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08/26/15 Brazil expects to raise nearly $500 mln from property sales

Brazil's government expects to raise more than 1.7 billion reais ($472 million) through the sale of state-owned properties, Planning Minister Nelson Barbosa said on Wednesday. The sales are part of President Dilma Rousseff's...

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08/26/15 Brazil Fund Manager Beating Peers Says Best Time to Buy in Years

The Brazil stock selloff that sent valuations to a six-month low is creating the best buying opportunity since the 2008 crisis, according to a Rio de Janeiro-based fund manager who outperformed 85 percent of peers this year....

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08/25/15 Brazil oil regulator approves more firms for 13th-round oil auction

Brazil's oil regulator ANP said on Tuesday it had approved an additional 22 companies to participate in the so-called 13th-round auction of oil exploration and production rights set for Oct (HKSE: 3366-OL.HK - news) . 7. The 22...

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08/25/15 Brazil’s pharmaceutical market to continue to prosper

The Brazilian pharmaceutical market will expand in value from $29.4 billion in 2014 to reach approximately $47.9 billion by 2020, representing a strong Compound Annual Growth Rate (CAGR) of 8.5%, according to research and...

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08/24/15 Brazil to reduce number of ministries to tighten spending

Brazil's government will reduce the number of ministries and further cut its operating expenditures as part of President Dilma Rousseff's fiscal austerity drive. Planning Minister Nelson Barbosa announced the plan at a Monday...

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08/21/15 Brazil names first 12 companies approved for oil auction

Brazil oil regulator ANP named the first 12 companies on Friday that have been approved to participate in an upcoming auction of oil and natural gas exploration areas. The companies that will take part in the auction, scheduled...

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08/21/15 Brazil gives go-ahead to 29 new power plants

Brazil gave the green light on Friday for the construction of 29 new power generation facilities in the country, awarding licenses for windmills, small hydropower plants, biomass and gas-fueled installations expected to cost...

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08/21/15 Germany and Brazil join forces on climate change action

Germany and Brazil committed themselves on Thursday to a joint stance on climate change, putting the largest economies in Europe and Latin America on the same page ahead of global climate talks in Paris in December. Chancellor...

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08/19/15 Brazil’s State-Run Banks Try to Boost Sagging Industries

Brazil’s government will use state-run banks to help out local industries that are suffering because of the country’s poor economy. Banco do Brasil SA and Caixa Economica Federal, both state-controlled banks, will provide credit...

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08/18/15 Here’s How Brazil Is Giving Every Citizen Free Mobile Data

Once considered the next great growth engine for the smartphone industry, Brazil is on the decline. With its economy shrinking and unemployment on the rise, many Brazilians are making do with dumb phones. They find the cost of an...

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08/18/15 Brazil’s Fasano Comes to Miami Beach

The owner of Miami Beach’s swanky Shore Club has picked Brazilian hospitality company Fasano to run the site’s new luxury hotel and condominium, part of a major redevelopment of the famed seaside resort. Fasano will operate a 100...

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08/17/15 Brazil's Totvs to fund $156 mln Bematech purchase with cash

Totvs SA, the largest Latin American producer of enterprise software, will tap its cash holdings to pay for the 556 million real ($156 million) acquisition of Bematech SA, executives said on a conference call on Monday. The...

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08/14/15 Carlyle offers to pay up to $204 mln for Brazil's Tempo

Carlyle Group LP offered to buy Brazilian specialized assistance provider Tempo Participações SA for up to 718 million reais ($204 million) in what may be the private equity firm's second deal in the country this year. Under...

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08/14/15 Luxe for Sale as Cartier, Prada Become Bargains in Brazil

Cartier and Louis Vuitton, those global symbols of opulence, suddenly look like bargains in one of the world’s economic trouble spots: Brazil. Because of a plunge in the value of Brazil’s currency, the real, many marquee-name...

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08/13/15 Exports offer a ray of hope for Brazil's consumer goods makers

From cigarettes to lipstick to sandals, exports have emerged as a silver lining for Brazilian consumer goods companies that are suffering the worst domestic slump in over a decade. With Brazil's currency, the real, at a 12-year...

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08/12/15 Brazil Construction Chemicals Market to Surpass USD1.3 Billion by 2020 Concludes TechSci Research Study

Housing shortage, government initiatives and rising investment in construction activities to drive Brazil construction chemicals marketA According to recently released TechSci Research report, "Brazil Construction Chemicals...

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08/11/15 Brazil to contract $53 bln for energy sector by 2018

Brazil's government plans to sign contracts worth 186 billion reais ($53 billion) for energy generation and transmission between August 2015 and December 2018, it said in a statement on Tuesday. The investment plan includes...

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08/10/15 Clarice Lispector: Brazil’s Virginia Woolf

In Clarice Lispector’s stories, civilization is perilously close to unraveling. In “Beauty and the Beast or The Enormous Wound,” a Rio banker’s wife fresh from the beauty salon at the Copacabana Palace Hotel feels murderous urges...

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08/10/15 Brazil's Gafisa to maintain pace of project launches

Brazilian homebuilder Gafisa SA plans to maintain the pace at which it launches new building projects in both its mid-range and low-income business units, executives said on a Monday conference call to discuss quarterly earnings...

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08/07/15 Shell eyes new Brazilian assets ahead of BG deal

Royal Dutch Shell (RDSa.L) is considering investing billions in Brazil, set to become a focal point after the planned acquisition of BG Group (BG.L), even as it prepares to sell huge chunks of its business to pay for the $70...

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