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09/17/14 Rio organizers announce basics on tickets

Organizers have announced the basic outline of ticket prices for the Rio de Janeiro 2016 Olympics. Organizers said Tuesday that 7.5 million tickets will be issued for the Rio Games. Half of them — 3.8 million — will be priced...

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09/17/14 Leilão da usina hidrelétrica São Luiz do Tapajós, no Pará, fica para 2015

O leilão da usina hidrelétrica São Luiz do Tapajós, no complexo do Rio Tapajós, no Pará, vai acontecer apenas em 2015, depois que o governo federal cancelou a data limite para realizar a licitação neste ano, segundo secretário do...

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09/17/14 Embraer Wins $2.1 Billion Republic Order in Flybe Switch

Embraer SA (EMBR3) won a jet order valued at $2.1 billion from U.S. commuter airline Republic Airways Holdings Inc. (RJET), while European regional carrier Flybe dropped plans to take 20 of the planes. Republic will take 50 of...

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09/17/14 Brazil Raises 2014 Coffee Crop Estimate to 45.1 Million Bags

Brazilian crop agency Conab raised its estimate for the country's 2014 coffee crop because of a bigger harvest of the robusta variety of the beans. Brazil's farmers are expected to produce 45.1 million 132-pound bags of coffee...

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09/16/14 Blackrock, investment funds wary of revival in Brazil IPOs

BlackRock Inc and other investment firms are not so sure that a revival of initial public offerings in Brazil will fly. Speculation that President Dilma Rousseff could lose an October election to a more market-friendly challenger...

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09/16/14 Vale to Benefit From Tax Credit Announced by Brazil’s Mantega

Brazil’s Finance Minister Guido Mantega announced a tax credit for industry that he says will reduce the tax burden for companies operating abroad without compromising government revenue. The government will give a tax credit of...

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09/16/14 Brazil extends tax breaks for manufacturers ahead of election

Brazilian President Dilma Rousseff's leftist government, agreeing to industry lobby group demands less than a month before a contested election, announced tax benefits on Monday for manufacturing companies operating abroad or...

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09/12/14 ArtRio international art fair opens in Brazil

ArtRio, the fair that has put Rio de Janeiro on the art world’s map, has opened its latest show with exhibits from 99 top galleries from Brazil and beyond. The fair’s fourth edition includes such prestigious international...

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09/12/14 BRAZIL’S JULY ECONOMIC ACTIVITY INCREASES MORE THAN FORECAST

Brazil’s economic activity in July rose more than economists forecast, as the central bank signals it will keep interest rates on hold in the world’s second-biggest emerging market. The seasonally adjusted economic index, a proxy...

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09/12/14 Brazil's economy surges despite weak retail, industry

Economic activity in Brazil rebounded sharply in July despite a bigger-than-expected drop in retail sales and slight gains in industrial activity during the same month, central bank data showed on Friday. The central bank's IBC-...

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09/12/14 Some companies profit as Brazil struggles to secure power

A small group of energy companies in Brazil are increasing revenues at a time when the country is grappling with its worst power crisis in more than a decade, taking advantage of sky-high prices to sell electricity in the spot...

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09/12/14 Dunkin' Donuts Readying Return to Brazil

Dunkin' Donuts is preparing a return to coffee-rich Brazil, but with plans to offer more than just caffeine and its namesake pastries. After exiting Brazil in 2005 following a two-decade stint, the company is readying an...

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09/11/14 Financing for Brazil infrastructure projects hinges on BNDES -Fitch

Brazil's state development bank, BNDES, which has grown exponentially in local credit markets, will continue to play a central role in the funding of infrastructure projects in Latin America's largest economy, analysts at Fitch...

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09/11/14 Brazil's Oi confirms BTG exploring partners for TIM bid

Brazilian telecom Grupo Oi SA reiterated on Wednesday it had commissioned investment bank BTG Pactual to seek possible partners in a joint bid for rival wireless carrier TIM Participações SA. Oi neither confirmed nor denied...

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09/11/14 Brazil Central Bank Sees Inflation Slowing With Rates on Hold

Brazil’s central bank said inflation will start slowing toward its target in 2016 should policy makers maintain interest rates at the highest level in more than 2 years. Policy makers led by bank President Alexandre Tombini voted...

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09/11/14 Brazil Readies Fresh Aid for Sugar and Ethanol Producers

Brazil's government on Wednesday unveiled measures to help the country's sugar and ethanol industries. Finance Minister Guido Mantega said the government will offer tax benefits as part of a broader program designed to stimulate...

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09/10/14 Brookfield to Build Hydroelectric Power Plant in Brazil

Brookfield Energia Renovavel, a unit of Toronto-based Brookfield Asset Management (BAM/A) Inc., will add to its generating fleet with a 25-megawatt hydroelectric power plant in Brazil’s southern Rio Grande do Sul state. The...

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09/10/14 Telecom Italia Said to Value Brazil Stake at $17 Billion

Telecom Italia SpA (TIT) wants at least 13 billion euros ($16.8 billion) for its controlling stake in Tim Participacoes SA (TIMP3), the Brazilian mobile-phone operator that has attracted the interest of Oi SA (OIBR4) and America...

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09/09/14 Gol Sees Room to Raise Fares as Record Bond Sale Nears

Gol Linhas Aereas Inteligentes SA (GOLL4), poised for what may be a record bond sale, sees an opportunity to keep raising airfares even as Brazil struggles with an economic slowdown. Brazil’s biggest airline probably will keep...

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09/09/14 Brazil exports 2.71 mln bags green coffee in August - Cecafe

Brazil exported 2.71 million 60-kg bags of green coffee in August, nearly unchanged from July shipments of a revised 2.70 million bags, the Council of Green Coffee Exporters (Cecafe) said on Monday. Brazil exported 2.38 million...

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