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"industry news" Category
Will Airbus and Bombardier's partnership push Boeing closer to Brazil?

The global aerospace game, once the purview of individual companies, has become a national pursuit. In Europe it crossed borders in the 1970s. Germany and France decided they were better together as Airbus, eventually forging an industrial tie up with the U.K.

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Powell's Picks In Emerging Markets: Brazil And India

Brazil’s economy is continuing to claw its way out of the severe slump that hit all developing countries after the global economy entered the Great Recession.

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Brazil's Gerdau may sell U.S. facilities for $630 million

Brazilian steelmaker Gerdau SA (GGBR4.SA) could raise about 2 billion reais ($630.48 million) with the potential sale of its rebar-producing facilities in the United States this year, newspaper Valor Econômico reported on Tuesday.

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Brazil’s Itaú Unibanco CEO readies for fintech battle

“I’m a Santos supporter, which is not a coincidence,” says Candido Bracher of the soccer club that spawned Pelé, perhaps Brazil’s most revered player.

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Amazon's Move in Brazil Rattles Some Online Retail Stocks

The “Amazon effect” on retailers reaches across borders.

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EU sets duties on Brazil, Iran, Russia, Ukraine steel

The European Union has decided to set duties on hot-rolled steel from Brazil, Iran, Russia and Ukraine after a complaint by EU manufacturers that the product used for construction and machinery was being sold at excessively low prices.

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Peugeot bets on utility cars, premium SUVs to boost Brazil sales

French car maker Peugeot SA (PEUP.PA) on Wednesday said it was focusing on utility vehicles to lift its market share in Brazil and would offer a similar set of models as it sells in Europe.

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Unilever to buy Brazilian organic food business Mãe Terra

The Anglo-Dutch group said on Monday that is has agreed to acquire Brazilian natural and organic food business Mãe Terra for an undisclosed sum.

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Cartesian Capital Group to Invest $100 Million Dollars in Brazilian Company

On September 5th, the American private equity and venture capital firm announced that it has entered an agreement to invest approximately $100 million dollars in the Brazilian telecommunications company Aloo Telecom by 2021.

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Brazil Lets In Big Oil Firms a Decade After Keeping Them Out

Brazil will on Wednesday begin reversing what industry officials say was a costly and ultimately disastrous decision a decade ago: setting aside billions of barrels from the Western Hemisphere's largest oil discovery in 30 years for its state-run oil firm at a time when deep-pocketed foreign comp

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