The turnover of small and medium-sized companies with online sales grew 118% between February and August this year compared to the same period in 2019. Sales volume in the same period increased by 98%. According to the study, the closure of shops due to the Coronavirus pandemic has accelerated the process of digitalisation of these businesses.
Brazil’s recovery from the stronger effects of the pandemic was faster than expected, according to S&P. The agency revised its GDP projection from -7% to -5.8%, while keeping the estimate for 2021 at 3.5%. In a report, S&P says three factors have accelerated the recovery: strong monetary and fiscal stimulus, lax social isolation measures and solid Chinese demand.
Source: Valor Investe
The partnership between the National Confederation of Industry (CNI) and Caixa has already accelerated the release of R$11.35 million ($2 mm) in 57 credit operations for micro and small industries. CNI hopes that these micro and small entrepreneurs in the industry will take the lead in the dispute for resources in the third phase of the Pronampe, which will have an additional R$2.59 billion ($470 mm).
Source: 6 Minutos
Latam, in the process of judicial reorganisation in the United States, sent a statement to the U.S. Securities and Exchange Commission informing that it signed a DIP agreement – a financing model that gives preference to those who helped the company in times of difficulty – to raise $2.4 bn with creditors and shareholders.
Source: Isto É
Golar Power Distribuidora will promote a public call for the acquisition of 5 million m³/day of biomethane from national and international producers. The announcement will be announced in a webinar today, 01/10, at 10h30, with the participation of CIBiogás and Abiogás and with the participation of BR Distribuidora and Alliance GNLog.
Source: Energia Hoje