Lower IPI Rates Set to End Friday: Daily
The reduction in the tax on industrialized products, known as IPI, brought in to encourage spending on cars and domestic...
August 27, 2012Topic
Business
Auctioned Airports to Improve by 2013
Marked improvements to Brazil’s newly-privatized airports, including São Paulo's Guarulhos, have yet to be seen, after the new operators took...
August 21, 2012
Foreign Investments Fall 40% in Brazil
Brazil’s Central Bank says foreign investors have dramatically reduced investments - recording a forty percent drop year-on-year in the first...
August 14, 2012
Petrobras Sees Worst Quarter in 13 Years
Petrobrás, Brazil’s semi-public oil producer, suffered losses of R$1.35 billion in the second semester of this year, the company’s worst...
August 7, 2012
Nearly 60% of Brazilians in Installment Debt
Some 58.2 percent of Brazilians use their monthly salary to pay off “installment debt,” according to a recent consumer survey...
August 7, 2012
Starbucks Opens New Rio Cafe in Ipanema
Starbucks latest venture in Brazil has been in Rio de Janeiro, with the arrival of Starbucks in Ipanema on Rua...
August 7, 2012
Long-term Optimism for Brazil Economy
According to economists, political experts and business figures, the current blip in Brazil's financial fortunes will be short-lived, and booming...
July 31, 2012
Chavez in Brazil to Officially Join Mercosur
Hugo Chávez was to meet with Mercosur leaders in Brasilia Tuesday to formalize Venezuela’s entrance to the bloc – a...
July 31, 2012
GringoLocal Start-up Targets Tourists
A new Brazilian start-up company is aiming to connect tourists with local services that may otherwise fall under the radar.
July 31, 2012