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12/21/17 Canadian Pension Plan Invests in Brazilian Power

The Canada Pension Plan Investment Board (CPPIB), which invests the assets of the C$328.2 billion ($255.1 billion) Canada Pension Plan, has formed a joint venture with Brazil’s Votorantim Energia to invest in the Brazilian power...

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12/20/17 Brazil to issue electronic visas for tourists from four countries

By October this year, tourists visiting Brazil to discover our culture, history and natural beauty had already spent more than US$ 4.8 billion in the country. To further strengthen Brazilian tourism, visitors from Australia,...

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12/20/17 Entrepreneurs defend pension reform

Leaders from major productive segments of the country met with President Michel Temer to declare their support for Pension Reform and call for urgent action to approve the bill. During the meeting, leaders of important sectors...

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12/20/17 BRAZIL’S SOYBEAN PLANTING SEASON IS WRAPPING UP

Brazil’s soybean producers have nearly completed the planting of the 2017/2018 crop. There are still some planting operations happening in the state of Rio Grande do Sul and some states in the Northeast of Brazil, according to...

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12/19/17 Horizonte Minerals compra da Vale projeto de níquel e cobalto no Pará

A Horizonte Minerals informou em comunicado que comprou da Vale o projeto Vermelho, de níquel e cobalto, localizado no Pará, por US$ 8 milhões. Segundo a companhia, o projeto tem capacidade anual de produção de 46 mil toneladas...

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12/19/17 New energy auctions will create jobs and improve infrastructure

The Brazilian government has taken another step towards the development of the country this Friday (15 December). Eleven new lots with dozens of power transmission lines will be auctioned as part of the partnership component of...

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12/18/17 Finance Minister in Brazil for bilateral talks

Minister of Finance Felix Mutati has arrived in Brazil for bilateral talks on strengthening south-south development cooperation. The Minister was met on arrival in Brasilia, the Capital of the Giant South American Country, by...

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12/18/17 Brazil’s Energy Auction Guarantees Investments of R$8.7 Billion

Electric energy regulator (ANEEL) is celebrating the successful energy auction held on Friday, December 15th, where eleven lots were auctioned off in ten Brazilian states. According to ANEEL investments from these transmission...

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12/15/17 Brazil Beef Exporters See Volumes Up 10% in 2018

Brazilian beef exporters see shipments growing 10 percent in 2018 after rising an estimated 9 percent this year despite corruption and food safety scandals that temporarily closed off major markets. Trade group Abiec on Thursday...

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12/15/17 Getting Brazil's Infrastructure Back on Track

Brazil's breadbasket is centered in its fertile midwestern highlands with their subtropical climate conducive to growing grain. But given the poor transportation infrastructure connecting those grain-producing regions with major...

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12/15/17 Oracle launches innovation lab in Brazil

Oracle has launched a new innovation lab in Brazil to co-create innovation projects alongside clients and startups. Previously based at the company's offices in Brazil, the local version of Oracle's innovation lab was mainly...

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12/14/17 Meirelles: Pension Reform will free resources to invest in the country

Speaking to business leaders in a meeting in the Presidential Palace on Tuesday (12 December), Finance Minister Henrique Meirelles said that the sooner pension reform is approved, the better for the country. According to him, the...

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12/13/17 China's Citic Sees Brazil as Growth Driver After Corn Deal

Citic Agri Fund, an investment vehicle created by China’s largest conglomerate, has chosen Brazil as the platform for its global strategy in agriculture. The Citic Ltd. fund concluded the acquisition of Dow Chemical’s Brazil corn...

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12/13/17 Brazilian startup Creditas is revolutionizing credit in the world’s third largest lending market

After 12 years working for banks and consulting firms on the digital transformation of financial services, Creditas founder Sergio Furio finally found a problem he felt he could build a business around. Over dinner with his...

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12/12/17 Agribusiness exports hit record high

Agribusiness, one of the most important segments of the Brazilian economy, set another record this year. From January to November, the sector's exports totalled US$ 89 billion, 13% higher than in the same period of last year. The...

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12/11/17 Emulating Apple to Tap Into Brazilians' Rising Car-Sharing Fever

Car rental companies don’t exactly inspire notions of digital prowess. Localiza Rent a Car SA, however, has made high tech a central focus of its business as tech-savvy Brazilians drop the dream of car ownership. The company is...

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12/11/17 Private Equity Firm GP Raises Fund to Buy a Brazil Power Company

GP Investments Ltda., the private-equity firm founded by Brazil’s richest man, is raising at least $300 million from international investors for a fund to buy the control of a power distribution company in Latin America’s biggest...

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12/11/17 Heads of Latin American countries sign declaration against trade barriers

With the signing of the Presidential Declaration of Buenos Aires this Sunday (10 December) by 10 Latin American countries, the nations of the region reinforced their commitment to reducing trade barriers between nations....

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12/11/17 LATAM Leads Digital Ad Revenues; Teads Grows Brazilian Reach to 1.2bn People/Month

In this week’s LATAM Roundup: Latin America leads digital advertising revenue growth, according to the latest Magna Report, even though Peru is one of the few markets with negative growth; Teads increases reach in Brazil,...

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12/08/17 Brazilian miner Vale sells two ships to Bocomm for $178 mln

Brazilian miner Vale SA concluded on Thursday the sale of two ships to Shanghai's Bank of Communications Finance Leasing Co Ltd (Bocomm) for $178 million. In a regulatory filing, Vale said the sale concludes the divestiture of...

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