Marfrig Alimentos SA, Brazil’s second-biggest food company, is attracting the interest of Blackstone Group LP and Tyson Foods Inc. for a plan to sell a stake, three people with direct knowledge of the talks said.
Brazilian president Dilma Rousseff said her government would continue with the policy of reducing labour costs to favour companies and improve their competitiveness and hinted that new initiatives referred to power costs for industry could be in the pipeline.
Brazil car sales rose to a record 400,000 units in August as tax cuts and lower borrowing costs spur consumer spending. Fiat, the country’s biggest automaker, said that tax cuts that took effect in May and were extended last week through October spurred industry sales of cars and light vehicles last month.
Brazilian industrial production rose a stronger-than-expected 0.3% in July from June, government statistics agency IBGE said on Tuesday. July was the second positive number following three straight months of declining output.
International arrivals in Chile in the first half of the year showed a significant growth of 15% compared to the same period a year before, having totalled 1.850.048 tourists, according to the Chilean Tourism Barometer compiled by Fedetur, the Federation of Tourism companies from Chile.
Brazilian president Dilma Rousseff has come out in defence of her predecessor and political mentor Lula de Silva who was the target of strong criticisms from another former president Fernando Enrique Cardoso.
Whales are returning to the coast of Brazil. Last year, nearly 11,500 humpback whales were counted off the coast of Brazil - a new record, the Baleia Jubarte Institute cheered on Sunday in a report.
FIFA says Brazilians have decided to name the 2014 World Cup ball ''Brazuca,'' an informal word often used to describe national pride in the country and how Brazilians are referred to in several neighboring countries.
Brazilian public notary Claudia do Nascimento Domingues set off a firestorm by granting Brazil's first civil union to a trio, an act so unprecedented that there isn't a word for it in Portuguese.
The Brazilian economy expanded 0.4% in the second quarter of the year over the previous three months, and 0.5% over the same period a year ago, according to the latest release from the country’s official Brazilian Geography and Statistics Institute, IBGE.