Brazilian bank lending rose in December, led by higher demand from consumers and smaller companies that took advantage of the lowest interest rates in more than six years, the central bank said.
Police said this weekend they weren´t discarding the possibility that human trafficking played a role in the disappearance of a former Miss Brazil who hasn´t contacted her family since September.
Brazilian President Luiz Inacio Lula da Silva said he´s ready to make the compromises needed to reach a global trade agreement.
Brazilian investments in foreign countries outstripped inbound ones by 8.5 billion U.S. dollars in 2006 due to major acquisitions, the Central Bank said.
The Brazilian minister of Foreign Relations, Celso Amorim, announced, during the International Conference for Lebanon (Paris III), a US$ 1 million donation for financing reconstruction projects.
Empresa Brasileira de Aeronautica SA, the world´s fourth-biggest aircraft maker, said it´s in discussions with Japan Airlines Corp. for an order of as many as 10 regional jets.
Brazil´s unemployment rate fell to a one-year low in December, the national statistics agency said.
Companhia Vale do Rio Doce hereby announces that its Senior Management has approved and will submit to the Board of Directors a proposal for dividend payment of US$ 1.65 billion to shareholders in 2007.
Brazil has requested the United States extradite two leaders of an evangelical church who allegedly used their followers´ donations to buy mansions, a horse farm and apartments in Brazil and the U.S., the Foreign Ministry said.
Banco Bradesco, Brazil´s largest private sector bank, said on Wednesday it agreed to buy a small local bank called Banco BMC for 800 million reais ($375.6 million) in stock as it seeks to take advantage of the country´s fast-growing credit market.
Brazil´s benchmark IPCA consumer price index rose 0.52 percent in the month-long period though mid-January, accelerating from 0.35 percent rise in the month to mid-December, the government said.
Brazilian authorities say their air traffic controllers bear some responsibility for the September midair collision that sent 154 people plunging to their deaths in the jungle. Pilots Joseph Lepore, 42, of Bay Shore, L.I., and Jan Paladino, 34, of Westhampton Beach, L.I., had been blamed for steering their ExcelAire executive jet into the path of a Gol Airlines flight.
Meeting in Rio de Janeiro, Brazilian President Luiz Inacio Lula da Silva and his Venezuelan counterpart, Hugo Chavez, signed an accord that foresees construction beginning in 2009 on the first leg of what is intended to be a continent-spanning pipeline to carry natural gas from Venezuela to the Southern Cone.
Brazil´s state-owned oil and gas giant Petrobras said that it will account for one-third of what the Brazilian government expects to spend until 2010 to boost the country´s economic development.
A man accused of being one of the robbers who tunneled in and stole more than $70 million in cash from a branch of Brazil´s central bank in 2005 was found dead on a remote ranch, authorities said.
Brazil´s president unveiled a plan on Monday that calls for 503.9 billion reais ($237 billion) in public and private infrastructure investments over four years to speed economic growth in Latin America´s largest country.
The South American agricultural powers Argentina and Brazil have joined Canada in a complaint against the United States over what they contend are illegal government handouts to American corn growers, trade officials said.
Brazil´s mobile market is likely to grow less than 10% in 2007, down from the 15.9% growth in subscribers seen in 2006, Luciana Leocádio, analyst at local bank Ativa Corretora, told BNamericas.
Brazil´s consumers should and are able to pay more for natural gas from Bolivia, the source of more than half of their supply, Evo Morales, Bolivia´s president, said.
Having already stormed world fashion, Apple´s hip iPod music player is finally making its presence felt in global currency markets.
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