News & Articles

News & Articles

The Chamber brings you the latest news articles and market intelligence.

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05/22/13 Designer Ready-to-Wear Sales Consultants

Saks Fifth Avenue (Flagship store on 5th Avenue) is seeking talented, experienced, & entrepreneurial individuals, Portuguese speakers, to represent their brand from a selling & service perspective for their many luxury “...

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05/17/13 2013 Person of the Year honors Prof. Luciano Coutinho and Terrence A. Duffy

Over 800 leaders from the international business, financial, and diplomatic communities gathered together last night, at the Warldorf=Astoria, in New York, to pay tribute to Luciano Coutinho, President of the Brazilian...

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05/15/13 Brazilian-American Chamber of Commerce to Celebrate Person of the Year at the New York Stock Exchange

The Brazilian-American Chamber of Commerce, in conjunction with the Financial Times and BNY Mellon, will visit the New York Stock Exchange (NYSE) on Thursday, May 16, 2013 to celebrate its 43rd annual Person of the Year Awards....

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05/13/13 German president in Brazil to promote trade and investments

German Chancellor Angela Merkel has visited Brazil once during her term, in 2008. Last year she cancelled participation in the UN Conference on Sustainable Development known as Rio+20, which disappointed Brazilians. The German...

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05/13/13 Made in USA

Desde o final de 2008, a produção da indústria brasileira está estagnada. Em vez de enfrentar as causas estruturais da baixa competitividade da nossa indústria – infraestrutura precária, carga tributária excessivamente elevada,...

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05/09/13 Sotheby’s features exhibition “Brasil Vívido” in New York

Sotheby’s S|2 features this month “Brasil Vívido”, an exhibition of Brazilian contemporary art that includes some of the greatest artists of the avant-garde today. The exhibition, which Sotheby's organized relying on suggestions...

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05/09/13 Braskem Q1 net income up 49%

Brazilian petrochemical company Braskem (NYSE: BAK) said gross revenue rose 15% to 11.0bn reais (US$5.49bn) in the first quarter of 2013 and net income rose 49% to 227mn reais, as the company increased its share of Brazil's...

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05/09/13 Brazil's Bahia state calls consultancy for US$3.49bn Salvador-Itaparica bridge PPP

Northeastern Brazil's Bahia state has launched a consultancy tender to prepare urbanization plans for areas directly affected by the upcoming 7bn-real (US$3.49bn) bridge project between state capital Salvador and Itaparica island...

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05/09/13 EMC to continue investing in Latin America to capture growth opportunities, CEO says

US storage solutions supplier EMC (NYSE: EMC) sees Latin America as a region with growing business opportunities for the company in the coming years, chairman and CEO Joseph Tucci told reporters. Tucci said that EMC had been...

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05/08/13 Marcos Troyjo: O significado da vitória na OMC

A eleição do diplomata Roberto Azevêdo à direção-geral da Organização Mundial do Comércio (OMC) representa uma grande vitória do Brasil. A questão, no entanto, é como transformá-la numa vitória para o Brasil. Globalmente, o...

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05/08/13 Brazil needs more than tax cuts to grow: BTG's Esteves

Brazil's government should pursue reforms aimed at making the country a more attractive place to do business, instead of simply cutting taxes or interest rates to improve returns, billionaire financier André Esteves said on...

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05/08/13 Azevedo looks to resurrect WTO with patient diplomacy

Roberto Azevedo, picked on Tuesday to head the World Trade Organization, is in every respect the quintessential Brazilian diplomat: a well-spoken, competent and smooth negotiator with a knack for wooing adversaries into his...

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05/02/13 Brazil's Rousseff insists oil royalties should fund education

Brazilian President Dilma Rousseff said on Wednesday she has sent lawmakers another proposal to earmark all oil royalties collected by the state for public education after Congress shelved an earlier effort. She made the...

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04/29/13 Analysis: Cheap debt may prove costly for emerging market firms and families

Korean home buyers and Chinese small firms, Brazilian motorists and Turkish banks are now among the main culprits in running up emerging market debt, replacing governments who have largely put their books in order. Investors'...

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04/29/13 Brazil plans US$28bn in port investments by 2016 - BNDES president

Brazil's federal government is currently planning port sector investments of some US$28bn, the president of national development bank BNDES, Luciano Coutinho, told BNamericas in a conference call on Thursday (Apr 25). "According...

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04/25/13 Brazil Summit 2013 NYC Harvard Club – os cenários sobre o Brasil

Realizado no prestigiado Harvard Club em plena primavera em New York, o Brazil Summit reuniu no dia 22 de abril, personalidades influentes no cenário internacional. Líderes empresariais internacionais, diplomatas e academia se...

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04/25/13 2013 Brazil Summit: Fraga Says He’s Disturbed by Brazil’s Focus on Consumption

Arminio Fraga, Brazil’s former central bank president, is concerned by the government’s push to foster growth by encouraging consumers to spend more on credit. The speed of loan growth in Brazil merits “some monitoring,” Fraga,...

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04/25/13 2013 Brazil Summit: Brazil sees capital markets niche for infra financing

The Brazilian government expects local bond issues to fund 5-20% of projects costs for the BRL 145bn (USD 71.7bn) logistics concession program in coming years, said Wagner Bittencourt de Oliveira, vice president of the national...

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04/24/13 ANTT, EcoRodovias sign US$1.1bn highway BR-101 concession contract in Brazil

Brazil's national ground transport agency ANTT has signed a 2.14bn-real (US$1.08bn) concession contract with a consortium led by EcoRodovias (Bovespa: ECOR3) to expand and operate federal highway BR-101 in the southeastern state...

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04/24/13 Brazil cuts taxes on raw materials

The Brazilian government has cut the PIS/Cofins tax levied on purchases of petrochemical raw materials from 5.6% to 1%. The national chemical industry has been requesting a tax cut to raw material prices for some time, as it is...

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