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03/17/17 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. Its international business accounts for nearly 25% of the...

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03/16/17 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...

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03/16/17 Lower pension costs could drive Brazil rates to record lows: economists

Interest rates in Brazil could drop to record lows as soon as next year if inflation keeps slowing and Congress passes fiscal austerity measures, providing relief for a nation struggling to emerge from recession, some economists...

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03/16/17 Brazil warns of the perils of a closed economy ahead of G20 talks

Brazil's finance minister has said that he is ready to listen to the U.S.'s policies on trade at this weekend's G20 meeting but speaks from experience when he says he believes a free economy is better for everyone. "Brazil...

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03/15/17 Industry representatives forecast a positive 2017 for Brazil

For João Henrique de Almeida Sousa, president of the SESI National Council, measures taken by the federal government will lead to the resumption of economic growth. With Brazil leaving the economic crisis behind and looking at a...

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03/15/17 Brazilian housebuilder MRV predicts growth despite recession

MRV Engenharia, the Brazilian homebuilder, is aiming to grow up to 50 per cent over the next few years in spite of a severe recession in Latin America’s largest economy that has ravaged much of the housing sector. MRV, which is...

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03/15/17 Brazil Foreign Minister Sees EU-Mercosur Trade Accord This Year

South American trade bloc Mercosur expects to sign a framework accord this year for a trade deal with the European Union as the U.S. shift to isolationism under President Donald Trump encourages it to look outside the hemisphere...

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03/15/17 The 23 cities with the best quality of life in the world

Every year Mercer, one of the world's largest HR consultancy firms, releases its Quality of Living Index, which looks at which cities provide the best quality of life. The ranking is one of the most comprehensive of its kind and...

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03/13/17 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. However, the American...

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03/13/17 Brazilian jiu-jitsu legend graces Grafton

A hush of awe fell over the MD Mixed Martial Arts gym in Grafton as UFC Hall of famer Royce Gracie spoke to a room full of burgeoning martial artists. Brazilian jiu-jitsu royalty and a mixed martial arts legend, Gracie brought...

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03/10/17 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. Plassat said Carrefour's initial...

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03/10/17 Brazil Inflation Surprise Firms Up Bets on Faster Rate Cuts

Brazil’s inflation surprised analysts by slowing in February, prompting traders to increase wagers the central bank has room to accelerate monetary easing next month. The benchmark IPCA index climbed 0.33 percent in February,...

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03/08/17 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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03/07/17 Canadian Solar secures funding partly for 191MW project in Brazil

Vertically integrated PV firm Canadian Solar has secured US$20 million in funding from the China and Portuguese-led Countries Cooperation and Development Fund (CPDFund) to support a number of solar projects in Brazil, including...

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03/07/17 Brazil readies first satellite launch

Brazil will launch its first own satellite to protect the transfer of privileged national security information while boosting the broadband capacity of the country later this month. The Geostationary Satellite Defense and...

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03/07/17 Brazil Bulls Who Called Currency Rally Predict More Gains

The only forecasters who correctly called the Brazil real appreciating past 3.1 per dollar this quarter are once again defying consensus, predicting more gains ahead for one of the world’s best performing currencies. What...

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03/02/17 Bollywood In Brazil: When Indians Took To The Carnival In Sao Paulo

The Brazilian Carnival is a time of celebration - of dancing, music and colourful costumes, when the entire country is in a mood of revelry. Painted faces and festive costumes dominate the scene before the Christian fasting...

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03/02/17 Pressure over water in Brazil puts pulp industry in the spotlight

Brazil’s southeast coastal state of Espírito Santo is rapidly heading toward desertification. In just a few decades, the region has gone from being one of the last refuges for the seriously threatened Atlantic Forest, to having...

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03/01/17 ArcelorMittal, Votorantim Merge Brazil Long Steel Businesses

Steel giant ArcelorMittalMT and Votorantim S.A. have agreed to combine their long steel businesses in Brazil. Pursuant to the definitive agreement, Votorantim's long steel businesses in Brazil - Votorantim Siderurgia - will...

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03/01/17 Twitter sees growth in Brazil

Twitter has reported a 30 percent boost in advertising revenue in Brazil last year helped by digital marketing interest around the Olympic Games and rising smartphone uptake locally. Despite posting its slowest quarterly revenue...

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