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08/16/17 ApexBrasil Promotes Opportunities in the Brazilian Solar Power Industry

Apex-Brasil, the Brazilian Trade and Investment Promotion Agency, in partnership with the Brazilian Photovoltaic Solar Energy Association (ABSOLAR), and the U.S. Commercial Service will be hosting the seminar “Invest in Brasil...

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08/16/17 Brazil Ratings Removed From CreditWatch And Affirmed At 'BB/B'; Outlook Is Negative On Ongoing Policy Challenges

Rating Action On Aug. 15, 2017, S&P Global Ratings removed its 'BB' long-term foreign and local currency sovereign credit ratings on the Federative Republic of Brazil from CreditWatch, where we had placed them with negative...

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08/16/17 Brazil softens budget deficit goals through 2020

Brazil's government loosened its budget targets for all years through 2020 on Tuesday, delaying prospects for a drop in the federal deficit after legislators repeatedly refused to raise taxes in the recession-hit economy. Cost-...

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08/11/17 Há expectativa de queda adicional da Selic, aponta Ilan

Há expectativa de quedas "adicionais" da taxa Selic, disse nesta sexta-feira o presidente do Banco Central (BC), Ilan Goldfajn, segundo o qual o processo de convergência da inflação para a meta de 4,5% no horizonte relevante para...

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08/11/17 Uber Rival 99 Embarks on Massive Brazilian Hiring Spree

Brazil’s unemployment rate is near its record, but at the headquarters of ride-hailing app 99 it’s nowhere in evidence. The country’s biggest taxi-beckoning tech company is outgrowing its Sao Paulo office after just 17 months as...

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08/11/17 Investors unfazed by wider fiscal deficit outlook in Brazil

When former Brazilian President Dilma Rousseff's government repeatedly missed its fiscal targets, investors fled the country. Now that her successor, Michel Temer, seems poised to do the same, financial markets appear unperturbed...

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08/10/17 Brazil inflation turns positive in July; annual rate slows

Brazilian consumer prices rose in July on higher power costs and a fuel tax hike following deflation in June, even as the annual rate fell to its lowest in 18 years, data showed on Wednesday. Prices as measured by the benchmark...

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08/10/17 Brazil's Cosan sees improving returns for ethanol

Energy and infrastructure company Cosan SA Indústria e Comércio said on Thursday ethanol sales were giving better returns than sugar in some Brazilian states, a factor that could change its current production mix. Executives of...

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08/10/17 $309 Million Emerald Weighing Nearly 800 Pounds Was Just Found in Brazil

A massive 794-pound emerald was unearthed recently by miners inside the Carnaiba Mine in Brazil. This incredible emerald specimen stands 4.3 feet tall and is valued at approximately $309 million. The emerald is now owned by a...

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08/10/17 Brazil’s pension and tax reforms back on track, says Meirelles

Brazil’s finance minister Henrique Meirelles has predicted that a controversial pension reform will be passed by the end of this year in spite of a political crisis that has weakened the government of Latin America’s biggest...

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08/09/17 Inflação em 12 meses é a menor desde 1999, diz IBGE

Após apresentar a primeira deflação desde 2006, de 0,23% em junho, o Índice Nacional de Preços ao Consumidor Amplo (IPCA) mudou de direção e registrou alta de 0,24% em julho, mostrou o Instituto Brasileiro de Geografia e...

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08/09/17 Rio Launches Small Business Program Focused on Beach Tourism

Amidst a crippling economic crisis and rising security concerns, a new program for small businesses called Fortalecimento do Turismo nas Praias da Zona Sul (Strengthening South Zone Beach Tourism) was announced yesterday, August...

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08/09/17 Bullish On Brazil? Watch China & Dollar

Brazilian equities are resilient today, even though the country is a major commodity exporter to China where weak July trade data are making some investors nervous. The iShares MSCI Brazil Capped exchange-traded fund (EWZ) is up...

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08/08/17 Brazil likely to create ethanol import quota, tax imports

The Brazilian government is likely to adopt a quota system for ethanol imports, allowing 600 million liters into the country per year free of tax and imposing a 20 percent tariff on volumes in excess of that quota, cane industry...

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08/08/17 Brazil becomes largest oil producer in Latin America

The federal government's reforms in the energy sector, ranging from the strengthening of Petrobras to changes in the pre-salt regulatory framework, have helped Brazil become the largest oil producer in Latin America, ahead of...

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08/08/17 São Thomé das Letras: Brazil’s Mystic Capital

Situated in Minas Gerais’ southern mountains, São Thomé das Letras attracts several tourists for a very peculiar reason: apart from its outstanding nature and historical heritage sites, the city is known as one of the seven...

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08/07/17 Blue Sky Network Reaffirms Commitment to Brazilian Market

Blue Sky Network, an industry leading global provider of satellite asset tracking and fleet management solutions, announced today that the company's new management team, led by President Gregoire Demory, would attend the LABACE...

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08/07/17 Brazil will be realistic about budget target - finance minister

Brazil's government will take a realistic and responsible approach when deciding whether to change this year's budget target, Finance Minister Henrique Meirelles told journalists at an event on Friday. Meirelles reiterated that...

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08/04/17 Bunge aims to 'reinvent' dealings with Brazilian soy farmers

With Brazilian farmers storing soybeans due to low prices, Bunge Ltd is aiming to change the way it buys crops in an effort to prompt more selling and rebuild profit margins. Bunge, one of the world's largest oilseed processors...

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08/04/17 Brazilian server market sees uplift

Sales of X86 servers saw a 12 percent revenue increase in the first quarter of 2017 - but predictions for the entire year are not so positive, according to research by analyst firm IDC. Revenue over the period reached $116...

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