Declining rates benefit meatpackers while pressuring grain firms
/https://s2-valorinternational.glbimg.com/gnedKfagPgY_VEu8OeNyaw8B3hE=/1200x/smart/filters:cover():strip_icc()/i.s3.glbimg.com/v1/AUTH_37554604729d4b2f9f3eb9ad8a691345/internal_photos/bs/2021/V/X/pvNmRXTriATO5BegmRrQ/09agr-100-jbs-b12-img01.jpg "Commodity prices steer agribusiness company fortunes")
/https://s2-valorinternational.glbimg.com/fybHr5E4ZVbjWbAKk2tE8r8k7iQ=/1200x/smart/filters:cover():strip_icc()/i.s3.glbimg.com/v1/AUTH_37554604729d4b2f9f3eb9ad8a691345/internal_photos/bs/2024/0/h/dN6N1dTqiaokX9HpEBvw/93913936-loja-20magazine-20luiza-20magalu.-20foto-20divulga-c3-a7-c3-a3o.jpg "Magalu enters partnership with AliExpress to boost digital retail")
Rodrigo Agostinho, president of Brazil’s environmental protection agency IBAMA, addresses the political pressure on environmental licensing, emphasizing the technical nature of decisions
/https://s2-valorinternational.glbimg.com/CM9RX20l_xYGD33c6ww7rTsFHPs=/1200x/smart/filters:cover():strip_icc()/i.s3.glbimg.com/v1/AUTH_37554604729d4b2f9f3eb9ad8a691345/internal_photos/bs/2024/Q/Y/3eAlEaR2CN44ZAxwGV3w/107204638-pa-20-20bras-c3-adlia-20df-2006-06-2024-20entrevista-20exclusiva-20-20presidente-20do-20ibama-20rodrigo-20agostin.jpg "Petrobras is our primary client, environmental body says")
Local investors also grow wary, reducing dollar short positions
Company plans R$1.1bn in investments by the end of 2024 while carefully considering putting the Córrego do Sítio mine up for sale
Partnership includes two blocks in Rio Grande do Norte currently controlled by the Texas-based company
Magalu is the only remaining Brazilian retailer among leading groups with large marketplaces
Total for the first five months of the year still exceeds that of 2023
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New oil wells are not an option, warns Carlos Nobre
Brazilian climatologist, one of the most renowned scientists in the world, underscored the necessity of curbing fossil fuel use to avert worsening climate crises.
Read the interview