79% of Brazilians preferred to consume in local businesses during the pandemic, according to the study conducted by Mastercard. According to the data, 91% of those surveyed will continue this habit after the pandemic. Among Brazilian respondents, 64% are actively buying to help independent shops, 87% said that the last few months have made them more aware of those in need, and 88% said they feel a greater sense of community now.
Source: Money Times
Vale and state authorities reduced their gap in negotiations for a possible global deal to repair damage from the Brumadinho disaster to R$11 billion ($2.1 bn) before the talks ended unsuccessfully. Authorities in Minas Gerais had agreed to reduce the amount to be paid by Vale to R$40 billion ($7.5 bn), compared to R$54 billion ($10 bn) previously requested. Vale offered R$29 billion ($5.3 bn), which led to failure in the search for a settlement.
Source: UOL Economia
Over the course of 2020, the Secretary of State for Agriculture, Fisheries and Rural Development invested around R$51.4 million ($9.7 mn) in the Terra Boa Programme to support the purchase of maize seeds, limestone, improved pastures, beekeeping and soil cover. More than 71,000 rural producers were assisted in all regions of Santa Catarina.
Source: Portal do Agronegocio
One of the main ways out used by Brazilians in the face of the pandemic and social isolation were electronic games. Proof of this is that financial transactions made on major gaming platforms and consoles grew 140% in 2020 compared to 2019, according to a study by Visa cards. According to the company, there was also a 105% increase in the number of cards purchased for games or extensions between October 2019 and September 2020.
Source: Valor Investe
Omega Generation announced a share offering with secondary distribution of 24,479,998 papers, which it expects to price on the 28th. Considering the closing price of R$41.75 ($7.8) on the 22nd, the follow-on, which has Itaú BBA as coordinator, may move R$1.022 billion ($188 mn). The offer will have as selling shareholder the investment fund Bolt, managed by Santander, Caceis Brasil Distribuidora de Títulos e Valores Mobiliários S.A. and managed by Tarpon Gestora de Recursos S.A.
Source: Money Times