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04/28/16 Brazil's Vale returns to profit on iron ore, currency

Brazilian miner Vale SA on Thursday reported a first-quarter net profit of $1.78 billion, beating analyst forecasts and returning to profit for the first time in three quarters, helped by higher iron ore prices and a stronger...

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04/26/16 Brazil's Meirelles would lead finance ministry, with conditions

If Brazilian Vice President Michel Temer takes power, former central bank President Henrique Meirelles would accept the position of finance minister under the condition he was given approval rights over members of the entire...

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04/26/16 BNDES já credenciou 17 fabricantes de equipamentos para energia solar

O Brasil se prepara para introduzir a fonte solar na sua matriz energética a partir da fabricação nacional de equipamentos e para, tanto, contará com financiamento do Banco Nacional de Desenvolvimento Econômico e Social (BNDES),...

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04/21/16 Brasil pode precisar aumentar impostos, diz ex-presidente do BC

Um dia depois de a Câmara aprovar o pedido de impeachment contra a presidente Dilma, Henrique Meirelles, um dos cotados para a Fazenda em um eventual governo Michel Temer, já a dava a página por virada. "É importante olhar para a...

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04/21/16 Cotado para assumir a Fazenda, Meirelles fala em alta de impostos

Nova York — Um dos nomes cogitados para assumir o Ministério da Fazenda num governo pós-impeachment, o ex-presidente do Banco Central Henrique Meirelles apresentou uma agenda de ajustes econômicos, que contempla o aumento de...

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04/21/16 Impeachment vai impactar gestão dos gastos públicos, dizem analistas

Otaviano Canuto, representante do Brasil no FMI, diz que as investigações de corrupção vão melhorar a percepção do Estado de Direito e aumentar a eficiência do gasto público. NOVA YORK:­ O início de um processo de impeachment sob...

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04/12/16 Brazil's Retail Sales Unexpectedly Jump by Most Since 2013

Brazil’s retail sales unexpectedly rose in February by the most since July 2013, carried by a surprise surge in sales of furniture and appliances. Sales rose 1.2 percent in February after a revised 1.9 percent drop in the prior...

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04/12/16 Brazil wind expected to grow by 2GW

Investors have already registered interest for the first auction, which will take place on 29 April and requires energy generation to begin within five years — by 2021. The second auction, announced in March, is scheduled for 28...

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04/05/16 Android Auto launches in 18 new countries, including Brazil, India and Russia

Android Auto, Google’s in-car operating system, is now available in eighteen new countries, including Brazil and India. It is launched in Puerto Rico. For the others, reference the little emoji flags in Android’s tweet below....

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03/30/16 Brazil tycoon Diniz ups stake in France's Carrefour to 8.05 pct

Península Participações Ltda, the investment holding company controlled by Brazilian billionaire Abilio Diniz's family, has increased the amount of shares it owns in Carrefour SA just weeks after the French retailer nominated the...

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03/29/16 Ibovespa Leads Global Gains as Real Climbs on Political Outlook

The Ibovespa rallied the most in the world and Brazil’s currency advanced on speculation President Dilma Rousseff is close to losing the support of her administration’s most important allied political party, increasing the...

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03/29/16 CSN Quarterly Earnings Beat Estimate on Gain From Mining Venture

Cia. Siderurgica Nacional SA posted better-than-estimated quarterly results as Brazil’s best performing steelmaker this year fights to reduce costs and debt amid slumping domestic demand and a global glut. The company reported...

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03/24/16 WORLD'S GREATEST LEADERS by Fortune

Moro, a 42-year-old telegenic federal judge, is the main protagonist in Brazil’s real-life edition of The Untouchables. Moro has led the prosecution of a brazen corruption scheme that siphoned $3 billion from Petrobras, the...

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03/23/16 Increase in the Cap of Foreign Ownership of Brazilian Airlines

The Brazilian Federal Government published, on March 2, 2016, Medida Provisória No. 714/2016 ("MP 714/16"), a new rule that amended Federal Law No. 7,565, of December 19, 1986 (Brazilian Aviation Code) and increased the existing...

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03/22/16 BRAZIL PREPARES TO ATTRACT TOURISTS FROM CHINA

Brazil’s preparations to receive tourists from China during the Olympics and Paralympics in 2016 was the focus of a seminar entitled “Welcome Chinese” held recently in the Federal Senate, according to information from the...

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03/14/16 Shell starts production offshore Brazil

Royal Dutch Shell said Monday it started production from the third and final phase of operations in the deep waters off the coast of oil-rich Brazil. "The safe, early delivery of this production is a testament to the efficiency...

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03/08/16 Brazil Corn Exports Up 388% in February Compared With 2015

In February, Brazil recorded corn exports of 5.37 million tons. According to data from the Ministry of Development, Industry and Foreign Trade, this is almost five times higher than exports for February 2015, which stood at 1.10...

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03/04/16 Brazil power sector sale offers abound, but few buyers seen

Brazil's power sector has an ample set of assets on sale at attractive prices but political and economic uncertainties should keep new entrants away, favoring a consolidation driven mostly by foreign groups already operating in...

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03/01/16 Brazil Invested R$250 Billion in PAC Projects in 2015

he federal government of Brazil invested over R$250 billion in the PAC (Growth Acceleration Program) in 2015, according to officials, the equivalent to 24.2 percent of the total to be invested by 2018, of R$1.04 trillion....

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03/01/16 MasterCard to roll out Apple Pay support in Canada, Brazil and Asia in 2016

According to an internal document obtained by MacRumors, MasterCard is looking to build out Apple Pay support in Brazil, Canada, Hong Kong, Japan and Singapore in 2016. As the veracity of the document is unknown, the publication...

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