New network security protocols imposed on generation and transmission companies by Brazil’s national grid operator ONS are fueling an already growing market of cybersecurity and data protection supplying the power sector.

“In the last three or four years, with the expansion of industry 4.0, companies in the electricity sector have been modernizing their structures, especially regarding automation. But there is still much to be done. And with the new ONS requirements, that demand has increased even more,” Mario Lopes, commercial and alliance director at cybersecurity solutions integrator Secureway, told BNamericas.

By Bnamericas.

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SoftBank-backed Brazilian crypto exchange Mercado Bitcoin is set to enter the Mexican market by the end of the year, as part of a plan to expand elsewhere in Latin America, its chief executive told Reuters.

“Certainly, in the second half of the year we start operating in Mexico,” Mercado Bitcoin’s CEO, Reinaldo Rabelo, said in an interview, adding that talks for regulatory approval in the country are in their final stages.

Rabelo said the move will be done through an acquisition, mirroring the way Mercado Bitcoin’s holding company 2TM entered Portugal earlier this year when it bought Lisbon-based exchange CriptoLoja.

Reporting by Paula Arend Laier; Writing by Peter Frontini; Editing by Chizu Nomiyama via Reuters

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  • Deal would be company’s third-largest after Whole Foods, MGM
  • One Medical operates medical clinics in markets across the US

Amazon.com Inc. announced it would buy primary-care company One Medical for $18 a share, the latest move by the e-commerce giant to muscle into the healthcare market.

The all-cash transaction has an equity value of $3.49 billion.

One Medical, whose parent is called 1Life Healthcare Inc., operates 182 medical offices in 25 markets in the US. Customers pay a subscription fee for access to its physicians and round-the-clock digital health services.

“We think healthcare is high on the list of experiences that need reinvention,” said Neil Lindsay, the senior vice president leading Amazon’s healthcare push.

Amazon in recent years has launched an online drug store, following its acquisition of mail-order pharmacy PillPack Inc., and started a primary-care clinic for its employees and some other companies, among other health-focused initiatives. The One Medical deal would be Amazon’s third-biggest acquisition, trailing only its purchases of organic grocer Whole Foods Market and film studio Metro-Goldwyn-Mayer.

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From the Rio Grande to Tierra del Fuego, Simpson Thacher has built a powerful practice serving clients throughout Latin America, starting in the 1970s and ’80s, when they advised clients on sovereign lending and restructurings. Over time, they solidified their position as a market leader in corporate transactions that involved both Latin American companies and sovereigns, as well as their traditional multinational client base.

Already an acknowledged legal pacesetter in Brazil and Latin America, the Firm opened an office in São Paulo in 2009 to build on their commitment to the region and enhance their ability to support their clients.  Their local presence in São Paulo, together with their multilingual team’s deep transactional experience and familiarity with local culture and practices, enable them to optimize representation of their clients in the region on their most important and complex matters.

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Foram anunciadas 735 transações no período de Janeiro a Junho de 2022, com uma redução de 2,3% em relação ao mesmo período do ano passado. Incertezas globais, combinadas com cenário desafiador interno, afetaram o volume de operações. Mercado de Capitais também ficou restrito e observou-se follow-ons de operações maduras em setores mais resilientes.

Em Junho de 2022 foram anunciadas 94 transações, número 19,6% inferior ao mesmo mês de 2021 (117) e, somando-se as 641 anunciadas entre Janeiro e Maio, registraram-se 735 transações acumuladas no ano, com redução de 2,3% no período em relação ao mesmo período em 2021 (752 transações). É o quarto mês consecutivo onde observamos redução no número de operações de M&A.

Os setores de maior atividade continuam sendo associados, direta ou indiretamente, a tecnologia, serviços financeiros (onde tecnologia também está fortemente presente), serviços (B2B e B2C), logística, energia e produtos de consumo. Destaque também a ser dado aos setores de educação e saúde, que continua apresentando movimento de consolidação. Observamos uma retração das atividades de M&A no setor de varejo.

By Kroll

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The exchange of goods between Brazil and the United States reached a new record in the first half of 2022, the American Chamber of Commerce (Amsam Brazil) revealed today (15). According to the organization, trade between the two countries during the period totaled 42.7 billion US dollars, an increase of 43.2% compared to the first half of last year. The full report is available at this link.

Bilateral trade continued to heat up in the first half of the year. The increase in international prices and, to a lesser extent, demand for products important to the bilateral agenda led to unprecedented values ​​in Brazilian imports and exports relative to the United States.”, said the Executive Vice President of Aspect Brazil. Abram Neto.

On the side of Brazilian imports from the United States, the volume handled reached US$25 billion in the first half, an increase of 52.4%. This result was particularly influenced by the purchase of fuels and energy products such as oil products, natural gas, crude oil and coal. In total, these products account for 43.7% of total Brazilian imports.

By Wallace Holt via SIV Telegram Media 

Argentine online marketplace MercadoLibre Inc said on Monday it received a private financing line of $233 million from Goldman Sachs to expand its credit offer in Brazil and Mexico.

The company intends to, through its lending unit Mercado Credito, increase its loan offers to individuals and small and medium-sized companies in both countries.

Of the total figure, $106 million will be destined for Brazil and $127 million for Mexico, MercadoLibre said in a statement.

Reporting by Alberto Alerigi Jr.; Writing by Peter Frontini; Editing by Sam Holmes by Reuters via U.S. News & World Report

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The euro and the U.S. dollar are equal for the first time in 20 years, as Russia threatens to cut off gas to the west and inflation rates soar, sparking fears of a European recession.

The euro slipped as low as around $1.00005 Tuesday morning, but has since inched up to $1.0061.

Greg McBride, chief financial analyst with the New York financial company Bankrate, told Forbes the effect on imports and exports will be relative, increasing the cost of American goods sold in Europe while making European goods cheaper in the U.S., helping to ease the effect of rising inflation.
“Going to Europe looks a lot cheaper to Americans compared to last summer,” Moody’s Analytics chief economist Mark Zandi told USA Today on Tuesday, noting a stronger dollar can offset the cost of rising airfare by 10% to 20%.
By Brian Bushard via Forbes

Shell said on Monday it has invested $40 million into a Brazilian preservation-focused company.

Carbon credit developer Carbonext runs preservation projects across more than 2 million hectares (4.9 million acres) of the Amazon Forest that are owned by companies seeking to capitalize on the carbon market.

Carbonext then generates carbon credits that can be sold. Shell will now have preferential access to the company’s carbon market, although will not receive discounted prices.

Reporting by Rafaella Barros; Writing by Carolina Pulice; Editing by Christian Schmollinger via Reuters

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Corrente de comércio, que serve como termômetro para a atividade econômica, avançou 22,6% ante junho de 2021

A balança comercial brasileira registrou superávit de US$ 8,813 bilhões em junho. O número é 15,4% menor que o saldo do mesmo mês do ano passado.

Os números foram divulgados pelo Ministério da Economia apenas nesta sexta-feira (1º). A corrente de comércio, que serve como termômetro para a atividade econômica, avançou 22,6% ante junho de 2021. No total, a soma das exportações e importações brasileiros foi US$ 56,536 bilhões.

As exportações brasileiras avançaram 15,6%, totalizando US$ 32,675 bilhões em junho. Esse resultado foi puxado, principalmente, por uma alta de 38,5% na exportação de produtos da Indústria de Transformação brasileira. O setor da Agropecuária avançou 30,4%. Já a venda de produtos da Indústrias Extrativa recuou 24,3% no mês.

Por Anna Russida, via CNN

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The board of directors of Brazil’s Petrobras (PETR4.SA) elected Caio Paes de Andrade as its new chief executive on Monday, as a messy management transition at the state-run oil company inches toward conclusion.

Andrade, a former economy ministry official, was also voted onto the company’s board ahead of his election as CEO, the company said in a securities filing, a move required under Petrobras bylaws.

Andrade had been tapped by Brazilian President Jair Bolsonaro last month to run the firm and is set to replace Chief Exploration and Production Officer Fernando Borges, who took over as interim CEO after Jose Mauro Coelho resigned earlier this month. read more

Coelho, as well as his two predecessors, were brought down after clashes with Bolsonaro over the company’s fuel pricing policy. The far-right president’s popularity has taken a beating due to rising diesel and gasoline prices and high inflation.

By Rodrigo Viga Gaier and Rafaella Barros via Reuters

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