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"industry news" Category
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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Why Wal-Mart Is Investing More In Brazil

Reports suggest that Wal-Mart is investing $320 million over the next three years to renovate its hypermarkets in Brazil, where it has been struggling to grow revenues.

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Veja os vencedores dos leilões de 4 aeroportos realizados hoje

O governo federal leiloou hoje quatro aeroportos: Salvador, Fortaleza, Porto Alegre e Florianópolis.

O valor em lances mínimos, que devem ser desembolsados no momento da compra, ficou em R$ 1,46 bilhão, ágio de 93,7% sobre o mínimo estabelecido.

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WAL-MART EXPANDS AND REBRANDS ITS BRAZILIAN HYPERMARKETS DESPITE POOR SALES

Over the recent holiday season, Wal-Mart’s sales in Brazil dropped by 4.1 percent. Compared to increases by 8.9 percent across Mexico and Central America, the Brazilian hypermarkets are a depressing sight.

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Carrefour to open 70 new mini-markets in Brazil in 2017

French retailer Carrefour SA will open 70 new Express mini-markets in Brazil this year, newspaper Valor Econômico reported on Friday from Paris, citing Chief Executive Officer Georges Plassat.

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Brazilian tycoon Diniz eyes Carrefour Brazil IPO mid-2017

The initial public offering of Carrefour's Brazilian unit will take place in mid-2017, billionaire Abilio Diniz said on Tuesday, voicing confidence that Brazil's economy is emerging from the worst recession its history.

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ArcelorMittal, Votorantim Merge Brazil Long Steel Businesses

Steel giant ArcelorMittalMT and Votorantim S.A. have agreed to combine their long steel businesses in Brazil.

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Align Technology Announces Acquisition of Its Invisalign Distributor for the Brazil Market

Align Technology, Inc. ALGN, +1.02% today announced the acquisition of its distributor Align Technology Do Brasil LTDA. This acquisition enables Align Technology to directly focus on the commercial, marketing, and operational needs of doctors and potential patients Brazil.

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Brazil hopes Belt & Road will be successful

China is ready to boost the world’s economy with a massive global project, known as the Belt & Road initiative.

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