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10/06/17 State Enterprise profits up 19.6% after improved management

In the wake of changes in the rules governing the management of State-owned Enterprises, the profits of these companies have skyrocketed. Data from the Ministry of Planning, Development and Management shows that total profits...

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10/06/17 Obama, in Brazil, Offers Familiar Slogan to Corporate Audience

Former President Barack Obama on Thursday told business leaders in Brazil that he regretted not having been able to do more to remedy the deeply polarized politics of the United States while he was in office. Mr. Obama did not...

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10/05/17 Dissolving corruption in Brazil

Brazil's judicial investigation into widespread government corruption has unveiled an expansive network of illicit relationships between small clusters of private firms, public sector officials and politicians. Several high-level...

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10/05/17 President Obama’s Visit to Brazil

On Thursday, October 5, President Obama will meet with young leaders in São Paulo to learn more about how they are making a positive difference in their communities — and how the Obama Foundation can ensure all young leaders have...

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10/05/17 Exports to China boost trade balance

A long-standing trading partner, China has established itself as the most important market for Brazilian products. The country's interest in Brazilian raw materials has had a decisive role for Brazil's trade balance. Brazil's...

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10/05/17 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. The plan is part of the company’s...

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10/04/17 With confidence on the rise, carmakers predict billionaire investments in Brazil

In the wake of the great performance in auto exports and improved economic indicators, companies have begun investing to get projects off the ground. This year alone, five major carmakers have announced over R$ 10 billion in...

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10/04/17 Oil and gas giant Statoil moves into solar, acquires share in 162 megawatt Brazilian facility

Statoil is entering the solar market. The Norwegian energy business announced Wednesday that it had signed an agreement to acquire a 40 percent share in the "construction ready," 162 megawatt (MW) Apodi solar asset in Brazil....

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10/03/17 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. Unilever’s purchase of Mãe Terra, which makes everything from organic cereals,...

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10/03/17 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. As a...

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10/02/17 Brazil's minister says inflation to end 2017 below 3 percent

Brazil’s inflation rate will probably end the year below 3 percent, undershooting the lower bound of the official target range, Planning Minister Dyogo Oliveira said on Monday.

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10/02/17 Energy concessions raise R$ 16 billion in public revenue

The government has just raised R$ 16 billion in revenue through the energy concessions programme. The results of the auctions held on Wednesday (27) were assessed as better than expected by both the government and financial...

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10/02/17 Brazilian finance minister attempts to woo the UK with free trade offer

Brazil hopes to begin free trade ­negotiations with the UK as soon as possible, the country’s finance minister said on a visit to Britain, as the South American nation seeks to open up to the world. “We are ready to open...

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09/29/17 Mobility apps celebrate legislative victory in Brazil

Mobility apps celebrated their latest victory in Brazil as a Senate vote for legislation aimed at making their operation unviable has been postponed. Uber, Cabify, and local firm 99 are the main companies sharing the urban...

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09/29/17 Exxon Mobil Bets Big On Brazil, Extends Wager On Permian

All the hubbub in oil circles this week has been about Chevron Corp.'s announcement of a new CEO to replace the retiring John Watson (longtime pipeline and refining executive Mike Wirth). But its rival Exxon Mobil Corp. was...

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09/28/17 Brazilian Businessman Proposes Free-Trade Tech Initiative at WTO

A Brazilian business leader urged a World Trade Organization forum on Wednesday to use a technology initiative to help smaller firms gain better access to global commerce and trade. The Intelligent Tech & Trade Initiative (...

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09/28/17 Meirelles: hydro auctions confirm Brazil's recovery

Finance Minister Henrique Meirelles said that the hydro power plant concession auctions carried out this Wednesday (27) confirm the recovery path of the Brazilian economy. The operation generated R$ 12.13 billion in revenue for...

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09/27/17 How A Small Clinic Is Having A Big Impact On Healthcare In Brazil

Brazil's inability to provide some 150 million uninsured residents with access to healthcare has created a significant market opportunity for low-cost medical clinics like Dr. Consulta. Launched in 2011 in São Matheus, one of São...

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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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