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- Construction Companies Renegotiate Agreements and Seek Public Works 10 Years after Operation Car Wash
Billion-dollar fines, robust compliance programs, opening of the Brazilian market to foreigners, name changes, judicial recoveries, companies that have shrunk to one-tenth of their previous size, and traumas that persist to this day in the signing of public works contracts.
Published on 03/18/2024 - 12h59
- 'Brazilian Women Undergo Too Much Plastic Surgery and Destroy their Faces,' Says Owner of L'Occitane
When listing the difficulties he encountered in implementing his businesses in Brazil, Austrian billionaire Reinold Geiger, 76, global chairman of the L'Occitane Group and creator of its national version, L'Occitane au Brésil, cites bureaucracy and taxes, but also an unusual cultural barrier.
Published on 03/18/2024 - 12h55
- Rio Dribbles Ministry of Finance and Accredits Betting Companies to Operate throughout Brazil
Four online sports betting companies, known as "bets," are already operating legally throughout Brazil due to accreditation granted by the state government of Rio de Janeiro, which signifies a sidestep of a judicial understanding on the matter and the new legislation in the sector.
Published on 03/18/2024 - 12h52
- President of Petrobras Affirms that Guidance to Retain Dividends Came from the Government
The president of Petrobras, Jean Paul Prates, stated on Wednesday night (13) that the guidance to retain the company's extraordinary dividends came from the government of Luiz Inácio Lula da Silva (PT).
Published on 03/14/2024 - 13h21
- Succession Process at Vale Had 'Nefarious Political Influence,' Says Board Member in Resignation Letter
The succession process at the mining company Vale was affected by manipulation, conflicts of interest, and personal agendas of its participants, said José Luciano Duarte Penido in his resignation letter to the company's board of directors. According to him, there is "nefarious political influence" in the debate.
Published on 03/13/2024 - 12h42
- Coat of Arms of Brazilian Cities Generally Value Economy over Nature
The coat of arms of more than 5,000 cities in Brazil can be "read" as a chronicle of Brazilians' relationship with the country's natural environments, suggests a new study. The bad news is that, to a large extent, this relationship is portrayed with predatory undertones: the vast majority of municipal symbols highlight lucrative crops, natural resource extraction, and livestock, while native species are rarely exalted.
Published on 03/12/2024 - 13h28
- Brazilian Workers' Earnings Experience Highest Increase since The Real Plan
Brazilian workers' earnings in 2023 saw the highest jump since the Real Plan, when the sharp decline in inflation from mid-1994 through 1995 led to a significant increase in purchasing power in the country.
Published on 03/11/2024 - 13h18
- Petrobras Loses $ 11 billion after Lower Dividend
Petrobras shares saw a sharp decline on Friday (8) following the release of the oil company's 2023 balance sheet, with lower profits and reduced dividend payments to shareholders.
Published on 03/11/2024 - 13h15
- Women Drive Increase in 'Sandwich Generation' and Participate Less in the Labor Market in Brazil
They are at least 575.2 thousand women in the country. They are part of a group of adults who care for both children and elderly parents, which often hinders or makes it impossible to enter the labor market.
Published on 03/07/2024 - 13h21
- ChatGPT Rinforces Stereotypes about Brazilian Women: Thin, Tanned, and Wearing Colorful Accessories
According to ChatGPT, the Brazilian woman is thin, with tanned skin, and wears colorful accessories. She occupies common scenarios in the foreign imagination about Brazil such as a tropical forest or the Leblon boardwalk, in front of the Sugarloaf Mountain, in Rio de Janeiro.
Published on 03/07/2024 - 13h17