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Brazil


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Brazil increases interest rates

Brazil increases interest rates to 13% from 12.25%, in an attempt to counter rising inflation

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Brazil heading to Port of Spain

The dates of the CONSUR B/NAWIRA play-off matches between Brazil and Trinidad + Tobago have been announced as the Rugby World Cup 2011 qualifying competition gathers pace."

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Oi purchases USD599 million worth preffered shares in BrT (Brazil)

Oi, the Brazilian telecoms group, has purchased USD599 million (BRL948 million) worth of preferred shares in fixed line counterpart Brasil Teelcom (BrT) and its parent, Brasil Telecom Participacos, via a public tender offer. In a stock market filing, Oi paid USD19.27 (BRL 30.47) per share for 20.8 million shares in the parent company and USD14.81 (BRL23.42) per share for [...]

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GKN wins Brazil aircraft contract

GKN, the UK engineering group, is to provide components for the next generation of business jets from Embraer of Brazil. It has won a contract to supply the engine...

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Why are penguins dying on the beaches of Brazil?

NITERÓI, Brazil — The discovery of hundreds of young penguins washing up along the Brazilian shoreline over the past month has...

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Brazil lifts benchmark rate to 13%, above expectations

SAN FRANCISCO (MarketWatch) -- Brazil's central bank rate committee late Wednesday raised its key interest rate by 75 basis points, to 13%, as it moved to curb rising inflationary pressures. Economists had widely expected the Selic rate to be raised by 50 basis points, from 12.25%. Consumer prices on an annualized basis are running above the country's inflation target of 4.5%. In April and June, policymakers...

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Brazil boom breeds new generation of millionaires

When Fabio Calderaro was a 23yearold cadet at Brazils military academy in 2000 he invested a couple of thousand dollars in the stock market

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Kubotek USA Taps Brazil's RCTASK with Pacesetter Award

MARLBOROUGH, Mass.--(BUSINESS WIRE)--RCTASK, one of the premier KeyCreator CAD resellers, has received the Pacesetter Award for the second consecutive year.

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Industrial Info Resources: Fire Shuts Down Delayed Coker at Petrobras' Regap Refinery in Brazil, an Industrial Info News Alert

CORDOBA, ARGENTINA (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- A fire broke out on July 21 in the 24,000-barrel-per-day delayed coker unit of Petrobras' (NYSE: PBR) (Rio de Janeiro, Brazil) Regap refinery in Minas Gerais, Brazil. The refinery's other processing units were not affected. Plant officials are evaluating the damage.

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Brazil increases interest rates

Read full story for latest details.

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Brazil increases interest rates

Brazil increases interest rates to 13% from 12.25%, in an attempt to counter rising inflation

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Brazil beats Russia in straight sets to open World League volleyball finals

Five-time defending champion Brazil routed Russia 25-23, 25-18, 25-15 in the opening match of the World League volleyball finals on Wednesday.Brazil needed little more than one hour to defeat the Russ...

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Brazil sprouts new millionaires

When Fabio Calderaro was a 23-year-old cadet at Brazil's military academy in 2000, he invested a couple of thousand dollars in the stock market.At first, the value of his investment plummeted. But as he grew more market savvy, his fortunes changed - so much so that a few years later Mr. Calderaro quit the military and started living off his gains.

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Brazil raises interest rate above expectations, to 13%

LOS ANGELES (MarketWatch) -- Brazil's interest-rate policymakers Wednesday evening raised its key rate to 13%, a level higher than had been anticipated by economists.

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Brazil Beauty products to launch ‘Brazilian fruit’ cosmetics line

LAS VEGAS, USA (AVING Special Report on ‘COSMOPROF 2008′) — Brazil Beauty products launched ‘Brazilian fruit’ cosmetics line made of the premium quality, all-natural plant extracts and oils found only in the Rainforest and other parts of Brazil at 2008 Cosmoprof North America, July 13~15, in Las Vegas. Original post by Kevin Choi