Rachel Gamarski

São Paulo

Editor for Latin America and Reporter at Bloomberg News

Bloomberg Global Business in Brazil. All opinions my own. @business

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Articles

Aire acondicionado a mitad de precio impulsa el auge de marcas chinas en Brasil

1 day ago | bloomberg.com | Rachel Gamarski |Barbara Nascimento |Fernando Travaglini

Cuando Lucas Silva Ferreira necesitaba un nuevo aire acondicionado para refrescar su casa de Río de Janeiro en el sofocante calor de febrero, optó por un modelo chino en lugar de marcas más conocidas como LG o Whirlpool. Ferreira pagó solo 2.300 reales (unos US$400) por su nuevo aparato de Hisense Home Appliances Group Co., frente a los 4.100 reales que costaba un modelo similar de la surcoreana LG Electronics Inc.
Half-Price Air Conditioners Spur Brazil Frenzy for China Brands

1 day ago | news.bloombergtax.com | Rachel Gamarski |Barbara Nascimento |Fernando Travaglini

When Lucas Silva Ferreira needed a new air conditioner to cool his Rio de Janeiro home in the sweltering February heat, he decided to go with a Chinese model instead of old standbys like LG or Whirlpool. Ferreira paid just 2,300 reais (about $400) for his new unit from Hisense Home Appliances Group Co., compared with about 4,100 reais for a similar air conditioner made by South Korea’s LG Electronics Inc.
Marcas chinesas fazem ofensiva em eletroeletrônicos no Brasil

1 day ago | bloomberg.com | Rachel Gamarski |Barbara Nascimento |Fernando Travaglini

Quando Lucas Silva Ferreira precisou de um novo ar-condicionado para sua casa no calor escaldante do Rio de Janeiro em fevereiro, ele decidiu comprar um modelo chinês em vez de uma marca mais conhecida. Ferreira pagou R$ 2,3 mil pelo novo aparelho da Hisense Home Appliances Group, em comparação com cerca de R$ 4,1 mil por um ar-condicionado similar fabricado pela sul-coreana LG.
Half-Price Air Conditioners Are Sparking Frenzy for China Brands in Brazil

1 day ago | financialpost.com | Rachel Gamarski |Barbara Nascimento |Fernando Travaglini

Advertisement 1When Lucas Silva Ferreira needed a new air conditioner to cool his Rio de Janeiro home in the sweltering February heat, he decided to go with a Chinese model instead of old standbys like LG or Whirlpool. Article content(Bloomberg) — When Lucas Silva Ferreira needed a new air conditioner to cool his Rio de Janeiro home in the sweltering February heat, he decided to go with a Chinese model instead of old standbys like LG or Whirlpool.
Half-Price Air Conditioners Spur Brazil Frenzy for China Brands

1 day ago | news.bloomberglaw.com | Rachel Gamarski |Barbara Nascimento |Fernando Travaglini

When Lucas Silva Ferreira needed a new air conditioner to cool his Rio de Janeiro home in the sweltering February heat, he decided to go with a Chinese model instead of old standbys like LG or Whirlpool. Ferreira paid just 2,300 reais (about $400) for his new unit from Hisense Home Appliances Group Co., compared with about 4,100 reais for a similar air conditioner made by South Korea’s LG Electronics Inc.
Half-Price Air Conditioners Are Sparking Frenzy for China Brands in Brazil

1 day ago | bloomberg.com | Rachel Gamarski |Barbara Nascimento |Fernando Travaglini

Shoppers browse appliances at the Midea booth at the Casas Bahia megastore in Sao Paulo. (Bloomberg) -- When Lucas Silva Ferreira needed a new air conditioner to cool his Rio de Janeiro home in the sweltering February heat, he decided to go with a Chinese model instead of old standbys like LG or Whirlpool.
Azul’s Financial Overhauls Do Little to Quell Market Worries (1)

5 days ago | news.bloombergtax.com | Giovanna Azevedo |Rachel Gamarski |Martha Beck

Brazilian airline Azul SA has cut deals with lessors, exchanged its debt and raised hundreds of millions in fresh cash in the past year in a bid to turn around its ailing finances. And yet, its efforts have done little to build confidence: Dollar bonds issued just months ago have lost more than a third of their value. The stock has slumped about 89% in the past year.
Toilet Paper Supply Under Potential Risk From Trump Tariffs (2)

5 days ago | news.bloombergtax.com | Dayanne Sousa |Beatriz Reis |Rachel Gamarski

It wasn’t that long ago that the pandemic snarled shipments of toilet paper the world over. Now, US President Donald Trump’s tariffs are threatening disruption once again. Suzano SA is the world’s largest exporter of pulp — the raw material for products including bath tissue. The company has seen that export levies have led to a decline in shipments of the product from Brazil to the US, Chief Executive Officer João Alberto de Abreu said in an interview.
Azul’s Financial Overhauls Do Little to Quell Market Worries

5 days ago | bloomberg.com | Giovanna Azevedo |Rachel Gamarski |Martha Beck

An Azul Airlines passenger aircraft prepares to land in in Rio de Janeiro. (Bloomberg) -- Brazilian airline Azul SA has cut deals with lessors, exchanged its debt and raised hundreds of millions in fresh cash in the past year in a bid to turn around its ailing finances. And yet, its efforts have done little to build confidence: Dollar bonds issued just months ago have lost more than a third of their value. The stock has slumped about 89% in the past year.
Piruetas financieras de la brasileña Azul no calman a los inversionistas

5 days ago | bloomberg.com | Giovanna Azevedo |Rachel Gamarski |Martha Beck

La aerolínea brasileña Azul SA quiere sanear sus finanzas. Para eso ha cerrado acuerdos con arrendadores, ha renegociado su deuda y ha recaudado cientos de millones de dólares en efectivo durante el último año. Sin embargo, estos esfuerzos no le han permitido recobrar la confianza del mercado: sus bonos en dólares emitidos hace solo unos meses han perdido más de un tercio de su valor. Las acciones han caído alrededor de un 87% en el último año.