Highlights from Valor's print edition

12:00 AM (GMT -03:00) - Fri, Mar 13th 2020 MARKETSHaywire market forces coordinated Central Bank-Treasury action Unprecedented intervention comes after fiscal concerns resurface and add to coronavirus fears MARKETS Issuers change tone and start postponing share offerings BV, Daycoval, Caixa Seguridade and Irani are among companies deciding to wait as some banks say market could only reopen late in the year COMMENTARY Claudia SafatleA critical view of the authorities' intelligence Former Minister Delfim Netto says government should focus on measures to cut mandatory expenditures ECONOMYGhost of recession haunts Brazilian economy again BUSINESSGovernment prepares package to help airlines AGRIBUSINESSSoybean, corn growers take advantage of high prices to advance sales BUSINESSRIOGaleão optimistic about airport’s concession BRIEFS Caixa to make available R$50bn more to face crisis Caixa Econômica Federal’s CEO Pedro Guimarães said Thursday he will make available to business clients R$50 billion more in working capital lines as a preventive move. “It's an extra R$50 billion. We already had an expectation of R$100 billion [for the year], so it’s a 50% increase,” he said, adding that the amount could be higher if necessary. Earlier this week, both Caixa and Banco do Brasil made it clear they were ready to offer money to their customers if they needed them. The state-owned banks' move is the first economic policy tool to address the impacts of the worsening of the coronavirus crisis on the Brazilian economy. The government has been asked, especially by Congress, to tackle the economic crisis that is unfolding. The government already lowered official growth projection to 2.1 percent on Wednesday and the economic team has been trying to find short-term measures that will not affect the spending cap. Banks call for even lower reserve requirements Government open to deal for gradual expansion of BPC Organizers discuss postponing Lollapalooza and other major events Taesa expects M&A activity to heat up after turbulence EDP Brasil studying distributed-generation investments Oceana raises production with an eye on growing exports Ball Corporation buys aerosol-can maker Tubex for $80m