A project between Brazil and Japan to help supply Brazilian ethanol made from sugar cane exclusively to the Japanese market could cost $8bn, Brazil’s largest newspaper reported on Saturday.
Egypt´s Orascom Telecom has submitted a bid for a stake in Brazilian phone company Brasil Telecom Participacoes, the third-largest fixed-line operator in Latin America´s most populous nation, an Associated Press report said.
Brazil´s President Luiz Inacio Lula da Silva said he´ll use meetings this week with his U.S. counterpart George W. Bush to lobby the U.S. to cut tariffs on ethanol imports.
The president of a large Brazilian milling company urged Canadian trade officials Monday to do more to convince his government to lower trade barriers on wheat from the Prairies.
Brazilian aircraft manufacturer Embraer and Switzerland-based M1 Travel Ltd. have just announced a contract for five Embraer 190 E-Jets, with options for five more of either the same model or the bigger Embraer 195, depending on market demands.
Banco do Brasil SA, Latin America´s largest bank by assets, reported fourth-quarter profit that rose a more-than-expected 69 percent on consumer and agricultural lending.
Brazil´s real rose after economists in a weekly central bank survey reduced inflation estimates, raising expectations local assets will remain attractive.
Brazilian metals giant Companhia Vale do Rio Doce (CVRD) is to buy Australian coal producer AMCI for $661m (£336m).
Brazil´s president traveled to neighboring Uruguay on Monday to smooth over strained economic ties rooted in the smaller nation´s discontent over relations with the fractured Mercosur trade bloc.
Above-average rainfall in Brazil´s Sao Paulo state, the world´s biggest orange-producing region, may allow farmers to start harvesting a month early as the fruits mature sooner than usual, an analyst said.
Volkswagen´s subsidiary company in Brazil denied that its vehicles sold in the Brazilian market are less safe than the ones it exports to Europe.
A former chief financial officer of Sadia SA, Brazil´s biggest poultry exporter, and a former ABN Amro Holding NV employee were fined by a U.S. regulator for buying shares of a rival foodmaker before a takeover bid.
Brazil´s unemployment rate rose to 9.3 percent in January as employers let go workers who had been hired months earlier for the busy Christmas retail season, the government said Thursday.
Brazilian petrochemical company Braskem plans to build a $1.4 billion plant in Bolivia, while the Brazilian state energy giant Petrobras is in talks to open a biodiesel plant in the Andean country, Bolivia´s hydrocarbons minister announced.
Brazilian stocks closed at a record high on Wednesday and the currency firmed to its strongest level in nine months in thin turnover in the first trading session after a prolonged holiday for Carnival.
The Infinity Bio-Energy group will invest 85 million Brazilian reais (US$ 40,6 million) in expansion and modernization of the premises at its Alcana Alcohol Distillery in the city of Nanuque, in the southeastern Brazilian state of Minas Gerais.
Archer Daniels Midland Co., the largest U.S. ethanol producer, is planning to open a biodiesel plant in Indonesia with Wilmar International Ltd. this year and a wholly owned biodiesel plant in Brazil before July, the Wall Street Journal reported on Thursday.
Australian renewable energy company Pacific Hydro is planning to spend $700 million on wind energy projects in Brazil.
Brazilian companies had revenues of US$ 429.7 million with sales of ceramic tiles on the foreign market last year.
Retail sales volumes in Brazil fell in December from November, the first monthly decline after four consecutive months of gains, the government´s statistics agency IBGE said.
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