No menu items!

Business>National Business|Brazil>Business

China’s soybean imports from Brazil slide

China’s soybean imports from Brazil fell 15% in October from the same month last year, as high prices and...

Brazil: Inflation rises 0.59% in October in the IPCA after a period of deflation

Inflation in the Broad National Consumer Price Index (IPCA), the main Brazilian inflation index,...

Brazil: Petrobras refineries sale should take 2 to 3 years

Brazil's Administrative Council for Economic Defense (CADE) is in the 4th revision of the term of cessation of conduct (TCC) of refining, which requires...

Brazil posts US$6.31 billion trade surplus in April up to third week

RIO DE JANEIRO, BRAZIL - In the month, exports totaled US$15.381 billion, with US$6.844 billion in the third week....

Brazil currently taxes international companies, says Economy Minister on...

RIO DE JANEIRO, BRAZIL - Brazil currently taxes international companies in some form, said on Tuesday Minister of Economy...

With high fuel and exchange rate, Brazil’s Central Bank estimates inflation of 5% in 2021

RIO DE JANEIRO, BRAZIL - Concern with rising prices was the main reason for...

Bucking the trend, Toyota to produce the Corolla Cross in Brazil despite “Brazil cost”

RIO DE JANEIRO, BRAZIL - Toyota's new model, the Corolla Cross is starting to be produced in Brazil as the brand's model to reach more consumers in the region. The SUV will be exported to...

Via Varejo: R$1 billion profit in 2020; plans to become Brazil’s largest marketplace

RIO DE JANEIRO, BRAZIL - Via Varejo, owner of Casas Bahia and Ponto Frio, posted a net accounting profit of R$1 billion (US$173 million) last year, compared to a loss of R$1.4 billion the previous...

Renault announces R$1.1 billion investment in Brazil

RIO DE JANEIRO, BRAZIL - On Monday, March 1st, Renault announced that it will invest R$1.1 billion (US$197 million) in Brazil this year and...

Raw material prices climb 40% and offer opportunities for Brazil

RIO DE JANEIRO, BRAZIL - Although Covid-19 is still a long way from being eradicated worldwide, countries' economies in general have been rebounding reasonably quickly from the sharp decline triggered by the pandemic. China, a kind...

Banco do Brasil shares down almost 5% amid rumors of CEO resignation

RIO DE JANEIRO,  BRAZIL - After the market closed on Friday, February 26th, however, Banco do Brasil released a statement saying that its CEO has not submitted his resignation. This Friday's session was again turbulent for...

Australian Senator Gerard Rennick: "There has been a lot of misleading advertising in regards to the safe and effective claim….the risks have never been clearly outlined"