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09/27/17 Brazilian external accounts has best result for August since 2007

As the adjustments to the economy continue to progress, the country has become stronger in the external scenario and reduced the deficit in its exchanges. Central Bank data shows that the current account deficit in August was of...

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09/27/17 Google aims for cloud services growth in Brazil

Google has launched a new Google Cloud Platform (GCP) region in Brazil as part of a plan to intensify the provision of off-premise services to local clients. One of the main draws of the new GCP hub is the ability for customers...

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09/26/17 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...

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09/26/17 Trade balance hits $1.3B surplus in 4th week of September

Brazil’s trade balance hit a US$ 1.270 billion surplus in the fourth week of September after US$ 4.808 billion in exports and US$ 3.538 billion in imports, according to numbers recently released by the Ministry of Industry,...

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09/26/17 In a Victory for Environmentalists, Brazil Will Ban Mining in Parts of the Amazon

Brazil will reinstate a mining ban in a vast area of the Amazon rainforest, the government announced on Monday, in an about-face that is a victory for environmentalists who feared deforestation. The Mines and Energy Ministry said...

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09/25/17 Brazilian officials are confident the worst is over

The Brazilian economy is crawling back from its worst recession ever recorded. Positive economic signs and the hope of reforms and investments in infrastructure and energy are keeping a market rally alive. This provides some...

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09/25/17 Economists expect Brazil 2017 inflation to be below official target

Economists expect Brazil’s inflation rate to end 2017 below the government’s target range for the first time ever, according to a central bank survey on Monday. Consumer prices, as measured by the benchmark IPCA index, are likely...

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09/22/17 Brazil seeks to avoid Venezuela default on $5 billion contracts

Brazilian officials plan to visit Venezuela next week to prevent the oil-rich nation from defaulting on contracts worth as much as $5 billion after falling in arrears on a payment due to infrastructure contractors this month,...

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09/21/17 Brazilian internet companies seek funds from China

Encouraged by China's success stories in the internet sector, the founders of eight Brazil-based internet companies and one venture capital firm took their funding roadshow to Beijing Tuesday. Carlos Miro, founder and CEO of...

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09/21/17 Kaspersky Lab secures contract with Brazilian Armed Forces

Kaspersky Lab has won a tender to supply cybersecurity tools to the Brazilian Air Forces. After a "complex public competition" through local channel partner EsyWorld, the Russian company said it underwent a "rigorous evaluation...

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09/20/17 Goldfajn: Course corrections have brought recovery of economic growth

Brazil has began a gradual recovery of economic growth thanks to firm steps taken to reduce inflation and changes in the conduct of the country's economic policy. The assessment was made by the head of the Brazilian Central Bank...

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09/20/17 The long haul to recovery for Brazil’s infrastructure

The Maersk Labrea container ship was approaching Brazil’s south coast at the end of a 12-day voyage from Asia when it ran into a ferocious storm. Seventy-knot winds and seven-metre waves battered the Labrea, causing it to roll 40...

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09/19/17 TCS partners with São Paulo government to plug IT skills gap

Tata Consultancy Services (TCS) has signed a cooperation agreement with the government of São Paulo to bring its IT education program to 190,000 high school students across the Brazilian state. The Indian firm's goIT education...

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09/19/17 Brazil opens the debate on the UN General Assembly

A tradition begun in 1949 with diplomat Oswaldo Aranha will continue on Tuesday (19). Brazil will open the general debate of the 72nd session of the United Nations General Assembly, held annually in New York. According to the...

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09/18/17 Independence May Remain Elusive for Brazil Central Bank Chief

Ilan Goldfajn is racking up the milestones as Brazil’s central bank president, but he’s still a long way from securing the institution’s ultimate goal: greater independence. Since taking the helm in June last year, the 51 year-...

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09/18/17 Brazil hits Montreal Protocol target early

Brazil has managed to hit its target under the Montreal Protocol - namely cutting hydrochlorofluorocarbon (HCFC) use in the refrigeration and foaming industries by 34% - significantly earlier than its official commitment. HCFCs...

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09/18/17 Petrobras to sell up to $2 billion in debt, repurchase expensive bonds

State-controlled Petróleo Brasileiro SA will issue up to $2 billion in new bonds as part of a plan to repurchase shorter-dated, expensive securities and trim the biggest debt burden among the world’s major oil companies....

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09/15/17 Government measures create solid results for the economy

The Brazilian economy began a reversal towards economic growth in the last year. Some important measures adopted by the federal government were crucial in this process, and the country has begun to reap positive results in the...

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09/14/17 Economia brasileira cresce 0,41% em julho, mostra BC

A recuperação da atividade econômica continuou na abertura do terceiro trimestre e de forma mais acentuada que a esperada. O Índice de Atividade Econômica do Banco Central (IBC-Br) mostrou alta de 0,41% em julho, após elevação de...

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09/14/17 Temer sanctions new fiscal target for 2017/2018

President Michel Temer sanctioned a bill on Wednesday to redefine the fiscal target for 2017 and 2018. According to the decree, which will be published in the Federal Government Official Gazette (DOU) tomorrow, Brazil will have a...

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