Tag: Brazilian business

The value of the 50 most valuable brands in Brazil in 2022 increased by 12% compared to 2021, from R$275.2 billion (US$53.7 billion) to R$ 308.4 billion. The information is from the Brand Finance Brasil 100 2022 report, which increased...
Micro and small companies (MSEs) boosted formal job creation in the year's first half. Of the nearly 1.33 million formal jobs created in Brazil from January to June, 961,200, equivalent to 72.1% of the total, originated in small businesses. The...
JHind Taurus India Private Limited, a joint venture between Brazil's Taurus Armas and India's Jindal Group, is very close to starting operations in the northern Indian city of Hisar, an important milestone given the major contracts being negotiated with...
The increased prices of various imported items, especially fertilizers and oil, shrink the trade balance surplus in July. Last month, the country exported US$5.44 billion more than it imported, a drop of 22.7% compared to the same month in...
The survey released on August 1 by the Foreign Trade Association of Brazil (AEB) reveals that despite the resumption of positive results achieved from 2021 with the easing of the pandemic of covid-19, Brazil cannot consider South America a...
The quarter ended in June with an occupied population of 98 million people in Brazil. The estimate is from the Brazilian Institute of Geography and Statistics (IBGE). According to the agency, the number is the highest in the historical series,...
International treaties to avoid double taxation are getting a new design. The most recent agreements signed by Brazil with Singapore, Switzerland, and the United Arab Emirates, bring changes that, according to experts, align the country to BEPS (Base Erosion...
ArcelorMittal, the world's second-largest steelmaker, has agreed to purchase Brazilian steelmaking firm Companhia Siderurgica do Pecem (CSP), a joint venture between Vale, Dongkuk Steel Mill, and Posco, for an enterprise value of US$2.2bn. Brazilian mining firm Vale holds a 50%...
GE Renewable Energy - the US multinational's division focused on equipment for renewable energy generation - will stop producing wind turbines in Brazil, sources familiar with the matter told Brazil Journal. The news should be a blow to the renewable...

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