Brazil’s automakers association said on Monday it only expects auto sales to recover to pre-coronavirus levels in 2025, discarding the possibility of a V-shaped recovery and taking on a grim view for the industry.
China has suspended imports from two Brazilian pork plants owned by meatpackers JBS SA and BRF SA, according to the Chinese customs authority, as it cracks down on meat shipments amid concerns about the new coronavirus.
Brazil is expected to pass 1.5 million confirmed coronavirus cases on Friday, as the virus continues to ravage Latin America's largest country even as cities reopen bars, restaurants, and gyms sparking fears infections will keep rising.
Brazil President Jair Bolsonaro on Friday watered down a law requiring the wearing of face masks in public places to prevent the spread of the coronavirus. The far-right leader used his veto power to remove articles obliging people to wear masks in shops and churches.
Mass testing revealed an outbreak of novel coronavirus infections at plants operated by JBS SA and BRF SA in Brazil's Center West, the labor prosecutor's office in Mato Grosso do Sul state said on Friday, citing company data.
A union representing workers at planemaker Embraer filed a lawsuit on Friday seeking to dismiss the company's board, after a US$4.2 billion deal with Boeing Co collapsed amid the pandemic, leaving the Brazilian jet-maker scrambling for a new path forward.
Brazil’s lower house of Congress approved on Wednesday a constitutional amendment to postpone municipal elections to November from October due to the novel coronavirus pandemic.
Brazil’s President Jair Bolsonaro said he would veto a bill regulating fake news, which has also been criticized by social media companies such as Facebook and Twitter, if it comes to his desk from Congress in its present shape.
Industrial production in Brazil rose 7% in May, official figures showed on Thursday, the second-biggest monthly increase ever as activity started to pick up following two months of stricter lockdowns to curb the spread of the novel coronavirus.
Brazil surpassed 60,000 coronavirus deaths on Wednesday, the Ministry of Health reported, citing a recent wave of contamination in southern and mid-western areas of the country.