Brazilian aircraft manufacturer Embraer this week that profits more than doubled in the second quarter, driven by strong sales of midsize commercial jets and the company's new, popular executive jets.
Brazilian President Luiz Inácio Lula da Silva of Brazil is expected in Argentina on Sunday to have his first meeting with President Cristina Fernández de Kirchner since the two nations clashed at the Doha round trade negotiations which collapsed on Tuesday in Geneva.
Penguins from frigid waters near the bottom of the world are washing up closer to the equator than ever before, Brazilian wildlife authorities said Wednesday.
Rio Tinto PLC, the world's second-largest iron ore producer announced Tuesday it will spend 2.15 billion US dollars on a major expansion of its iron ore mine in Corumbá, Brazil, to help meet increasing demand in South America and the Middle East.
Brazil's government managed oil and gas corporation Petrobras is among the world's top five energy sector leaders and is the second biggest company in Latin America, according to studies published by Goldman Sachs and by América-Economía magazine.
Brazilian president Lula da Silva underscored the good indicators of the Brazilian economy in spite of the world crisis and soaring food prices and said his administration's policy is to increase production to combat inflation.
With high prices for soy and corn, which are spurring growers to plant more, the Brazilian fertilizer industry expects a record volume sales year. However fertilizers high cost could have an impact for some crops.
Brazil's central bank raised interest rates by 75 basis points to 13% on Wednesday, lifting borrowing costs for the third time in four months in a bid to prevent resurgent inflation from undermining economic growth.
Brazilian president Lula da Silva extended an invitation to Latinamerican and Caribbean leaders to discuss regional integration and development in a meeting scheduled next December 16/17 in the northeastern city of Salvador. The announcement was made during a banquet to honor Trinidad and Tobago Primer Minister Patrick Manning.
Colombia and Brazil agreed on a cooperation and defense pact aimed at controlling the one thousand mile lawless common border which is regularly used by drugs and arms dealers as well as the cocaine-funded FARC rebel group.