Brazil

Tuesday, August 11th 2020 - 08:20 UTC
Encouraging second half first month for Brazilian car manufacturing

Brazilian car manufacturing started to recover during the first month of the second half of the year. Numbers released by the National Association of Automotive Vehicle Manufacturers (Anfavea), point out that in July, production reached 170,300 units, an increase of 73% over June, but still 36.2% lower than the same month last year. Despite the increase, it was still the worse July since 2003.
Tuesday, August 11th 2020 - 08:19 UTC
Sunbathers in Rio beaches will have to reserve spaces through a mobile app

Sunbathers wanting to visit Rio de Janeiro's famous beaches, despite Brazil's raging COVID-19 epidemic, could soon be able to reserve socially-distant sand space through a mobile app, the city's mayor said on Monday.
Monday, August 10th 2020 - 07:59 UTC
Brazil's Covid-19 death toll shoots above 100,000 with no relief on sight

Brazil's death toll from COVID-19 passed 100,000 on Saturday and continued to climb as most Brazilian cities reopen shops and dining even though the pandemic has yet to peak. Confronting its most lethal outbreak since the Spanish flu a century ago, Brazil reported its first cases of the novel coronavirus at the end of February.
Monday, August 10th 2020 - 06:02 UTC
A Spanish bishop fervent defender of Amazon indigenous peoples dies 92 in Brazil

The Spanish bishop Pedro Casaldaliga, a fervent defender of the indigenous people of the Amazon, died Saturday at the age of 92 in Brazil, where he had been living since 1968, his office said.
Saturday, August 8th 2020 - 08:18 UTC
Brazil's leading banks giving repayment extensions to some US$ 44bn in outstanding loans

Brazil’s top four listed lenders are giving months-long extensions for consumers and companies to repay 235 billion reais (US$ 43.98 billion) in outstanding loans, a move to give financially squeezed borrowers a breathing room.
Saturday, August 8th 2020 - 08:15 UTC
July inflation in Brazil, 0,36%, only transport, fuel and housing increased

Brazilian inflation in July rose the most in four years, figures showed on Friday, driven by fuel and housing costs, although the annual measure remained significantly below the central bank’s year-end target. The IPCA index rose 0.36% in July, government statistics agency IBGE said.
Saturday, August 8th 2020 - 07:55 UTC
Brazilian billionaire will fund the building to produce the Oxford/AstraZeneca vaccine in Sao Paulo

Brazilian billionaire Jorge Lemann's foundation and other business interests will fund the building of the factory to produce the Covid-19 vaccine being developed by Oxford University and pharmaceutical company AstraZeneca.
Saturday, August 8th 2020 - 07:20 UTC
Brazil estimates record soybean crop of 130,5 million tons in 2021; wheat imports could climb to 7,3 million tons

Brazilian soybean production is expected to increase some five million tons in the 2020/21 harvest to a record 130,5 million tons, according to Daniel Amaral, chief economist of the Brazilian Association of Vegetable Oil Industries (Abiove). Based on this crop oilseed exports could reach 80 million tons in 2021, while domestic crushing could reach a new annual record of 45 million tons.
Thursday, August 6th 2020 - 09:26 UTC
Brazil doubled oil exports during July

Brazilian oil exports more than doubled in July to 8.19 million tons, compared to 3.76 million tons shipped in July 2019, according to data released by the Foreign Trade Secretariat, Secex.
Thursday, August 6th 2020 - 09:24 UTC
Brazil's aircraft manufacturer Embraer, reports losses of US$ 315 million

Brazilian aircraft manufacturer Embraer reported second-quarter losses of US$ 315 million on Wednesday, as sales plunged due to the coronavirus pandemic and a proposed joint venture with Boeing collapsed.