Brazil’s benchmark consumer price index in April exceeded the upper limit of the government’s target range for the first time since 2005 but officials are confident April was a peak and during May the tendency is for inflation to decelerate.
Automobile production in Brazil fell 4.9% and sales dropped 5.5% in April from March, the national automakers' association said on Friday.
Cargill Inc and the world’s largest grain processor Archer-Daniels-Midland Co, are planning to invest about 560 million US dollars in new bio-fuel refineries in Brazil.
Brazil's Supreme Court ruled unanimously Thursday that the nation should recognize same-sex unions. The court voted 10-0 in favor of recognizing the unions. One justice abstained because he had spoken publicly in favor of same-sex unions when he was attorney general.
An undersea recovery team has retrieved a first body from the wreck of an Air France jet that crashed into the Atlantic in 2009 with the loss of all 228 on board, French police said on Thursday.
Brazil’s soy bean processing volume increased 7% in 2010 over 2009 while at the same time reducing idle capacity given the larger crop and a jump in the production of bio fuels, according to a release from Abiove, (Brazilian association of vegetable oil industries).
German President Christian Wulff is in Brazil on a three-day visit aimed at strengthening ties between the two countries and discussing mutual co-operation in science and technology.
Citrovita and Citrosuco of Brazil won European Union antitrust approval for their merger plan to form the world’s largest wholesale supplier of orange juice.
Trade among the two leading Mercosur partners reached 11.7 billion US dollars during the first four months of the year with Argentine exports to Brazil reaching a record 5.2 billion USD. This is 29% higher than in 2010 and 23% above the 2008 record year.
The French aviation safety agency BEA announced on Tuesday the discovery and recovery of Air France Flight 447′s cockpit voice recorder from the bottom of the Atlantic Ocean, nearly two years after the Airbus A330-200 disappeared.