multinational diversified metals and mining corporation
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Vale Q1 2024: Decent Results And Surprise With Provisions: Vale's 1Q24 results met expectations, but the surprise was its provision guidance ...
seekingalpha.com/article/4686676-vale-1q24-decent-results-and-surprise-with-provisions
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Quick Glance: Vale Q1 2024: Solid Results and Surprise in Provisions
- Vale S.A.'s business has become more attractive after the results of the 1Q24. The shift of Chinese economic growth to new sectors like electric cars and renewable energy favors the company due to its high-quality iron ore.
- Despite the macroeconomic scenario impacted by the drop in iron ore prices in the 1Q, Vale achieved an adjusted pro forma EBITDA of $3.3 billion. Revenues were in line with expectations, having to deal with lower iron ore prices and seasonal influences.
- Iron ore production volumes have been improving despite the price decline, signaling a positive trend. The business costs are competitive, and Vale's debt structure remains stable. However, provisions due to uncertainties are a risk factor for the company.
- Although net income decreased compared to the previous year, Vale achieved a strong free cash flow. The company's valuation remains attractive as it is significantly discounted compared to its peers and has solid business prospects.
Vale expects to reach final agreement for Mariana dam reparations in first half of year
reuters.com/world/americas/vale-expects-reach-final-agreement-mariana-dam-reparations-first-half-year-2024-04-25/
Quick Glance: Vale expects final agreement for Mariana dam reparations by first half of year
- Mining company Vale aims to achieve a final agreement with authorities for reparations for the collapse of the Samarco tailings dam by the end of the first half of this year.
- The mining companies have proposed a new agreement to the federal government and the states of Minas Gerais and Espirito Santo.
- Despite an improvement from the previous proposal of 42 billion reais, the amount is still considered inadequate.
- Vale, BHP, and Samarco have not confirmed the submission of a new proposal but stress their commitment to finding a solution for the reparations.
Vale (VALE3 BZ) Iron Ore Production Tops Estimates in 1Q: Vale SA, the Brazilian mining giant, produced more iron ore than expected in its first quarter better ...
bloomberg.com/news/articles/2024-04-16/vale-s-iron-ore-output-tops-estimates-on-mine-performance
Wednesday’s Morning Call: Evaluating Economic Activity and Dollar Trends: Today, financial observers are closely monitoring two key developments: the rising ...
riotimesonline.com/wednesdays-morning-call-evaluating-economic-activity-and-dollar-trends/
Benjamin Nugent: 'The Vale of Cashmere': A short story
theatlantic.com/culture/archive/2024/04/benjamin-nugent-vale-cashmere/678039/
Carrie Fisher, 'Postcards From the Edge': Most quotable Hollywood book: 'Postcards From the Edge' is ranked no. 15 on our list of the best Hollywood books of all ...
latimes.com/entertainment-arts/books/story/2024-04-08/carrie-fisher-postcards-from-the-edge-no-15-best-hollywood-books
Ibovespa Rallies on Positive Inflation Signals: On Friday, the Ibovespa, Brazil's main stock index, soared, marking a significant upturn in its trajectory
riotimesonline.com/ibovespa-rallies-on-positive-inflation-signals/
Friday’s Morning Call: Market Watch on Inflation and Vale Dynamics: This week, the Brazilian and U.S. financial markets brace for pivotal updates that could sway ...
riotimesonline.com/fridays-morning-call-market-watch-on-inflation-and-vale-dynamics/
Market Tensions Reflect in Ibovespa’s Minor Decline: In a day marked by mixed economic signals and internal corporate news, the Ibovespa index closed down ...
riotimesonline.com/market-tensions-reflect-in-ibovespas-minor-decline/
Vale S.A. 2024 Q1 - Results - Earnings Call Presentation: The following slide deck was published by Vale S.A. in conjunction with their 2024 Q1 earnings call.
seekingalpha.com/article/4686112-vale-s-2024-q1-results-earnings-call-presentation
Paid articlePaid Thursday’s Morning Call: U.S. GDP and Corporate Updates Stir Financial Scene: Today's financial market vibrates with intense anticipation as the U.S ...
riotimesonline.com/thursdays-morning-call-u-s-gdp-and-corporate-updates-stir-financial-scene/
Vale Faces Challenges Yet Holds Steady in Q1: In the vast landscapes of Brazil, where nature’s bounty runs as deep as the mines of Pará, Vale stands as a titan.
riotimesonline.com/vale-faces-challenges-yet-holds-steady-in-q1/
Wednesday’s Morning Call: Focus Shifts to Major Corporate Earnings: In today’s financial landscape, even a quiet day on the economic calendar does not diminish ...
riotimesonline.com/wednesdays-morning-call-focus-shifts-to-major-corporate-earnings/
Ibovespa Climbs Amid Global Earnings Season: Following recent fluctuations, the Ibovespa found its footing, ending the day up by 0.36% at 125,574 points
riotimesonline.com/ibovespa-climbs-amid-global-earnings-season/
Helsby: Work set to start again on stalled affordable housing scheme: The affordable housing scheme in Helsby had stalled after the construction company building ...
chesterstandard.co.uk/news/24260264.work-set-start-stalled-affordable-housing-scheme/
South Wales Record Store Day - Newport, Cardiff & Ebbw Vale: WITH Record Store Day nearly upon us we take a look at the South Wales venues taking part in the ...
southwalesargus.co.uk/news/24253154.south-wales-record-store-day---newport-cardiff-ebbw-vale/
Ibovespa Ekes Out Minor Gain, Halting Seven-Day Losing Streak: The Ibovespa, Brazil's primary stock index, narrowly avoided a seventh straight day of losses ...
riotimesonline.com/ibovespa-ekes-out-minor-gain-halting-seven-day-losing-streak/
Vale: How The Company Fits Into China's New Economy: Vale has strong competitive advantages with high-quality iron ore amid China's need to decarbonize ...
seekingalpha.com/article/4684258-vale-how-the-company-fits-into-chinas-new-economy
Paid articlePaid Vale's Failures Don't Make It Uninvestable: Vale S.A. has an impressive portfolio of assets that the company can use to generate comfortable shareholder returns ...
seekingalpha.com/article/4683823-vale-failures-dont-make-it-uninvestable
Paid articlePaid Ibovespa Slides Downward Amid Global Risk Aversion, Dollar Strengthens: On a bleak Friday, the Brazilian stock market, marked by the Ibovespa index ...
riotimesonline.com/ibovespa-slides-downward-amid-global-risk-aversion-dollar-strengthens/
Ibovespa Faces Decline Amid Mixed Global Signals: In a day marked by global economic uncertainties and mixed signals, Brazil's Ibovespa closed with a ...
riotimesonline.com/ibovespa-faces-decline-amid-mixed-global-signals/
Dollar Dips to R$5 Ahead of U.S. Inflation Data: Today, the dollar saw a decline, settling back to R$5, continuing the downward trend observed in the previous ...
riotimesonline.com/dollar-dips-to-r5-ahead-of-u-s-inflation-data/
Brazil’s Market Rises, Unswayed by U.S. Uncertainty: In a stark display of market resilience, Brazil's Ibovespa index surged by 0.80% ...
riotimesonline.com/brazils-market-rises-unswayed-by-u-s-uncertainty/
Brazil’s Ibovespa Index Surges, Led by Vale’s Performance: The Ibovespa, Brazil's primary stock market index, concluded its day on a high note, gaining 2 ...
riotimesonline.com/brazils-ibovespa-index-surges-led-by-vales-performance/
Companhia Siderúrgica Nacional: Competition, Low Margins And High Leverage: Given the capital-intensive nature of the sector, Companhia Siderúrgica Nacional ...
seekingalpha.com/article/4682519-companhia-siderrgica-nacional-competition-low-margins-and-high-leverage
Paid articlePaid Vale faces $3.8 billion claim in Dutch case over Brazil Mariana dam break: Victims of the 2015 Mariana dam break in Brazil are seeking about 3 billion pounds ($3 ...
reuters.com/world/americas/vale-faces-38-billion-claim-dutch-case-over-mariana-dam-break-2024-03-19/
Quick Glance: Environmental Disaster Triggers £3bn Lawsuit Against Vale
- Vale and BHP face a new class action lawsuit over a severe environmental disaster in Brazil.
- In the Netherlands, Vale is confronted with a £3 billion lawsuit from 77,000 claimants stemming from the 2015 Mariana dam collapse.
- The lawsuit in the Netherlands is filed by law firms Pogust Goodhead and Lemstra Van der Korst against Vale SA and Samarco Iron Ore Europe.
- Pogust Goodhead has obtained an 'asset attachment' over shares in Vale Holdings BV based in Amsterdam, preventing the subsidiary from distributing dividends or selling stocks.
Ibovespa Dips Slightly in Varied News Climate: The Brazilian stock market saw modest activity but ended with a small drop in Ibovespa, down 0.05% to 126,863.02
riotimesonline.com/ibovespa-dips-slightly-in-varied-news-climate/
Brazil’s Ibovespa and Dollar Surge: Economic Optimism Grows: Brazil's Ibovespa closed up for the second day, gaining 0.33% to hit 128,106 points ...
riotimesonline.com/brazils-ibovespa-and-dollar-surge-economic-optimism-grows/
Vale CEO to Keep Job Through December as Miner Seeks Successor: Vale SA Chief Executive Officer Eduardo Bartolomeo will retain his job through December while one ...
bloomberg.com/news/articles/2024-03-09/vale-ceo-to-keep-job-through-december-as-miner-seeks-successor
Paid articlePaid Ibovespa Rises Amidst Diverse Stock Performances: Ibovespa index rose 0.45% to 127,528.85 points, reflecting New York's calm yet anticipative market ...
riotimesonline.com/ibovespa-rises-amidst-diverse-stock-performances/
Fortescue (FMG) Turns Big Loser Against BHP, Rio Tinto: Iron ore behemoth Fortescue Ltd.’s months-long stock rally suffered a big pullback in February as ...
bloomberg.com/news/articles/2024-03-03/fortescue-stock-turns-big-loser-against-bhp-rio-tinto-thanks-to-china-slump
Vale Board Member Resigns Over Political Influence in CEO Search: The succession turmoil at Vale SA, the world’s second-largest iron ore producer ...
bloomberg.com/news/articles/2024-03-12/vale-board-member-resigns-over-political-influence-in-ceo-search
Ibovespa Sees Minor Gain Amid Market Anticipation: The Ibovespa ended with a slight gain after a volatile session, influenced significantly by Vale and ...
riotimesonline.com/ibovespa-sees-minor-gain-amid-market-anticipation/
Opinion: Lula Seeks Greater Control Over Major Companies: (Opinion) Brazilian President Luiz Inácio Lula da Silva recently expressed his view that private ...
riotimesonline.com/opinion-lula-seeks-greater-control-over-major-companies/
Ibovespa Climbs, Led by Vale and Petrobras; Casas Bahia Faces Sharp Decline: Global market optimism propelled Ibovespa, with Vale and Petrobras driving ...
riotimesonline.com/ibovespa-climbs-led-by-vale-and-petrobras-casas-bahia-faces-sharp-decline/
State-fueled growth: Lula's risky plans for Brazil's economy: The Brazilian government under President Lula da Silva wants to expand the role of the state in the ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/staatlich-angeheiztes-wachstum-lulas-riskante-plaene-fuer-brasiliens-wirtschaft-19620480.html
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Two Duncan bus shelters ‘misused’ by homeless to be removed: CVRD staff say they’ve received ongoing complaints of loitering and drug and alcohol use in the two ...
timescolonist.com/local-news/two-duncan-bus-shelters-misused-by-homeless-to-be-removed-8561765
Man caught growing 415 cannabis plants at Ebbw Vale house: Man caught growing 415 cannabis plants at terraced house in Ebbw Vale
southwalesargus.co.uk/news/24234109.man-caught-growing-415-cannabis-plants-ebbw-vale-house/
Brazil’s Ibovespa Dips in Contrast to US Market Optimism: On a Friday filled with optimism in the US, Wall Street indices climbed despite a stronger than ...
riotimesonline.com/brazils-ibovespa-dips-in-contrast-to-us-market-optimism/
Brazil's Vale says its Sossego copper mine operating license has been suspended: Brazilian miner Vale said on Wednesday it had received a letter from the State ...
reuters.com/markets/commodities/brazils-vale-says-its-sossego-mine-operating-license-has-been-suspended-2024-02-21/
Ibovespa’s Subtle Gains Amid Petrobras Uncertainty: Brazil's Ibovespa index witnessed slight gains, closing up only 0.09% at 127,427 points ...
riotimesonline.com/ibovespas-subtle-gains-amid-petrobras-uncertainty/
Dry Bulk Shipping Starts 2024 Strong - Here's Why And How Long It Might Last: Dry bulk shipping defies seasonal patterns with a strong start in 2024.
seekingalpha.com/article/4682107-dry-bulk-shipping-starts-2024-strong-heres-why-and-how-long-it-might-last
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Lack of ‘capacity-giver’ schools forces trust into merger: A six-school trust is set to join one of England’s biggest academy trusts after it found all nearby ...
schoolsweek.co.uk/lack-of-capacity-givers-forces-small-academy-trust-into-merger/
New facility will increase curbside organics collection in CVRD: The facility, to be built with $6 million in federal funds, will be located at Duncan’s Bings ...
timescolonist.com/local-news/new-facility-will-increase-curbside-organics-collection-in-cvrd-8545013
Wednesday’s Morning Call: Spotlight on Key Economic Agenda: Wednesday's morning call casts a light on pivotal economic data set to impact stock market ...
riotimesonline.com/wednesdays-morning-call-spotlight-on-key-economic-agenda/
Brazil’s Ibovespa Climbs Despite Global Markets’ Slide: On a notable Tuesday, Brazil's Ibovespa index defied global market trends by rising 0.4% to 127 ...
riotimesonline.com/brazils-ibovespa-climbs-despite-global-markets-slide/
Wales manager Rob Page gives firm verdict on future after Euro 2024 heartbreak: Wales fell to a heart-breaking 5-4 penalty shoot-out loss against Poland in their ...
mirror.co.uk/sport/football/news/rob-page-wales-manager-future-32449207
Quick Glance: Wales Misses Euro 2024 After Penalty Loss to Poland
- Wales missed out on a place in Euro 2024 in a heartbreaking manner, losing to Poland in penalties in Cardiff.
- After 120 minutes and nine successful penalties from both sides, Daniel James' decisive spot kick was saved by Wojciech Szczesny.
- Both teams fought hard for supremacy, with Poland showing more quality compared to Finland.
- Despite some chances on both ends, the game ended goalless, leading to Poland winning the penalty shootout to qualify for Euro 2024.
Pinnock and McWilliams on target as Cobblers sink struggling Port Vale: Mitch Pinnock and Shaun McWilliams were on target as Cobblers moved up to 56 points ...
northamptonchron.co.uk/sport/football/pinnock-and-mcwilliams-on-target-as-cobblers-sink-struggling-port-vale-4575734
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Miner BHP brings tail risks up to the surface: BHP boss Mike Henry has a simple point to make about nickel. On Tuesday, he was at pains to stress that mining and ...
reuters.com/breakingviews/miner-bhp-brings-tail-risks-up-surface-2024-02-20/
Man United 'target Port Vale striker' as the teenage talent scores stunning solo goal days after...
dailymail.co.uk/sport/football/article-13256735/Man-United-target-Port-Vale-striker-England-Sir-Jim-Ratcliffe-Jude-Bellingham-Kylian-Mbappe.html
Free family celebration of Spring is coming to The Vale in Mossley: A free celebration of Spring is coming to The Vale and Mossley Heritage Centre during the ...
oldham-chronicle.co.uk/news-features/139/main-news/155657/free-family-celebration-of-spring-is-coming-to-the-vale-in-mossley
Kaiwi Lyman Producing & Starring In Brazilian Feature ‘A Matter Of Choice’: Kaiwi Lyman's is starring in Brazilian romantic drama 'A Matter of ...
deadline.com/2024/03/kaiwi-lyman-matter-choice-brazil-1235867147/
Breakingviews - Anglo American can mine Vale for revamp ideas
reuters.com/breakingviews/anglo-american-can-mine-vale-revamp-ideas-2024-02-22/
Ibovespa Dips Below 127,000 Amid Varied Results: The Brazilian stock market, Ibovespa, closed slightly down on Monday, at 126,931 points ...
riotimesonline.com/ibovespa-dips-below-127000-amid-varied-results/
Mining star Fortescue turns biggest loser, thanks to China slump: The iron ore giant’s months-long stock rally appears to be over as investors turn sour on the ...
smh.com.au/business/companies/mining-star-fortescue-turns-biggest-loser-thanks-to-china-slump-20240304-p5f9jm.html
Brazilian Stocks Dip as Central Banks Stir Markets: On Thursday, the Ibovespa, Brazil's primary stock index, saw a decrease of 0.75%, settling at 128,158 ...
riotimesonline.com/brazilian-stocks-dip-as-central-banks-stir-markets/
Carvings discovered on rock walls in Brazil — then something prehistoric is revealed
miamiherald.com/news/nation-world/world/article286908935.html
Tuesday’s Morning Call: Markets Eye Economic Signals and Rate Decisions: This Tuesday's financial update continues Monday's mood, with markets focused ...
riotimesonline.com/tuesdays-morning-call-markets-eye-economic-signals-and-rate-decisions/
What good is the 380 euro notebook?: Unrivaled cheap: The German notebook manufacturer Vale only charges 350 euros for the V15E with 15 ...
computerwoche.de/a/was-taugt-das-380-euro-notebook,3698513
Ibovespa Rises with Petrobras Recovery: The Ibovespa, Brazil's leading stock index, finished the day higher on Tuesday, bolstered by a recovery in Petrobras ...
riotimesonline.com/ibovespa-rises-with-petrobras-recovery/
Vale: Why I'm Buying More Despite The Noise: Vale's investment thesis focuses on delivering shareholder returns amidst operational challenges and political noise ...
seekingalpha.com/article/4678186-vale-im-buying-more-despite-noise
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Why the Indonesian State Took Majority Ownership of PT Vale Indonesia: There has long been a desire in certain quarters to eventually move ownership of ...
thediplomat.com/2024/03/why-the-indonesian-state-took-majority-ownership-of-pt-vale-indonesia/
Paid articlePaid Ibovespa Sees Minor Drop as Vale Shares Fall; Cogna Surges Over 6%: On Tuesday, the Ibovespa marked a modest retreat, primarily dragged down by a fall in Vale's ...
riotimesonline.com/ibovespa-sees-minor-drop-as-vale-shares-fall-cogna-surges-over-6/
Opinion: Conflicting Messages from Lula and Haddad Blur Vision for Brazil’s Future
riotimesonline.com/conflicting-messages-from-lula-and-haddad-blur-vision-for-brazils-future/
Ibovespa Starts Week Lower, Blue Chips Weigh Down: The Ibovespa (IBOV) experienced a downturn at the start of the week, declining by 0.65% to 128,340.54 points ...
riotimesonline.com/ibovespa-starts-week-lower-blue-chips-weigh-down/
Week’s Highlights: Petrobras Earnings & U.S. Payroll: From March 4th to 8th, the economic scene spans Brazil and the U.S. In Brazil, the focus is on ...
riotimesonline.com/weeks-highlights-petrobras-earnings-u-s-payroll/
MIND ID to become largest single shareholder in Vale Indonesia for $300m - Companies - The Jakarta Post
thejakartapost.com/business/2024/02/26/mind-id-to-become-largest-single-shareholder-in-vale-indonesia-for-300m.html
How I Got Jake Paul, Red Bull, and Neil deGrasse Tyson to Take a Chance on My Marketing Company
inc.com/magazine/202403/sarah-lynch-/how-i-got-jake-paul-red-bull-neil-degrasse-tyson-to-take-a-chance-on-my-marketing-company.html
Ibovespa Gains Amid Challenges, Aided by Petrobras and Food Producers: The Ibovespa index started the week positively, overcoming a dip in Vale's shares and ...
riotimesonline.com/ibovespa-gains-amid-challenges-aided-by-petrobras-and-food-producers/
Vale’s Iron Ore Output Surges 15%: Vale has seen its iron ore production jump by 15% from November to January, outpacing the growth of the previous year.
riotimesonline.com/vales-iron-ore-output-surges-15/
Indonesia miner buys another 14% stake in Vale's local nickel unit: JAKARTA -- State-owned mining holding company Mineral Industri Indonesia will buy another 14% ...
asia.nikkei.com/Business/Markets/Commodities/Indonesia-miner-buys-another-14-stake-in-Vale-s-local-nickel-unit
MIND ID, Vale agree on price for planned divestment - Companies - The Jakarta Post
thejakartapost.com/business/2024/02/19/mind-id-vale-agree-on-price-for-planned-divestment.html
Brazil’s Ibovespa Eyes Breakthrough Amid Mixed Signals: The Ibovespa, Brazil's leading stock index, showcased resilience by closing higher this Tuesday ...
riotimesonline.com/brazils-ibovespa-eyes-breakthrough-amid-mixed-signals/
Brazil’s Ibovespa Faces Pre-Carnival Dip, Influenced by Key Stocks: Brazil's Ibovespa Faces Pre-Carnival Dip, significant shares like Vale (VALE3) ...
riotimesonline.com/brazils-ibovespa-faces-pre-carnival-dip-influenced-by-key-stocks/
Vale’s Board Advised to Consider Outside Candidates in Search for Next CEO: Vale SA should consider external candidates for the top job when Chief Executive ...
trib.al/CNV8B9U
Brazil Is on a Roll. 5 Stocks to Play.: Brazil’s central bank has slashed rates as inflation subsides. The boost to consumers and corporate borrowers should ...
barrons.com/articles/brazil-is-on-a-roll-5-stocks-to-play-c96a9a96
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