In April, Brazil’s Producer Price Index (IPP) experienced a notable rise of 0.74%. This marked the third consecutive month of gains, signaling subtle yet significant shifts in the country’s industrial landscape. Despite a previous year’s overall decline of 3.08%, April’s increase contributed to a modest annual growth of 0.99%. Brazil’s Producer Price Index (IPP) tracks […]
Related Posts
Dollar Edges Up to R$4.99 Amid Global Financial Shifts, Maintains Weekly Stability
On Friday, the dollar saw a modest increase against the Brazilian real, responding to easing measures by European central banks. This made the American currency more attractive. Now, eyes are on the U.S. for its upcoming economic and inflation updates. The dollar climbed 0.38% to R$4.9986, holding steady week-over-week despite briefly topping R$5. Its rise […]
Ecopetrol Faces Leadership Tensions Amid Petro’s Green Shift
Ecopetrol SA, Colombia’s state-owned oil company, is at a crossroads as board members question President Gustavo Petro’s nominee choices amid his push for greener policies. Governance Committee voices concerns: Petro’s nominees lack requisite experience for board roles among the company’s proposed candidates. This standoff reflects wider debates over Petro’s ambition to reduce Colombia’s fossil fuel […]
Bayer crop spinoff would be tricky but bountiful
Bayer’s new CEO may be considering some valuable crop rotation. The 49 billion euro seed-to-drug maker’s shares rallied 3% on Monday after a Friday report by German news service Platow Brief said the company may spin off its troubled crop science division. For new boss Bill Anderson, the numbers certainly work. Bayer’s component parts, valued […]