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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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12/07/17 Brazil set to cut rates to all-time low, hint at further cuts

The Brazilian central bank is set to cut interest rates to an all-time low on Wednesday and hint at further cuts early next year as inflation stays surprisingly below the official target. The bank’s monetary policy committee,...

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12/07/17 Brazilian government authorises purchase of UK’s HMS Ocean

Brazil’s Ministry of Defence on 1 December authorised the navy to begin efforts to purchase the UK Royal Navy’s HMS Ocean landing platform helicopter (LPH). The Brazilian Navy requested this authorisation in early 2017 after a...

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12/06/17 Brazil is changing and creating more dialogue with society

In his remarks during an official lunch offered by the Brazilian government at the Itamaraty Palace (headquarters of the Brazilian Foreign Ministry), President Michel Temer said that the visit by Bolivian President Evo Morales...

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12/05/17 Brazil agriculture, agribusiness contributed 23.5 pct to GDP in 2017 - CNA

Brazilian agriculture and agribusiness contributed 23.5 percent to the country’s gross domestic product in 2017, the highest in 13 years, according to an estimate by CNA, a farm lobby. CNA also said job creation was the highest...

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12/05/17 Brazil's PagSeguro considers IPO in New York

Brazilian payment processor PagSeguro Internet Ltda is considering an initial public offering in the first quarter of 2018 in New York, two people with knowledge of the matter told Reuters. PagSeguro, which provides online and...

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12/04/17 GDP has best Q3 since 2013

Buoyed by the measures taken to reorganise the economy and make Brazil more efficient and less bureaucratic, the economy has grown again. In the third quarter of the year, GDP grew by 1.4% when compared to the same period of last...

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12/04/17 Investment growth shows optimism in Brazil -finance minister

Third-quarter gross domestic product (GDP) figures confirm Brazil’s economy is on a growing trajectory and stronger investment shows optimism about the country’s future, Finance Minister Henrique Meirelles said on Friday via...

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