News & Articles

News & Articles

The Chamber brings you the latest news articles and market intelligence.

Are you a Member?

Recent News

Join Our Mailing List
OR
06/10/08 Petrobras, Mitsui Sign Accord to Study Utah Oil-Shale

Petroleo Brasileiro SA, the Brazilian oil company that plans to spend $112 billion over five years to expand operations, and Mitsui & Co. signed an agreement to study the extraction of oil from shale deposits in Utah....

Read more
06/09/08 Brazil in $200bn sovereign fund plan

The Brazilian government plans to use revenues from newly discovered oil fields to create a sovereign wealth fund containing as much as $200bn-$300bn in the next three to five years, Guido Mantega, finance minister, has told the...

Read more
06/09/08 Brazil’s new status wins admirers

Institutional investors are likely to take a fresh look at Brazil following ratings upgrades by two big agencies in the past two months. Standard & Poor’s and Fitch have both upgraded Brazil’s long-term sovereign debt to...

Read more
06/03/08 WTO to allow Brazil to impose sanctions on U.S. imports

Judges at the World Trade Organization on Monday cleared the way for Brazil to impose $4 billion in sanctions on imports from the United States for failing to abide by a previous ruling to cut aid to U.S. cotton farmers. "The U.S...

Read more
06/03/08 Robert Kabel clarifies WTO's System of Preferences at Chamber's briefing

Aligned to the United Nations Conference on Trade and Development's (UNCTAD) goal to maximize trade opportunities between countries, the Generalized System of Preferences (GSP) is a program focused on lowering tariffs of selected...

Read more
06/02/08 In Brazil, sugar-cane ethanol is booming

Just a decade ago, the giant Moema ethanol and sugar mill in this corner of southeastern Brazil covered less than half of its current 173,000 acres. It produced mainly sugar. That was before world petroleum prices skyrocketed and...

Read more
06/02/08 Brazil says biofuel production not to blame for food crisis

With its prodigious farm exports and its major industry making ethanol from sugarcane, Brazil is seeking to show that in the food versus biofuel debate at least in its case the two can co-exist. President Luiz Inacio Lula da...

Read more
06/02/08 The legal and economic scenario for tourism investments in the Brazilian Northeast

In the last ten years, Brazil has become one of the most promising economies in regards to foreign investment. Its natural characteristics and unexplored potential have encouraged the development of the tourism industry, and the...

Read more
06/01/08 Brazil as a Top Tourist Destination: Making Giant Steps in the US Market

Brazilian tourism welcomed 2008 by celebrating a record: US$ 4.953 billion entered the country’s economy through the expenditures of nearly five million foreign tourists that chose Brazil as their destination last year. The...

Read more
05/30/08 Fitch upgrades Brazil to investment grade

Fitch Ratings on Thursday upgraded Brazil's credit ratings to investment grade, becoming the second large rating agency in less than a month to give the coveted classification to Latin America's largest economy. Fitch said in a...

Read more
05/28/08 Hostile Takovers at BOVESPA: When will they start?

The Brazilian stock exchange (BOVESPA), the largest in Latin America with 70 percent of the volume in the region, saw a robust wave of IPO's in 2007. As the number of Brazil-based public companies increases, BOVESPA's track-...

Read more
05/28/08 Merrill Lynch Creates Real Estate Fund In Brazil

Merrill Lynch & Co. plans to start an investment fund for real estate in Brazil with partner MaxCap Real Estate Advisors, Valor Economico reported, citing a company statement. The fund is already negotiating the acquisition...

Read more
05/27/08 U.S. Ethanol Isn't Up to Brazilian Smackdown

Sometimes two things look pretty much the same, like a Cartier diamond and a Home Shopping Network cubic zirconia. There's a world of difference between the two. The same is true of ethanol made in the U.S., mainly from corn, and...

Read more
05/23/08 Brazil Energy Program to be discussed in New York

Global climate changes, hikes in crude-oil prices, and food supply concerns are the dominating themes of almost every business discussion today. Underlying these debates are the decisions related to the energy sector, which have...

Read more
05/23/08 New Find Fuels Speculation Brazil Will Be a Power in Oil

A flurry of activity by emerging oil giant Petróleo Brasileiro SA is heating up speculation that Brazil may have enough deep-water oil to propel it into the big leagues of global oil exporters and ease pressure on soaring oil...

Read more
05/21/08 Brazil More Competitive

Chile and Peru are the most competitive economies in Latin America, while Venezuela and Argentina remain the least competitive. Brazil's economy has become more competitive, while Mexico's has become less so, according to the...

Read more
05/20/08 `BRIC' Dialogue Is Changing World Order, Amorim Says

Brazilian Foreign Minister Celso Amorim said the so-called BRIC countries are ``changing the way the world order is organized'' as they seek to convert their combined economic clout into greater political influence. The foreign...

Read more
05/20/08 Brazil Buys More PCs Than TVs, Bolstering Hewlett-Packard, Dell

When Catarina Delboni traded in her generic computer for a new system from Hewlett-Packard Co., she joined the ranks of Brazilian consumers taking advantage of lower prices and payment plans to buy from the top U.S. brands. Her...

Read more
05/19/08 Feed People, Fuel Economies, and Foster Stewardship

The United States and Brazil have a chance to create a partnership to confront a new global challenge: the rising price of food in the face of new demands for food stocks. Around the world, food prices have increased so...

Read more
05/16/08 Brazilian companies launch carbon reporting programme

Eleven major Brazilian companies have committed to report their greenhouse gas (GHG) emissions through a new voluntary registry. By signing up to the Brazil Greenhouse Gas Protocol Program, the companies commit to use the GHG...

Read more

Pages