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News & Articles

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02/20/18 Oracle hires former Salesforce Brazil head

Former Salesforce Brazil head Mauricio Prado was hired by Oracle as sales Vice President for business applications. In his new role, Prado will be competing with his old employer in the market for customer relationship management...

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02/16/18 Brazilian IT market gathers momentum in 2018

The end of the recession appears to be in the horizon for the Brazilian IT market as predicted growth could reach 5.8 percent in 2018, according to the annual forecast for the sector by analyst firm IDC. Even the usual...

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02/15/18 Brazil c.bank stresses call for end of rate-cutting cycle

All members of Brazil’s central bank policy board agreed that halting interest rate cuts would be appropriate if the economic outlook evolves as expected, but kept the door open for a potential final rate reduction next month,...

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02/15/18 Microsoft Pours Money Into Fast-Growing Brazil as Demand Booms

Microsoft is hitting the gas in Brazil. "Investments in the country are only going up," country manager Paula Bellizia said in an interview at Microsoft Corp.’s Sao Paulo office. "The appetite of companies of all sizes for cloud...

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02/14/18 Brazil intensifies negotiations to join international economic organization

Brazil is going to intensify negotiations in order to have access to the Organisation for Economic Co-operation and Development (OECD). While it tries to meet prerequisites in order to apply as a full member, Brazil's diplomatic...

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02/14/18 Brazil at the Liberal Crossroads

The liberal international order is under assault. The West’s 70-year-old commitment to common security, open markets, and democratization is unraveling, and the world is moving rapidly from a unipolar world order to a multipolar...

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02/13/18 Amazon is looking to lease an enormous warehouse near Sao Paulo, Brazil

Amazon is looking to lease a 50,000-square-meter warehouse just outside Sao Paulo, people familiar with the matter told Reuters, as it steps up its push into Latin America's biggest retail market, Brazil. The logistics investment...

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02/02/18 Azul and LATAM await US-Brazil open-skies

Azul and LATAM Airlines Brazil are eagerly awaiting US-Brazil open-skies in order to move ahead with anticipated joint ventures, even as the jury is still out on when the long-anticipated accord would finally be implemented. "...

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02/02/18 Apple Pay Expanding to Brazil Soon

Apple Pay is set to expand to a Brazil later this year, Apple CEO Tim Cook revealed in today's first quarter earnings call. While Apple didn't provide an exact date for the launch of Apple Pay in Brazil, Cook did say it would...

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02/01/18 Brazil's pre-salt reserves provide half of oil production

Brazil's pre-salt oil reserves for the first time account for more than half of the country's production of oil equivalent, the National Petroleum Agency said Wednesday. The agency said on its website that Brazil extracted 1.685...

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02/01/18 Brazil industry expands in 2017, first in four years

Brazil's industrial output expanded in 2017 for the first year in four due to a strong pickup in auto production, suggesting manufacturers kicked off the new year on a stronger footing. Industrial output rose 2.5 percent last...

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02/01/18 Utility Giant CEO Sees Clear Path to Privatization in Brazil

The chief executive officer of Brazil’s state-owned utility Eletrobras remains confident that a controversial plan to take the company private will succeed this year despite opposition from lawmakers and an upcoming presidential...

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02/01/18 Brazil to release $4 billion in farm credit

Brazilian President Michel Temer has announced the government-controlled bank Banco do Brasil will release 12 billion reais ($4 billion) in subsidized credit to farmers for the planting, upkeep, harvest, transport, storage and...

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01/31/18 Brazil's unemployment rate ends 2017 at 14-month low

Brazil’s jobless rate continued to fall at the end of 2017 due to growing off-the-books employment, ending the year at a 14-month low. The unemployment rate slipped 0.6 percentage points in the three-months through December to 11...

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01/31/18 Brazil Minerals, Inc. Adds Lithium Project Area to Its Mineral Bank

Brazil Minerals, Inc. (OTC:BMIX) (the "Company" or "Brazil Minerals") announced today that it has added a premier mineral right for lithium to its mineral bank. This 288-acre claim is within a new and large province that could...

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01/29/18 Foreign businesses keen on investing more in Brazil

Investors told President Michel Temer they are confident in the recovery of the Brazilian economy. Foreign businesspeople and investors alike expressed their intent to invest more in Brazil and their confidence in the Brazilian...

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01/29/18 NewSpace Start-Up Aims To Send First Brazilian Probe To Moon

NewSpace start-up ‘Airvantis’ is aiming for a 2021 launch of Brazil’s first lunar probe that would circle the Moon in a highly- elliptical orbit. The hope is that the nominal six month cubesat mission’s 7-kilogram payload ---...

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01/29/18 WhatsApp Business becomes available in Brazil

WhatsApp has launched WhatsApp Business, its dedicated Android app for small business owners, in Brazil. The app aims to provide businesses with tools that make it easier to connect with their customers and grow. Owners can...

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01/26/18 Investing in Brazil means growth for country and investors alike

On a dinner hosted by the World Economic Forum on Wednesday (24 January) in Davos, President Michel Temer highlighted the economic achievements of the country over the last year and took the opportunity to reaffirm that Brazil...

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01/26/18 Business confidence in the economy grows in January

Brazilian entrepreneurs are more optimistic about the country's economy. The Trade Entrepreneur Confidence Index (Icec) reached 110.1 points in January, now firmly above the 'zone of indifference', which is 100 points. The index...

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