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09/02/14 Brazil wind sector set for US$7bn injection

Energy developers will invest 15bn reais (US$7bn) in Brazil's wind sector this year as the source continues its rapid expansion in South America's largest country. But the sector must overcome supply chain concerns to ensure the...

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09/02/14 Investors Aren't Fooled By Brazil's IP Rebound

Brazil’s industrial production (IP) rose in July as the locals got back to work following a month long FIFA World Cup. But that doesn’t have investors turning bullish. At best, Brazil remains a neutral call, with day trades...

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09/02/14 Brazil's OSX in Talks With Creditors to File New Recovery Plan

Shipbuilder OSX Brasil SA, one of the few companies still controlled by businessman Eike Batista, is again racing against time to stay afloat amid continuing pressure from its creditors. OSX, which filed for bankruptcy protection...

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08/29/14 Brazil's Oi to Partner With Local Rivals to Acquire TIM Participacoes

Brazilian telephone company Oi SA will ask local rivals for help in buying and splitting up TIM Participacoes SA, the Brazilian mobile-phone company controlled by Telecom Italia TIT.MI +0.17% SpA, according two people familiar...

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08/28/14 Vivendi Favors Telefónica’s $9.8 Billion Bid for Brazil Unit

The French conglomerate Vivendi said on Thursday that it would enter exclusive talks with Telefónica for its telecommunications unit in Brazil after it received two offers for the business earlier in the day. Telefónica raised...

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08/27/14 BR Partners Offers Debt Restructuring as Brazil Stalls

BR Advisory Partners Participacoes SA, the investment bank and asset-management firm founded by Goldman Sachs Group Inc.’s former Brazil chief executive officer, is creating a debt-restructuring advisory business as the country’s...

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08/27/14 Brazil telecoms battle heats up as Oi steps in

The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business. The move throws a potential wrench into the bidding...

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08/27/14 Brazil candidate Neves says hedge fund founder to be his Finance Minister

Brazilian presidential candidate Aecio Neves said on Wednesday hedge fund founder and former central bank chief Arminio Fraga would be his finance minister if he wins an Oct. 5 election. The announcement was made during an...

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08/26/14 Telefonica Board Said to Discuss Improving GVT Offer This Week

Telefonica SA (TEF)’s board plans to discuss raising its offer for Vivendi SA (VIV)’s GVT, potentially valuing the Brazilian broadband unit at as much as 8 billion euros ($10.6 billion), according to a person with knowledge of...

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08/26/14 São Paulo: the biggest, strongest start-up ecosystem in Brazil

The TechnoLatinas, as South America’s digital founders are collectively known, have a strong presence in the financial capital of Brazil. São Paulo has the largest and most powerful start-up ecosystem in this most populous of...

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08/25/14 Intensifying Presidential Campaign Brings Tension to Brazil’s Financial Markets

As Brazil absorbs the shock over a plane crash that killed a presidential contender this month and upended an increasingly combative race, another source of tumult may emerge as some banks, hedge funds and other big investors...

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08/22/14 NetJets Brazil Sales at Record as Rich Prefer Private Jet

For an increasing number of wealthy Brazilians, first-class perks on airlines don’t cut it anymore. They’d rather just fly in a private jet. A rise in high-net-worth individuals in Latin America’s biggest economy is keeping...

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08/22/14 Gasto de brasileiro no exterior bate recorde para todos os meses

Em julho deste ano, tradicional mês de férias escolares, os gastos de brasileiros no exterior bateram recorde histórico para todos os meses, segundo números divulgados pelo Banco Central nesta sexta-feira (22). Os dados mostram...

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08/22/14 Brazil’s presidential campaign - The third way

IN HIS presidential bid Eduardo Campos, the former governor of Pernambuco, set out to break the mould of Brazilian politics, polarised between the ruling left-wing Workers’ Party (PT) of President Dilma Rousseff and the centre-...

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08/22/14 Brazil allows part of $3 bln payment to be delayed on 4G data bids

Companies that win Brazil's next rights auction for fourth-generation (4G) data services can delay payments on 90 percent of bids, potentially depriving the government of part of a $3 billion lifeline needed to meet its year-end...

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08/21/14 Op-Ed: Rise of Class Actions in Latin America Threatens Region's Growth

Latin America has entered the 21st century with great promise. The region is experiencing a surge of startup companies and initial public offerings. Robust growth and increasingly sophisticated local markets are attracting...

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08/21/14 Guarulhos Gets Rival as American Joins Azul at Viracopos

American Airlines and David Neeleman’s Brazilian startup Azul are following the travelers and are being led to an airport almost 100 kilometers (62 miles) from Sao Paulo. Viracopos, Brazil’s sixth-biggest airport, now finds...

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08/21/14 Brazilian Court Gives Green Light to 4G Wireless Airwaves Auction

A Brazilian court lifted a suspension of a public auction of 4G wireless airwaves, providing oxygen for the government in its effort to meet its fiscal targets this year. The Brazilian Federal Court of Accounts, known as TCU,...

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08/21/14 Brazil's Central Bank Takes Action As Economic Outlook Worsens

Brazil’s Central Bank injected another $12 billion into the economy on Wednesday following analyst projections that this year’s GDP will print at just 0.79%. This is the second time the Central Bank has provided some form of...

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08/20/14 'Made In Brazil' Under Pressure, Study Shows

Brazil is more than samba and soccer. But the airplanes it makes and the soybeans it grows are coming under increasing cost pressures, making a number of manufacturers there lose ground to competitors in the U.S. A new study by...

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