Brazil

• Sunday, October 9th 2011 - 09:56 UTC

  China's JAC motors to build factory in Brazil, hoping to avoid higher import taxes

  

  Chinese automaker JAC Motors announced Friday it will invest 500 million dollars to build a factory in Brazil's north-eastern Bahia state its first outside China.

• Saturday, October 8th 2011 - 08:39 UTC

  Brazil’s inflation above target and at its highest annually since May 2005

  

  Annual inflation in Brazil hit a six-year high in September, government data showed on Friday. The benchmark IPCA consumer price index rose 7.31% in the 12 months through September -- above the official target range ceiling of 6.5% for the sixth straight month and the highest 12-month rate since May 2005.

• Saturday, October 8th 2011 - 08:13 UTC

  Justice Minister admits a “culture of violence” and “impunity” in Brazil

  

  “Economic interests” and a “culture of violence” are to blame for rate crimes in Brazil and conspire against government plans to disarm the population and improve security, claimed Justice Minister Jose Eduardo Cardozo.

• Friday, October 7th 2011 - 05:30 UTC

  Brazilian production feels the impact of cheap imports and global slowdown

  

  Output at Brazil's mines and factories slowed in August, falling a seasonally adjusted 0.2% from July as production in the country's industrial sector suffered the impact of cheap imports and the sluggish global economy.

• Friday, October 7th 2011 - 05:26 UTC

  Nissan announces 1.4bn factory in Brazil as it moves overseas fleeing Super Yen

  

  Nissan Motor Co CEO Carlos Ghosn said Japan faces a “hollowing out” of its industrial base should the government fail to take steps to counter the Yen’s rise. Ghosn statements could also be interpreted as a subtle message since Brazilian manufacturing faces problems with a too strong Real.

• Thursday, October 6th 2011 - 08:48 UTC

  Brazilian president promises to boost investment with Bulgaria, her ancestral homeland

  

  Brazilian President Dilma Rousseff pledged to raise investment in Bulgaria, her ancestral homeland, in renewable energy, aviation and the oil industry.

• Thursday, October 6th 2011 - 05:08 UTC

  Renault-Nissan plans to double production and market share in Brazil

  

  French automaker Renault will invest 285 million dollars to expand its factory in Brazil and boost production as part of a sales offensive in Latin America's largest economy, Chief Executive Carlos Ghosn announced on Wednesday.

• Wednesday, October 5th 2011 - 16:24 UTC

  Brazil wants to ban controversial ad campaign showing super model in knickers

  

  Brazil's ministry for women has called for a TV advertising campaign showing supermodel Gisele Bundchen in just her underwear and high heels to be banned

• Wednesday, October 5th 2011 - 08:18 UTC

  Brazil with the best universities in Latam; Sao Paulo top of the list

  

  Brazil’s Sao Paulo University, USP, ranks as the top higher education institution in Latin America according to a list published by QS, and which includes universities from Brazil, Chile, Colombia, Mexico and Argentina.

• Wednesday, October 5th 2011 - 08:08 UTC

  Latam’s largest airline merger project appeals several anti-trust conditions

  

  Chile's LAN Airlines and Brazilian carrier TAM have appealed to Chile's top court some of the conditions imposed on their planned merger as the companies push ahead to create one of the world's biggest airlines.