"industry news" Category
Brazilian beef 'pretty safe,' says Brazil's finance minister

Brazil is still attracting a stream of foreign direct investment even after a corruption scandal involving its meat industry, the country's finance minister said Wednesday.

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The Royal Navy's Only Operational Aircraft Carrier Could Be Sold To Brazil

The amphibious assault ship and helicopter carrier HMS Ocean is currently the largest vessel in the Royal Navy—it's also the flagship of the fleet.

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Carrefour gets boost from rising Brazilian real

Sales at Carrefour, the world’s second largest retailer by revenue, climbed 6.2 per cent in its first quarter helped along by rising petrol prices and beneficial exchange rate movements.

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Brazil resumes exporting meat to major markets

While the Brazil meat scandal is still on the radar, the drama surrounding arrests, bribery allegations, international food safety and tainted meat, which hit the press March 17, seems to be subsiding.

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Brazil to waive 30 pct IPI tax on Colombian autos

Brazil has agreed to allow imports of Colombian vehicles and car parts without a 30 percent industrial products tax (IPI) as part of a bilateral auto pact under negotiation during Mercosur trade talks with Latin America's Pacific coast countries, a Brazilian government source said on Friday.

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Lenovo appoints new Brazil head

Chinese firm Lenovo has announced the appointment a new president for its operations in Brazil this week.

Ricardo Bloj has taken over the role of president at the company, 14 months after joining Lenovo as chief operations officer.

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Gezhouba plans to buy Brazilian utility

A China Gezhouba Group Co Ltd subsidiary plans to purchase a 100 percent stake of a Brazilian water supply company, in a bid to expand its investment in local public-private partnership projects and to improve its presence in the local market.

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Delegation from Brazil’s aerospace conglomerate to visit Zambia

A delegation from Brazil’s aerospace conglomerate (Embraer) that produces military, commercial, executive and agriculture aircraft and provides aeronautical services, will next week be visiting Zambia on programmes aimed at strengthening economic and military ties between the two countries.

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Brazil ramps up domestic space satellite, rocket programs

Brazil is developing technology to send domestically-made satellites into space with its own rockets by the end of the decade, aerospace executives and officials said ahead of the launch of the nation's first defense and communications satellite.

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Government of Brazil earns over US$1 billion from airport concession

Three foreign groups will manage four airports in Brazil, for whose concessions they paid 3.72 billion reais (US$1.17 billion) during an auction held on Thursday in Brasilia, said Brazilian airport infrastructure company Empresa Brasileira de Infra-estrutura Aeroportuária.

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