"economic news" Category
GPA's quarterly revenue surges despite Brazil truckers strike

SAO PAULO/BRASILIA, July 13 (Reuters) - Retailer GPA reported a 10.4 percent gain in quarterly revenue on Friday, as growth in its Assai wholesale-style stores more than offset the impact of an 11-day truckers' strike that hit many sectors of Brazil's economy.

Read Full Article
Brazil plane-maker Embraer sees shares soar amid talk of deal with Boeing

[BRASÍLIA] Shares in the Brazil aircraft manufacturer Embraer soared on Wednesday on the back of speculation that a deal to create a new company with US plane-maker Boeing was in the offing.

Read Full Article

The federal government will have the support of the private sector to increase the country's rail network. chief minister of the General Secretariat of the Presidency, Ronaldo Fonseca, the companies will be responsible for the works.

Read Full Article
Pence to Lead U.S.-Brazil Talks on Rocket Launch Site, Sources Say

Talks over U.S. commercial use of a rocket launch site in Brazil are advancing and will take center stage during Vice President Mike Pence’s visit to Brasilia next week, according to three people familiar with the matter.

Read Full Article
Two more port terminals to be auctioned in September

The National Water Transportation Agency (Antaq) published two bid notices on Friday (15 June) for the lease of port areas and public infrastructure. Auctions 4/2018 and 5/2018, scheduled for September 28 in São Paulo, will include areas in the ports of Santana (Amapá) and Santos (São Paulo).

Read Full Article
Brazil adds 33.6 thousand new formal jobs in May

In the wake of the series of measures implemented by the federal government to lift the economy out of the recession, Brazilians are starting to feel the practical results of the recovery in their everyday lives.

Read Full Article
Brazil stops currency swap contracts

RIO DE JANEIRO, June 19 (Xinhua) -- The Brazilian Central Bank suspended on Tuesday its currency swap contracts after over a month of continuous efforts to boost the real against the U.S. dollar.

Read Full Article
Brazil's Central Bank Plans Blockchain Data Exchange for Regulators

Brazil could soon have a new blockchain platform to ensure the authenticity of information exchanged between the country's financial authorities.

Read Full Article

If the minimum value for autonomous road transport takes into account the type of vehicle and freight carried, the freight price may be reduced by up to 20%, as assessed by the Brazilian Association of Truck Drivers (Abcam).

Read Full Article
GDP preview is up 0.46% in April, says Central Bank

After three months in decline, the Brazilian economy began to grow again in the period from March to April. It grew 0.46% in the period, according to a report released Friday (15) by the Central Bank.

Read Full Article


Subscribe to RSS - Economic News