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01/24/17 Brazilian coffee accounts for 31.3% of global production

The coffee harvest in Brazil may reach 47.51 million bags of 60 kg this year. If the value is confirmed, the country will have accounted for 31.3% of global output. The information, supplied by the Brazilian Agricultural Research...

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01/24/17 Brazil stocks at highest in nearly 5 years on rising commodities

Brazilian stocks hit a nearly five-year high on Tuesday as rising prices of commodities boosted shares of miner Vale SA and state-controlled oil company Petrobras. Shares of Vale, the world's largest iron ore producer, rose to...

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01/24/17 Interesse por mercado livre de energia ganhou força em 2016

A migração de empresas para o mercado livre de energia teve crescimento expressivo em 2016. Segundo dados da Câmara de Comercialização de Energia Elétrica – CCEE, o número de pedidos de adesões aprovados foi 25 vezes superior a...

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01/24/17 Brazil's external deficit shrinks in 2016, covered by FDI

Brazil's central bank recorded a current account deficit of $23.507 billion in 2016, shrinking from the previous year and covered entirely by the $78.9 billion in foreign direct investment that flowed into the country, central...

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01/23/17 Uber invests R$200m in tech support center in Brazil

Transportation services company Uber has announced a multimillion-dollar investment in the launch of a new facility that will provide technical support to its customers and drivers in Brazil. A R$200m ($63m) boost to the...

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01/23/17 After Davos, Meirelles believes in further growth for Brazil

Finance Minister attended the World Economic Forum in Switzerland and felt that reforms made by the government generated "great interest" from international investors. The "great interest" shown by international investors during...

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01/20/17 Brazil: A look into Latin America’s largest startup ecosystem

In September 2012, Forbes published a lengthy feature heralding Brazil’s arrival as “one of the most entrepreneurial countries in the world.” At the time, the South American giant had been powering through a global recession,...

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01/20/17 Kirin mulling sale of Brazilian beer business

Japanese beer maker Kirin Holdings Co. Ltd. (2503.TO) said Friday that it is mulling the sale of its money-losing beer business in Brazil to others, including Heineken. "We are considering a strategic alliance with other...

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01/19/17 Brazil real strengthens as central bank increases intervention

The Brazilian real strengthened on Thursday after the central bank increased market intervention to support the currency. The central bank sold $750 million worth of traditional currency swaps, which function like dollar sales...

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01/19/17 Brazil says not worried about strong dollar as rate cuts intensify

Brazil is not concerned about a strong dollar as prospects of an economic recovery and higher commodity prices have helped support the local currency, Finance Minister Henrique Meirelles and central bank governor Ilan Goldfajn...

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01/18/17 Faturamento do franchising brasileiro atinge R$ 150 bilhões em 2016

O faturamento do franchising brasileiro chegou a R$ 150 bilhões no ano passado – um crescimento de 8% em relação a 2015 –, segundo dados divulgados ontem pela Associação Brasileira de Franchising (ABF). Os dados são de um...

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01/18/17 Uber to invest more than $60 million in Sao Paulo support center

Ride-hailing service Uber inaugurated a support center in Brazil's biggest city on Tuesday with plans to invest 200 million reais ($62 million) and create 2,000 jobs, underscoring an aggressive growth strategy in Latin America's...

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01/17/17 Protectionism is good for no-one: Brazil finance minister

"Protectionism, at the end of the day, is good for no-one," Brazilian Finance Minister, Henrique Meirelles, told CNBC on Monday in Davos, Switzerland, reflecting on whether President-elect Donald Trump's promises to rip up trade...

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01/17/17 Brazil a 'cornucopia of possibilities' in spite of political upheaval, rate cuts

Brazil's turbulent 2016 — in which the country played host to a troubled Olympics as corruption scandals swirled around impeached President Dilma Rousseff and her successor, Michel Temer — would normally be enough to scare off...

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01/17/17 Brazil IT spend set to grow in 2017

The Brazilian IT industry is predicted to grow by 3.3 percent and generate revenues of R$76,1 million ($23,4 million) in 2017, according to an annual trends survey by Brazilian analyst firm IT4CIO. The survey on technology...

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01/17/17 Brazilian coffee output fall in 2017 'may keep prices firm'

A retreat in Brazilian production this year "may keep coffee prices firm", Cepea said, flagging expectations that the drop in output may be as much as 20-30%. The research institute said that while Brazil and Colombian output is...

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01/17/17 Brazilian Real ETF (BZF) Hits New 52-Week High

For investors seeking momentum, WisdomTree Brazilian Real Strategy Fund BZF is probably on their radar now. The fund just hit a 52-week high and is up roughly 46.5% from its 52-week low price of $12.09/share. But are more gains...

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01/13/17 Market forecasts 2.3% GDP growth for 2018

The financial market is projecting a sharp increase in GDP growth for the country next year. Data from the Focus bulletin, released on Monday (9) by the Central Bank shows that analysts have reversed predictions and are now...

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01/13/17 Retail sales grow 2%, breaks series of downturns

Retail trade has begun showing stronger signs of recovery. Sales increased by 2% from October to November, interrupting four straight months of decline in the indicator. The result is also the best for a month of November since...

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01/13/17 How to Spend 10 Days Traveling in Rio de Janeiro

Like a lot of places, ten days is not enough to experience all that Rio de Janeiro has to offer. Yet with some planning and good weather, it is possible to hit the highlights and still not have to rush too much. The first thing...

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