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11/12/07 Brazil's Embraer Says 3Q Profits Rose 87% Amid Record Deliveries

(Rio de Janeiro) Brazil's Embraer, the world's fourth-largest commercial aircraft maker, reported an 87% rise in third-quarter profits as deliveries hit record levels. Empresa Brasileira de Aeronautica SA's July-September net...

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11/09/07 Brazil Announces New Oil Reserves

The Brazilian government says huge new oil reserves discovered off its coast could turn the country into one of the biggest oil producers in the world.  Petrobras, Brazil's national oil company, says it believes the offshore Tupi...

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11/08/07 Food Prices Push up Brazil's Consumer Price Index up 0.3% in October

Rising food prices pushed Brazil's consumer price index up 0.3 percent in October, putting the country's annual inflation rate at 4.12 percent, the government statistics bureau IBGE said Wednesday. The monthly IPCA inflation...

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11/07/07 Brazil Stocks, Real Rise on Global Market Gains

Brazil's stock market rallied and the currency firmed on Tuesday as stronger markets in Europe and the United States helped boost expectations of capital inflows to the country. The Bovespa index (.BVSP: Quote, Profile, Research...

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11/06/07 Brazil Sees Progress in Doha Talks, EU Cautious

(Rio de Janeiro)  – Brazil believes considerable progress is possible toward clinching a global trade deal before the end of the year, while the EU wants increased access to developing countries, officials said Monday. “Today we...

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11/06/07 Brazil Wireless: More Competition?

Brazil's Anatel approved the acquisition by Spain's Telefonica and its Italian partners of an indirect controlling stake in Telecom Italia, but on the condition that they keep their operations in Brazil separate. Will the deal as...

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11/04/07 Brazil's Booming Tourism

A number of factors are aiding profits for Brazilian real estate investments, including increasing tourism-related foreign direct investment as well as land prices. Brazil's tourism industry is booming.  The sector has...

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10/24/07 Brazil’s Finance Minister Pursues Higher Profile Role for Nation on Global Stage

Washington D.C. (October 23, 2007) — During his keynote address at the 2007 Brazil Economic Conference yesterday at the Mayflower in Washington D.C., H.E. Guido Mantega, Finance Minister of Brazil, underscored the increasing...

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10/15/07 Brazil, US Executives Seek May '08 Deadline For Dual Tax Treaty

Executives from top corporations in Brazil and the US have proposed a May 2008 deadline for the two countries to negotiate a treaty eliminating dual taxation. The proposal was among a group of recommendations formalized at a...

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10/11/07 What's Driving Brazil M&A?

Two renowned experts recently weighted in on what is driving M&A activity in Brazil this year and what kinds of reforms are needed to spur additional growth. According to Brazil’s national association of investment banks,...

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10/05/07 Brazil is the Fifth Most Attractive Country for Investment

São Paulo – Brazil ranks fifth in the ranking of most attractive countries for foreign direct investment (FDI), losing only to China, India, the United States, and Russia. The figures were taken from a survey disclosed yesterday...

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10/01/07 Brazil Sambas onto Offshore Outsourcing Stage

Offshore outsourcing managers used to traveling back and forth to Bangalore may be trading in those frequent flier miles for tickets to São Paulo or Rio. And not for any muchneeded R&R. Some IT organizations experienced in...

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10/01/07 Thanks to Agribusiness, São Paulo Accounts for 31% of Brazil's GDP

São Paulo's trade surplus was a whopping US$ 6.92 billion between January and August of 2007. Exports totaled US$ 10.36 billion and imports reached US$ 3.44 billion. The surplus was up 8.6% vis-a-vis the same period in 2006, and...

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09/27/07 Global Outlook: Implications for LatAm

Following the best growth performance in over thirty years, and after an exceptionally vibrant period in financial markets, the global economy today is facing financial market turbulence that could undermine what had been viewed...

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09/18/07 Brazil's Leader Seeks Spanish Investment

Brazil's president urged Spanish business leaders Monday to take part in a 150 billion euro ($210 billion) development plan for his country. Luiz Inacio Lula da Silva said Spanish companies should team up with Brazilian firms or...

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09/13/07 Brazil's Top 20 Insurance Companies

According to Standard & Poor's Ratings Services, 2007 will be a turning point for the insurance industry in Brazil, as it marks the transition to an open reinsurance environment and to stronger, more prudent solvency rules....

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09/10/07 Brazil Perspective - Monthly Report from Banco Votorantim

Global financial markets are in crisis and the effects on the Brazilian economy can be seen mainly in interest rates.  This is the first test for the current growth cycle, but as yet the impact has not been significant.  The...

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08/31/07 Brazil Outlook: Managing the Volatility

• The expansion is accelerating as Brazil's economy produces more self-sustaining growth. • Inflation is still below the central bank's target, helping maintain a relaxed monetary policy. • Financial markets have been hit by the...

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08/30/07 Brazil Bovespa Exchange Moves Closer to Listing

(SAO PAULO) - Brazil's Sao Paulo stock exchange said on Wednesday its seat holders approved changes to make the exchange a for-profit company, moving it closer to a possible stock offering. The Bovespa, as the exchange is called...

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08/30/07 Brazil Helps Latin Shipping

Nelson Carlini is bullish. The general manager for Brazil for French shipping company CMA CGM (the world's third-largest container shipper) expects growth to continue, especially on the Asia routes.  "I see it favorable," he says...

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