Number of Defaulting Companies in Brazil Increased 11 Percent
After Brazil suffered its worst GDP decline in over 25 years, an increasing number of businesses are now starting to...
April 28, 2016Topic
Debt
Brazil’s Petrobras Divestment Program to Increase in 2016
CEO says state-controlled oil giant will have a smaller structure but be much more profitable than today.
December 16, 2015
Brazil’s Petrobras Registers R$3.76 Billion Loss in Q3
Despite recent company troubles, foreign investors continue to show interest in Brazil's oil giant.
November 13, 2015
Brazil’s Petrobras to Sell US$13.7 Billion in Assets
Assets to be sold will help the company reduce its net debts and preserve its cash flow.
March 3, 2015
Brazil Slashes R$44 Billion from 2014 Budget: Daily
The Brazilian ministry of finance has announced that they will cut R$44 billion (US$18.5 billion) from the 2014 budget.
February 22, 2014
Petrobras Announces Fuel Price Hike in Brazil: Daily
Petrobras announced that the state-controlled oil company would be increasing fuel prices for the third time this year.
December 2, 2013
Inflation Worry Highest Since 2001: Daily
According to Brazil’s National Consumer Expectations Index, the INEC, concern surrounding inflation among Brazilians is at its highest level since...
July 30, 2013
Brazil to Cancel US$900M in African Debt
In the latest in a raft of measures to strengthen economic ties between Brazil and Africa, Brazil will write off...
May 28, 2013
Retail Slumps with Consumer Confidence
Brazil’s retail sales have seen their first annual drop in almost a decade, prompting debate about whether Brazil’s consumer boom...
May 14, 2013