Brazil's government managed oil and Petrobras was elected the leading ethical reputation multinational enterprise by Geneva-based Covalence Ethical Ranking 2008.
Brazilian January consumer inflation was 0.48% accumulating 5.84% in the last twelve months, slowing for a third consecutive months after having reached a three year high in October, according to the latest release from the country's statistics office.
Insufficient rainfall in south Brazil, mostly in the states of Rio Grande do Sul, Parana, Matto Grosso do Sul and west Santa Catarina, will cause a 6.53% drop in the 2008/09 grain crop, which will fall from 144.11 million tons to 134.70 million tons, reported this week the Supply Office (Conab) from the Agriculture and Livestock ministry.
Brazil's government-managed oil and gas corporation Petrobras announced Wednesday its domestic Exploration and Production plan for 2009/2013 which involves 92 billion US dollars.
Brazil's Vale do Rio Doce may have paid too much for its purchase of iron-ore and potash assets from Rio Tinto Group, according to JPMorgan Chase & Co. and Banco Santander SA.
Brazil recorded its first monthly trade deficit in almost eight years in January as exports plunged by a record amount on falling prices for the country's commodities, according to the latest release from the Development, Industry and Trade ministry.
The Brazilian government officially denied Wednesday it had imposed import licences or was reverting to non tariff barriers on hundreds of products, a decision which had caused uproar mainly among Mercosur partners.
Brazil announced it has imposed restrictions on 60% of imports to soften the impact of the global crisis in its trade balance which in the first four weeks of January has registered a totally unexpected deficit of 645 million US dollars.
Italy on Tuesday recalled its ambassador to Brazil for consultations in response to Brasilia's definitive decision to grant political refugee status to a convicted Italian terrorist.
Tens of thousands of anti-globalization activists gathered Tuesday in the north-eastern Brazilian city of Belem for the opening of the World Social Forum (WSF), finding solidarity under the slogan another world is possible.