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07/02/15 Brazil posts June trade surplus of $4.5 bln

Brazil had a trade surplus of $4.527 billion in June, government data showed on Wednesday, above market estimates for a surplus of $4 billion. The country posted a trade surplus of $2.76 billion in May. After running a deficit at...

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07/01/15 Xiaomi takes first big step outside Asia with Brazil smartphone

Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world's most valuable technology start-up. Xiaomi...

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07/01/15 US opening market to Argentina, Brazil beef imports

Argentina and Brazil hailed news that they will soon be able to export fresh beef into the United States after a longtime ban. Argentine Foreign Minister Hector Timerman said Tuesday that Mexico and Canada will also reopen their...

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06/29/15 Brazil’s President Seeks Investment During U.S. Visit

This week’s meeting of Brazilian President Dilma Rousseff and U.S. President Barack Obama in Washington is expected to be short on splashy announcements, but it could go a long way to healing a breach between the leaders of the...

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06/26/15 Brazil Seeks to Boost Beef Productivity by 82% to Protect Amazon

Brazil is encouraging farmers to boost productivity at cattle ranches around the Amazon rain forest as it seeks to balance environmental protection with economic production. The nation wants to increase output at beef farms to at...

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06/25/15 ORACLE ADDS DATA CENTER IN BRAZIL

Oracle plans to bring a new data center online in Campinas, São Paulo, in August of this year, the company announced today at Oracle OpenWorld Latin America. The data center, which will support growing demand for Oracle’s...

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06/25/15 Brazil plans 60,000 security force for Rio Olympics: source

Brazil plans to deploy around 60,000 security forces for the 2016 Olympic Games in Rio de Janeiro, a source familiar with the preparations said on Tuesday, bolstering security amid fears of a spike in violence in the picturesque...

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06/24/15 New TAP Air Portugal Owners Vow Expansion in US, Brazil

TAP Air Portugal's new owners said Wednesday they intend to expand operations to 10 more U.S. destinations and eight more in Brazil, while bringing more passengers from those countries into Europe. David Neeleman, whose Gateway...

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06/23/15 BG-Shell takes first step towards Brazilian blessing

Shell’s £47bn plan to become the world’s biggest gas producer has moved a step closer to reality after the oil giant officially filed its takeover of BG Group with Brazilian competition regulators. The second-biggest oil and gas...

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06/23/15 Brazil Announces R$29 Billion for Family Farming Harvest Plan

Brazil’s government announced on Monday (June 22nd) it would make available R$28.9 billion (over US$9.3 billion) for the 2015/2016 Family Farming Harvest Plan. The volume of resources is twenty percent greater than that made...

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06/23/15 Brazil's current account gap narrows on positive trade

Brazil's current account deficit narrowed in May to half its level in the previous month due to a rising trade surplus, boosted by dwindling demand for imports and a weaker local currency. The commodities powerhouse posted a...

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06/22/15 Brazil's JBS meats to pay $1.5 bn for Marfrig's Moy Park

The world's largest meat packer, Brazil's JBS, has agreed to buy Moy Park, the UK unit of Marfrig Global Foods, for $1.5 billion, the companies said. The purchase will solidify JBS's strategic plans to expand into European...

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06/19/15 Investors Devour Steak Chain Fogo de Chão: Stock Pops Nearly 30% In IPO

From Shake Shack to Wingstop, restaurant public offerings have provided some much-needed flavor to what has been one of the quietest periods for IPOs since 2013. Following in the successful steps of Potbelly and Noodles &...

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06/17/15 How Important Is Brazil To The World's Oil Market?

Two things put Brazil’s oil wealth in the public eye again this year. One good. One not so good. First the not so good: Petrobras. The state-owned oil firm is up to its eyeballs in scandal. It’s led to the bankruptcy of around...

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06/17/15 U.S. and Russia vying to supply Brazil with commercial satellites in space partnership

The United States is vying with Russia to play a strategic role in helping Brazil launch commercial satellites from the Latin American nation’s base near the equator, setting up another potential area of dispute between...

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06/16/15 Business is Booming American Profits Brazil Good

Business is booming in Brazil for DeVry Education Group, an Illinois-based, publicly traded for-profit education company. DeVry reports that it enrolls more than 58,000 degree-seeking students in Brazil, plus another 53,000...

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06/15/15 BelezaNaWeb Raises $30M To Bring Brazil’s Beauty Market Online

Brazil’s leading beauty ecommerce company, BelezaNaWeb (“Beauty on the web”), has raised a $30M Series C round from an undisclosed New York City private equity firm. Brazil is the largest market in the world for beauty products...

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06/15/15 Russia, U.S. competing for space partnership with Brazil

The United States and Russia are competing for a strategic role in Brazil's plan to launch commercial satellites from its base near the equator, opening up a new theater in their rivalry for allies and influence. Brazil's...

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06/12/15 BofA banker sees Brazil share sales gaining traction

Activity in Brazil's capital markets, which has been slow this year in the wake of political and economic uncertainty, could gain traction as share offerings begin to recover over the coming months, a senior banker at Bank of...

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06/10/15 Accenture Expands Delivery Center in Recife, Brazil

Accenture ACN, +1.84% is expanding its delivery center in Recife, Brazil, adding 1,000 positions by 2017 to support clients that want innovative application services that will help them grow and operate their businesses more...

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