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05/01/18 Swiss Economics minister in Brazil to boost trade talks

Swiss economics minister Johann Schneider-Ammann has arrived in Brazil on a six-day visit to the region aimed at boosting talks on a free trade agreement with the South American economic area Mercosur. In addition to Brazil,...

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05/01/18 BP eyes upcoming oil auctions in Brazil, Mexico: Latam chief

HOUSTON (Reuters) - Oil major BP Plc is closely following oil auctions in Brazil and Mexico, which are expected to announce new awards later this year, to decide whether to submit bids and expand its presence in the region,...

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04/30/18 Route 2030, now in final negotiations, will bring new incentives to national carmakers

The Minister of Industry, Foreign Trade and Services, Marcos Jorge, said on Tuesday (24 April) that the Route 2030 programme, created to boost the Brazilian automotive industry, should be launched later next month. The minister...

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04/30/18 Exodus of Venezuelans Overwhelms Northern Brazil

PACARAIMA, Brazil — Hundreds turn up each day, many arriving penniless and gaunt as they pass a tattered flag that signals they have reached the border. Once they cross, many cram into public parks and plazas teeming with...

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04/30/18 Brazil and Chile sign trade agreements

"Brazil and Chile have advanced in their economic relations," President Michel Temer assessed during the official signing of cooperation agreements between the two countries on Friday (27 April). Temer received the president of...

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04/27/18 Brazil's Central Bank authorizes peer-to-peer lending

BRASILIA/SAO PAULO, April 26 (Reuters) - Brazil’s Central Bank on Thursday released rules for credit start-ups that include authorization for peer-to-peer lending, as a way to increase competition in loans in a country with...

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04/27/18 For Temer, government is moving forward with society's old demands

Commenting on the creation of the federal and regional councils of industrial and agricultural technicians this Tuesday (24), the President of the Republic Michel Temer, assessed that Brazil's government has been moving forward...

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04/27/18 Embrapa reaches R$ 37 billion in social profits in 2017

Preliminary information from the 2017 Social Balance Sheet of the Brazilian Agricultural Research Corporation (Embrapa) indicates that it has reached R$ 37.18 billion in social profits last year. Disclosed on Monday (23), the...

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04/26/18 Manaus Free Trade Zone revenue starts growing again after two years

Companies based at the Manaus Free Trade Zone, in the state of Amazonas, have shown a positive performance, reaching R$ 82 billion in revenues in 2017. Brazil’s economic recovery, supported by falling inflation and interest rates...

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04/26/18 China Expands Brazil Frontier as Investment Grows During Crisis

Building a major port in Brazil is the type of project that would hardly fall into the hands of a Chinese company. At least not until the largest Brazilian builders went down in the aftermath of a corruption investigation. After...

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04/26/18 Amazon.com plays catch-up in Brazil as local rivals thrive

SAO PAULO (Reuters) - Claudia Maria de Oliveira is leery of online shopping. But while browsing social media recently, the 49-year-old Brazilian spotted a bargain-priced sandwich press from local retailer Magazine Luiza SA (MGLU3...

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04/25/18 Brazil’s north region GDP grows 8x faster than national average, reaching Chinese levels

A survey carried out by the Brazilian government to assess individual growth rates at each of the country's main geographic regions revealed that the north was by far the fastest-growing of the five. All main segments of the...

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04/25/18 Route 2030, now in final negotiations, will bring new incentives to national carmakers

The Minister of Industry, Foreign Trade and Services, Marcos Jorge, said on Tuesday (24 April) that the Route 2030 programme, created to boost the Brazilian automotive industry, should be launched later next month. The minister...

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04/25/18 GM banks on Chinese vehicle family to boost Brazil sales

DETROIT/SAO PAULO (Reuters) - General Motors Co (GM.N) is planning for long-term profitability in South America built on the back of draconian cost cutting during Brazil’s recession and the same low-cost vehicles it is developing...

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04/24/18 Brazil IPOs Finally Take Off With Busiest Week in Seven Years

Brazil’s initial public offering market is set for its busiest few days in seven years, with three IPOs expected this week after Notre Dame Intermedica Participacoes SA’s successful debut. The Bain Capital-backed health insurer...

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04/24/18 Santander's profits up 10 percent as Brazil offsets UK weakness

MADRID (Reuters) - Banco Santander’s (SAN.MC) solid performance in its main market Brazil helped the bank produce a slightly better-than-expected 10 percent rise in first-quarter net profit, offsetting weakness in its UK business...

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04/24/18 Kroton nabs Somos for up to $1.8 billion in Brazil education deal

SAO PAULO/BRASILIA (Reuters) - Brazil’s largest for-profit education firm, Kroton Educacional SA (KROT3.SA), resumed its buying spree with an acquisition of Somos Educação SA (SEDU3.SA) for up to 6.3 billion reais ($1.8 billion...

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04/20/18 Protectionism is short-term and we don't like that, Brazil's finance chief says

Even if protectionism brings some short-term gains, Brazil is against it and is instead looking to boost its trade ties across the world, the country's finance minister told CNBC on Thursday. "Although we could even benefit from...

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04/20/18 Brazil mid-April inflation accelerates, but less than expected

BRASILIA, April 20 (Reuters) - Brazil's inflation rate accelerated for the first time this year in mid-April but still undershot economist expectations, keeping the central bank on track to cut interest rates to an all-time low...

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04/20/18 Brazil To Allow Funds To 'Indirectly' Invest In Cryptocurrencies

Brazil’s securities regulator is set to give the green light in early May for fund managers to “indirectly” invest in cryptocurrencies, according to local news reports. The Comissão de Valores Mobiliários, which acts as Brazil’s...

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