JBS Suspends Meat Production at 33 Plants in Brazil
Due to the tainted meat scandal, one of the world's largest meat processors, JBS, will halt production for three days...
March 24, 2017Topic
Business
Meat Scandal Will Cost Brazil Over R$1.5 Billion Per Year
Since Friday daily average exports fell from US$63 million to US$74,000 and meat companies shares fell by R$7.72 billion in...
March 23, 2017
Brazil’s Petrobras Registers Loss of R$14.8 Billion in 2016
Despite negative result, reduction of company's debt decreased by 22 percent last year and Q4 registered a net income.
March 22, 2017
Retirees in Rio to Receive R$250 Million of Lava Jato Money
Court orders that part of corruption money retrieved from former Governor Cabral be used to pay bonus of state retirees.
March 20, 2017
Brazilian Airports Raise R$3.72 Billion for Government in Auction
Three European companies won the concessions for the airports of Fortaleza, Salvador, Florianopolis and Porto Alegre with premiums reaching over...
March 17, 2017
Brazil’s Courts Authorize Petrobras to Sell Assets
With the aggressive divestment program, the company hopes for US$21 billion in revenues by 2018.
March 16, 2017
Brazil Cuts Rates For Renewable Energy Projects in Amazon
The country's development bank announced special financing conditions for renewable energy generation projects in isolated areas of the region.
March 15, 2017
Brazil Has 6th Highest Cargo Transport Risk Rate in World
Brazil jumped from 10th to 6th place in threat of cargo robberies in March, being only safer than war-torn countries...
March 14, 2017
Brazil to Raise R$3 Billion with Airport Concessions this Week
Winning concessionaires will have to invest at least R$ 6.6 billion in expansion of passenger terminals, aircraft yard and overall...
March 13, 2017