Brazil

• Tuesday, November 15th 2011 - 21:52 UTC

  Flights disruptions and delays continue in Buenos Aires main airports

  

  Cancellations and more delays persisted Tuesday at Buenos Aires main airports as Aerolineas Argentinas flights suffered further setbacks to the service. The administrators of metropolitan Aeroparque and Ezeiza international airport, Aeropuertos Argentinas 2000 said that flights “were resuming, albeit slowly”.

• Tuesday, November 15th 2011 - 06:54 UTC

  Consortium announces major ‘high quality’ oil discovery off the Brazilian coast

  

  Repsol, Spain's biggest oil group said Monday it has made a new oil discovery off the coast of Brazil together with Chinese partner Sinopec, Britain's BG Group and Brazil's Petrobras.

• Tuesday, November 15th 2011 - 06:46 UTC

  Embraer has dominant position in the Middle East 60/120 pax jet segment

  

  Brazilian aerospace conglomerate, Embraer sees a market demand of 310 jets in the 60-120 passenger jet segment in the Middle-East in the period 2011-2030. According to reports, the aircraft maker has forecast a market potential of 14 billion dollars during the period in the region.

• Tuesday, November 15th 2011 - 06:23 UTC

  Brazil’s JBS, world’s largest beef producer plans to expand dairy business

  

  Brazil's JBS, the world's biggest beef producer, intends to expand its dairy business with strategic plans next year after the unit's double-digit growth in recent years.

• Monday, November 14th 2011 - 21:02 UTC

  None of world major economies will escape a slowdown forecasts the OECD

  

  None of the world's major economies will escape a slowdown, the Organization for Economic Co-operation and Development said, highlighting increasing signs that growth momentum is dwindling across the board.

• Monday, November 14th 2011 - 20:51 UTC

  Brazilian trade minister and 53 companies on African business round

  

  A business mission of 53 companies organised by the Brazilian government plans to begin a tour of Mozambique, Angola and South Africa on 21 November, an Apex-Brasil official said in Sao Paulo.

• Monday, November 14th 2011 - 20:47 UTC

  Brazil moves into Tanzania and will help increase power generation five-fold

  

  Brazilian business and public contractor giant Odebrecht Company Limited, with top global businesses and operations across a wide variety of industries, has shown interest in undertaking the huge Stiegler's Gorge power project in Tanzania’s Rufiji river basin, according to “The East African” weekly.

• Monday, November 14th 2011 - 07:13 UTC

  Chevron halts drilling off the coast of Brazil following an oil-spill

  

  Oil giant Chevron halted drilling of a well off the coast of Brazil as it looks into the possible causes of an oil spill in the region. Chevron said in a statement e-mailed that an oil sheen had appeared on the surface of the ocean near the Frade project it operates, which it attributed to oil seeps in the area.

• Monday, November 14th 2011 - 06:58 UTC

  Rousseff complains German chancellor Merkel “listens to nobody”

  

  Brazilian president Dilma Rousseff criticized German chancellor Angela Merkel for her refusal to receive suggestions as to how face the global crisis and on specific issues such as youth unemployment.

• Monday, November 14th 2011 - 06:32 UTC

  Brazilian troops take over Rio’s main favela without firing a shot

  

  Three thousand troops backed by helicopters and armoured vehicles occupied Rio de Janeiro's largest favela (slum) without firing a shot, the biggest step in the Brazilian city's bid to improve security and end the reign of drug gangs.