Brazilian construction giant Odebrecht on Wednesday was awarded a 30-year concession to operate and maintain a stretch of the BR-163 federal highway, a major road in the western state of Mato Grosso, also known as 'soy road' because of the millions of tons of grains and oilseeds that are transported annually.
Attracted by Chile’s positive economic climate a trade mission for North West England will be arriving in Santiago on 2nd-3rd December. The delegation from one of the most dynamic areas of the UK economy has representatives from Covering Cheshire, Lancashire, Cumbria and the cities of Manchester and Liverpool.
Brazil's Supreme Court postponed until February a ruling on lawsuits by depositors that could cost the nation’s banks 65 billion dollars. Depositors claims relate to adjustments to accounts to compensate for hyperinflation and other drastic measures in early nineties mostly under president Fernando Collor de Melo.
Two people died in an accident at Sao Paulo's stadium, which is due to host the opening ceremony of the 2014 World Cup finals, police say. A senior local fire official said crews were called Wednesday midday to the Arena Corinthians after reports of a collapsed crane. It fell on top of a metal structure, destroying part of a facade.
Brazilian president Dilma Rousseff is reluctant to allow the country's oil corporation Petrobras to increase the price of fuels this year, which would have an immediate impact on gasoline, transport and inflation, according to Folha de Sao Paulo.
Brazilian airline Gol Linhas-Aereas could continue cutting its domestic network in 2014 if necessary, Chief Executive Paulo Kakinoff said this week, highlighting uncertainty about economic growth.
Brazilian state-run oil firm Petrobras fell to its lowest level in more than a year on Tuesday, pushing the country's stock market to a near three-month low on concerns the government may delay a new pricing policy that could stem losses in the firm's refining division.
Brazilian Finance Minister Guido Mantega said on Tuesday the government will remove some subsidies and delay tax breaks to keep the country's fiscal policy sound. Likewise the state development bank, BNDES, will stop funding lines for regional government next year.
The high operational costs in the ports of the region is having a negative impact for the cruise industry and some of the companies have already withdrawn vessels from the South Atlantic routes, warned Mediterranean Shipping Company, MSC and Royal Caribbean during a regional conference on the industry sponsored by Uruguay's Ministry of Tourism.
Hundreds of scientists from all over the world under the umbrella organization World Science Forum, WSF, meets this week in Rio do Janeiro to discuss their role in the 21st century and to emphasize the importance of scientific advice in political and economical decisions.