Data from the International Air Transport Association predicts nearly $ 30 billion in lost sales from flights due to the spread of the new coronavirus. In Brazil, companies are postponing their operations due to the impact of the Convid-19. Virgin Atlantic, for example, has postponed the start of its operations to October.
Santander bank will consider climate risk in their credit ratings. Last year, the bank’s Brazilian operation allocated 4.5 billion Reais ($ 1 billion) to finance renewable energy and participated in the issue of 6.6 billion Reais ($ 1,5 billion) in green bonds, which are debt securities linked to projects with low environmental impact.
Brazilian chicken meat exports grew 10% in February in comparison with the same period last year. Considering all products, between fresh and processed, sales totalled 348.4 thousand tons in the last month, against 316.7 thousand tons in the second month of 2019. February exports generated revenues of $ 553.8 million, a result 5.2% higher than the $ 526.4 million made in the same period last year.
The growth remained despite the fact that the Brazilian Central Bank sold $ 3 billion in currency swap. The dollar hit a historic record again this Thursday, reaching R$ 4.67 at the peak of the day, with the Brazilian currency battered along with other risk assets worldwide due to obstinate fears related to the coronavirus. The high is the 12th consecutive. Only in March the currency jumps 3.79% and shoots 15.90% in the accumulated of 2020.
The main index of the Brazilian stock exchange, B3 closed in a sharp drop on Thursday (5). The index retreated 4.65%, to 102 233 points, following the negative atmosphere in foreign markets, amid the volatility generated by the uncertainties about the effect of the coronavirus outbreak on global economic activity.