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09/29/16 Mexico's Femsa Inches Toward Controlling Brazil's Beverage Market After Billion-Dollar Acquisition

In a significant expansion into Latin America’s biggest economy, Coca-Cola FEMSA SAB (NYSE:KOF)– the largest public bottler of Coca-Cola products in the world by sales volume–has reached an agreement to buy Brazil’s Vonpar–one of...

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09/29/16 Brazil's Meirelles says wants spending cap approved this year

Brazil's government expects to approve a federal spending cap this year with few if any changes from its original proposal, Finance Minister Henrique Meirelles said on Thursday. Meirelles added that tax revenues are likely to...

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09/28/16 U.S. treasury secretary: Brazil poised to return to growth

U.S. Treasury Secretary Jack Lew on Tuesday began a brief official visit to Brazil, a country that he said is "poised to return to growth" after overcoming "the deepest recession in over 100 years." The first item on Lew's agenda...

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09/28/16 Multinational Oil Giant Shell Pledges More Investments in Brazil

Reiterating that there is a favorable investment climate in Brazil, the president of petroleum giant Royal Dutch Shell, Ben Van Beurden, told Brazil’s President Michel Temer of the company’s interest in maintaining and increasing...

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09/27/16 Brazil's Crazy Gasoline Prices Will Keep Petrobras Investors Happy

Petrobras director of oil and gas refining, Jorge Celestino, told Brazil’s Folha de São Paulo newspaper on Sunday that Brazil’s $4-plus per gallon price for unleaded gasoline was “just”. Brazilians pay between 30% and 40%more to...

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09/26/16 Oracle announces further investment in Brazil

Oracle is looking to double its datacenter capacity in Brazil with a new site planned for early 2017. The company has announced that it is looking for a location to build the new site to add to its existing datacenter, which is...

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09/26/16 JBS says Brazil beef exports to U.S. competitive despite tax

Brazilian fresh beef exports to the United States will be competitive even if subject to a 26.4 percent duty when shipped outside of a tax-free quota, Miguel Gularte, the head of JBS Mercosur, said on Friday. The official, who is...

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09/26/16 Brazilian Day Is Celebrated On Penn’s Landing

Brazilian Day gives Philadelphians a chance to take in the sights, sounds, and enticing aromas of Brazil. Adenilson Dos Santos, better known as Mestre Doutour, is the organizer of Brazilian Day and Project Capoeira, with a...

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09/26/16 Coca-Cola Femsa to Buy Brazilian Coke Bottler Vonpar

Mexican soft-drink bottler Coca-Cola Femsa SAB said Friday it has agreed to acquire Brazilian Coke bottler Vonpar, with which it will expand its size and reach in Latin America’s biggest economy. Coca-Cola Femsa, the world’s...

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09/23/16 Brazil urges India to broaden MERCOSUR presence

India should expand its commercial and multilateral footprints in South America, a senior Brazilian diplomatic source told The Hindu on Wednesday. Brazilian and Indian officials will hold talks on September 29 in Brasilia to find...

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09/23/16 Vale to expand Brazilian blend fines blending facilities in China

Brazilian iron ore miner Vale, the world's largest iron ore miner, plans to expand blending facilities for Brazilian Blend iron ore fines to eastern China's Rizhao and Shulanghu ports, and southern China's Beilun and Zhanjiang...

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09/23/16 Brazilian Finance Minister Defends Sales of Land to Foreigners

On Wednesday, September 20, Brazil's Finance Minister Henrique Meirelles said that the change in the country's law to permit the sales of land to foreigners would represent a positive addition to help the government boost...

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09/22/16 The 20 most visited cities around the world

This week Mastercard released its Global Destination Cities Index, which provides a ranking of the 132 most visited cities around the world. Measured by the number of international overnight visitors, the study, now in its...

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09/22/16 Meirelles: public spending ceiling is 'fundamental'

Brazilian Minister of Finance Henrique Meirelles has expressed support for the measures to reorganise public accounts and make the country grow again. Speaking after an event at the Council of the Americas in New York, Meirelles...

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09/22/16 Brazil Seeks to Replace Cuban Doctors with Brazilians in Rural Health Program

The Brazilian government said Wednesday it plans to greatly reduce the number of Cuban doctors working in a health care initiative that has brought thousands of physicians from the Caribbean island to underserved communities...

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09/22/16 Em NY, Temer é questionado por investidores sobre impacto social de medidas impopulares

Quais os planos do governo para conter a convulsão social que poderá surgir quando os brasileiros sentirem no bolso os efeitos dos cortes de gastos e das reformas defendidas pelo Palácio do Planalto? A pergunta, feita por um...

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09/21/16 Clima: Brasil entrega ratificação à ONU

O Brasil depositou nesta quarta-feira (21/09) a ratificação do Acordo de Paris sobre mudança do clima e, com isso, o pacto fica mais perto de entrar em vigor. Acompanhado pelo ministro do Meio Ambiente, Sarney Filho, o presidente...

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09/21/16 Foreign Agencies Improve Brazil’s GDP Forecasts for 2016/2017

Despite continuing economic turbulence, some foreign financial organizations are starting to register improvements in Brazil’s economy. The Organization for Economic Cooperation and Development (OECD), for example, has revised...

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09/21/16 Peru, Brazil to emerge Latin America’s new mining gems

Latin America’s mining sector is finally recovering from an economic downturn brought by almost two years of sustained slump in commodity prices. But growth in the region won’t be led by the usual favourites, such as Chile, but...

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09/21/16 Itau in exclusive talks for Citi's Brazil unit: report

Brazilian lender Itau Unibanco Holding SA (ITUB4.SA) has secured exclusive rights to negotiate an acquisition of Citigroup Inc's (C.N) retail banking operation in Brazil, according to a newspaper report on Wednesday. Brazilian...

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