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07/26/16 Brazil president vetoes provision boosting foreign airline ownership

Brazilian interim President Michel Temer vetoed a provision of a bill allowing foreign investors to own up to 100 percent of Brazilian-flag airlines, according to a note published in Brazil's official government newspaper on...

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07/26/16 Brazil’s Meirelles Calls for Tighter Budget to Avoid More Taxes

Brazil’s Finance Minister Henrique Meirelles renewed an appeal for the approval of key austerity measures aimed at regaining investor confidence and reviving Latin America’s largest economy. Brazil’s tax burden would have to keep...

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07/25/16 Rio 2016: Best things to do in the Brazilian city during the Olympics

All eyes will switch to the Brazilian city, giving it a chance to show its vibrant culture, beautiful landscape and iconic attractions. Here are the top ten must-dos for anyone heading out to cheer on Team GB. Olympics Cultural...

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07/25/16 TCL Multimedia Announces Strategic Cooperation with Leading Brazilian Home Appliance Brand SEMP Ahead of Rio Olympics

TCL Multimedia Technology Holdings Limited ("TCL Multimedia" or the “Group", SEHK stock code: 01070.HK) today announced the signing of an MOU with a leading Brazilian home appliance enterprise SEMP (“SEMP”) to mutually invest...

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07/25/16 Brazil’s Real Advances as Growth Outlook Offsets Interventions

Brazil’s real advanced as confidence that the new administration will be able to revive the economy overcame central bank intervention to weaken the currency. The real gained 0.5 percent to 3.2565 per dollar on Friday. It fell as...

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07/22/16 Two Months In, Brazil’s Temer Emerges as a Big Market Favorite

Michel Temer may not have completely won over Brazilians since taking over as acting president in May, but he appears to be a big hit with investors. Brazil’s benchmark equity index has now soared almost 60 percent in dollar...

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07/22/16 Brazil keen to open trade talks with UK

Brazil will push for immediate trade talks with the UK under the auspices of South America’s trading bloc, Mercosur, once Britain’s new foreign secretary Boris Johnson has settled into the job, Brazil’s foreign minister José...

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07/21/16 World’s athletes arrive in Brazil ahead of Rio 2016 Olympic Games

With 17 days until the start of the Rio 2016 Olympic Games, the world's best athletes are starting to arrive in the host nation. Sailors are foremost in needing time to learn the currents, tides, winds and waves of their watery...

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07/20/16 Funds, Abadi working on bid for Brazil's Oi: sources

A group of a dozen investors, most of which are creditors and shareholders of Oi SA (OIBR4.SA), have contacted investment bank Abadi & Co Global Markets Inc to help structure a potential takeover bid for the bankrupt...

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07/20/16 Brazil’s Real Gains Amid Optimism Over Temer’s Economic Measures

Brazil’s real rose for a second day amid speculation that Acting President Michel Temer’s government will be able to pull Latin America’s largest economy from its deepest recession in a century. The real added 0.1 percent to 3....

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07/20/16 IMF Improves Brazil’s GDP Outlook For 2016 and 2017

The interim government in Brazil celebrated the news that the International Monetary Fund (IMF) reduced its negative outlook forecast for the country’s GDP in 2016, from 3.8 percent in April to 3.3 percent in July. The...

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07/19/16 FMI melhora projeção para o PIB do Brasil; retração cai de 3,8% para 3,3%

O Fundo Monetário Internacional (FMI) espera por uma queda menor da economia brasileira este ano. A projeção de retração do Produto Interno Bruto (PIB), soma de todos os bens e serviços produzidos no pais, passou de 3,8% em abril...

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07/18/16 Brazil Has Its Own Iron Lady, and She Won’t Be Giving You a Loan

The new leader of Brazil’s development bank is bolstering confidence in the government’s efforts to revive the economy by pledging to shrink the lender’s size. BNDES, as the bank is known, is curtailing subsidized credit for...

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07/18/16 Samsung Launching Mobile Payments in Brazil Ahead of Olympics

Samsung this week announced plans to launch its Samsung Pay mobile payment service in Brazil just ahead of the start of the 2016 Olympic Games. According to Samsung, the service will launch in Brazil on Tuesday, July 19. The...

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07/18/16 Brazil Real Advances in the Week as Confidence in Temer Grows

Brazil’s currency gained for the sixth week in seven, in spite of central bank efforts to limit gains, amid investor optimism that the interim government will win lawmakers’ support for measures to cut the budget deficit and...

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07/15/16 Brazil Top Analyst for Top Stock Predicts More Gains to Come

Brazil’s biggest stock rally over the past month still has further to go, according to the most accurate forecaster for Cia. Energetica de Minas Gerais. Cemig, as the electric utility owned by the state of Minas Gerais is known,...

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07/15/16 Brazilian smartphone bank Neon launches

Neon, a millennial-targeting smartphone-based bank that uses facial recognition technology to authenticate its customers, has launched in Brazil. The brainchild of 24 year old entrepreneur Pedro Conrade, Neon is an app-based...

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07/14/16 Rio 2016 Unveils 13 Olympics Posters To Represent Brazilian Diversity

While the months leading to the Rio Olympics haven’t exactly been pretty, these 13 new Olympic posters certainly are. Unveiled at a ceremony on Tuesday night, the 13 images were designed by 12 Brazilian artists and one Colombian...

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07/14/16 Do You Need A Visa For Brazil? The Brazilian Government Is Making It Easier To Visit This Summer

The Olympics are finally coming up next month, and nearly half a million tourists are expected to travel to Rio De Janiero for the highly anticipated games. If you're thinking about heading down for the Olympics or Paralympics,...

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07/13/16 Temer estuda medidas para incentivar agronegócio

O governo do presidente em exercício, Michel Temer, deverá implementar, ainda este ano, medidas de estímulo à produção agrícola e à pecuária. A declaração foi feita nessa terça-feira (12) pelo ministro da Agricultura, Pecuária e...

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