monetizing

BRASILIA, Oct 26 (Reuters) - Brazil's Finance Ministry is preparing a decree that nearly doubles the tax on the sale of firearms and ammunition, arguing that the measure is necessary to boost revenue and reduce crime, according to a draft document seen by Reuters. Prepared by the revenue service at the request of Finance Minister Fernando Haddad, the decree raises the industrial tax on revolvers, pistols, shotguns, carbines, pepper spray, and other equipment from 29.25% to 55%, in addition to also increasing the tax on ammunition. The proposal was sent by the revenue service to the ministry's executive secretary, Dario Durigan, on Wednesday night. The revenue service declined to comment. The move aligns with other actions by leftist Lula, who has consistently opposed policies that encourage the sale and use of firearms.

Persons: Fernando Haddad, Dario Durigan, Luiz Inacio Lula da Silva, Lula, Jair Bolsonaro, Bernardo Caram, Bill Berkrot Organizations: Brazil's Finance Ministry, Reuters, Finance, Thomson Locations: BRASILIA

China, Brazil's largest trading partner, funneled $1.3 billion in direct investments into the country last year, the lowest level since 2009, according to a CEBC study. The performance contrasts with overall foreign direct investment (FDI) in Brazil in 2022, which skyrocketed by 95% to $90.6 billion, highest in a decade. Last year, just 28% of announced Chinese projects worth $4.7 billion went ahead, the CEBC said. That compares poorly with 2021, when pledged investments of $5.9 billion were fully realized, bolstered by two oil projects worth nearly $5 billion. Chinese mining firm Honbridge (8137.HK), for example, announced investments worth $2.1 billion that failed to proceed due to a pending environmental license.

Persons: Cariello, Hua Sheng, Getulio Vargas, Luiz Inacio Lula da Silva, Bernardo Caram, Tom Hogue Organizations: Brazil tanked, China Business Council, HK, U.S ., Sao Paulo Business Administration School, Getulio Vargas Foundation, Thomson Locations: BRASILIA, Brazil, China, Ukraine, U.S, Asia, Beijing

☆ New Brazil poll shows President Lula's approval rating "stable" at 37%
▼ + stars: | 2023-06-17 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, June 17 (Reuters) - Brazilian President Luiz Inacio Lula da Silva entered his sixth month in office with a 37% approval rating and a 27% disapproval rating, according to a Datafolha poll released Saturday, showing a stable result compared to the same pollster's data released in March. The poll shows that 33% of those interviewed said they consider left-wing Lula as "average", while 3% had no opinion. In the previous survey, Lula had an approval rating of 38%, while 29% disapproved. Datafolha surveyed 2,010 voters in 112 municipalities across the country from June 12 to 14, and the poll has a margin of error of two percentage points. Reporting by Steven Grattan; Editing by Franklin PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Luiz Inacio Lula da Silva, Lula, Jair Bolsonaro, Datafolha, Steven Grattan, Franklin Paul Organizations: SAO PAULO, Folha, S.Paulo, Franklin Paul Our, Thomson

"Inflation expectations are still very high," Campos Neto told a seminar hosted by newspaper Folha de S.Paulo on Monday, highlighting elevated long-term forecasts as particularly problematic. "Long-term forecasts remained little changed," the central bank chief said. "And we have a problem that are long-term inflation expectations persistently stuck around 4%". In the minutes of its May meeting, the central bank expressed concerns about inflation expectations, saying it continued "to assess that de-anchored expectations raise the cost of bringing inflation back to the target". Campos Neto acknowledged that headline inflation has been slowing down in Brazil, but noted that the core index remains "high" and "well above target".

☆ Lula's government should revise Brazil's mandatory spending constraints, says Haddad
▼ + stars: | 2023-04-08 | by ( ) www.reuters.com time to read: +1 min

BRASILIA, April 8 (Reuters) - Brazil's government should revise the rules for increasing mandatory expenses and budget constraints before the end of the year, once reform of the tax system has been decided, Finance Minister Fernando Haddad said. "What we want to discuss, after the tax reform, is a rule that ends the chopping and changing, and gives greater stability to this type of spending," Haddad said in an interview published on Saturday by newspaper Folha de S.Paulo. Brazilian governments permanently face spending difficulties because 95% of the federal budget is tied to obligatory expenditure, leaving only 5% for discretionary spending. When they presented the new fiscal framework that proposes limiting real growth in public spending, Treasury officials said it would be necessary to revise the floor for spending on health and education, which is currently linked to the level of government revenues, to avoid reduction in other areas. Reporting by Bernardo Caram; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Almost a third of Brazilians disapprove of Lula, poll shows
▼ + stars: | 2023-04-01 | by ( ) www.reuters.com time to read: +1 min

Lula, who took office in January after narrowly defeating Bolsonaro in an election last October, has the approval of 38% of Brazilians, with 29% disapproving of his performance, according to a Datafolha survey. Bolsonaro, who served as president from 2019 to the end of 2022, never formally conceded defeat to Lula. On Jan. 8, barely a week after Lula began his third term as president, Bolsonaro supporters stormed government buildings in the federal capital Brasilia to protest the election result. After about three months in self-imposed exile in the United States, Bolsonaro returned to Brazil this week. The margin of error for the poll is plus or minus two percentage points.

☆ Brazil investigates undeclared $3 million jewelry gift to Bolsonaro
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +2 min

BRASILIA, March 6 (Reuters) - Brazilian Justice Minister Flavio Dino on Monday ordered police to investigate an alleged attempt to bring in undeclared jewelry, a gift from Saudi Arabia valued at $3.2 million, to former far-right President Jair Bolsonaro. The diamond necklace, ring, watch and earrings gifted to Bolsonaro and former first lady Michelle Bolsonaro by the Saudi government were seized by customs officials at Sao Paulo's international airport in October 2021. Bolsonaro's critics said gifts to president belong to the state and must go into a presidential collection. In his only public comment on the jewelry, Bolsonaro said he was being "crucified" for a gift he never asked for and never received. ($1 = 5.2093 reais)Reporting by Ricardo Brito; Writing by Anthony Boadle; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

☆ Rep. George Santos's office says he still intends to donate his entire salary to charity and will do so quarterly
▼ + stars: | 2023-01-20 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

GOP Rep. George Santos has pledged not to accept his congressional salary several different times. On Friday, his office told Insider he plans to donate his entire salary on a quarterly basis. A spokeswoman for Santos's congressional office told Insider on Friday that Santos will be donating the entirety of his congressional salary, making quarterly donations to an organization "such as a soup kitchen, or animal shelter." In a recent appearance on Steve Bannon's "War Room" show, he repeatedly dodged questions from fellow Republican Rep. Matt Gaetz of Florida about where that money came from. "I will not accept a congressional salary at all," he wrote in a May 2021 tweet slamming Suozzi.

☆ Hospital reports Pelé responding well to treatment for respiratory infection
▼ + stars: | 2022-12-03 | by ( Associated Press | ) www.nbcnews.com time to read: +1 min

SAO PAULO — Brazilian soccer great Pelé is responding well to treatment for a respiratory infection and his health condition has not worsened over the latest 24 hours, the Albert Einstein hospital said Saturday. The 82-year-old Pelé has been at the hospital since Tuesday. Get well messages have poured in from around the world for the three-time World Cup winner, who is also undergoing cancer treatment. Kely Nascimento, Pelé’s daughter, posted several pictures on Instagram from Brazil fans in Qatar wishing her father well with flags and banners. Nelson Almeida / AFP via Getty ImagesThe Albert Einstein hospital said Friday that Pelé is getting antibiotics to treat an infection at the same time he undergoes chemotherapy against cancer.

☆ Brazil soccer legend Pele says he remains 'strong' amid cancer battle
▼ + stars: | 2022-12-03 | by ( Gabriel Araujo | ) www.reuters.com time to read: +3 min

loading"I'm strong, with a lot of hope and I follow my treatment as usual," Pele said. Pele, one of the greatest footballers of all time if not the greatest, was admitted to hospital on Tuesday to re-evaluate his cancer treatment. He had a tumor removed from his colon in September 2021 and has been receiving hospital care on a regular basis. The newspaper also said he had a general swelling and cardiac issues when admitted to hospital earlier this week, as previously reported by ESPN Brasil. On Thursday, Pele said in an Instagram post that he was at the hospital for a "monthly visit".

Search resuls for: "Folha de S.Paulo"

13 mentions found