The first major top-level industry wide meeting of all leading players in the exploration of the Brazilian pre-salt oil fields will be taking place next in June in Rio de Janeiro.
Dow Jones reported that Indian-owned UK based Zamin Resources has one major iron ore project under way in Brazil and is keen on developing others in the country and neighboring Uruguay.
A landslide in a Rio de Janeiro satellite city may have killed 200 people as rains that started earlier this week continue to saturate the soil of the hilly region home to 12 million people, the state’s civil defense office said on Thursday.
Brazil and the United States will sign a defence-cooperation agreement next week, Defence Minister Nelson Jobim said Wednesday. This would be the first major bilateral military cooperation agreement since 1977.
At least 113 people died, over 100 were injured and 1,410 were left homeless in a storm that devastated Brazil's state of Rio de Janeiro since Monday evening, authorities said Wednesday.
Automobile output in Brazil soared in March as manufacturers ramped up production to keep up with record sales fuelled by a strong economic rebound, the national automakers' association Anfavea said on Wednesday.
Bolivia and Brazil are considering a vast joint investment program to industrialize natural gas and for the exploitation of strategic minerals in the salt plains of the land-locked Andean country.
Landslides and floods set off by the heaviest rains in decades killed at least 100 people in the Brazilian state of Rio de Janeiro, making hundreds homeless, flooding roads and paralyzing Brazil's second city, officials said.
The Brazilian currency rose to a three-week high as central bank President Henrique Meirelles’s decision to stay in his post bolstered investor confidence in the country. The Real was trading in the range of 1.75/1.76 to the US dollar, its strongest level since March 12.
Brazilian President Luiz Inacio Lula da Silva announced Monday an 886 billion US dollars infrastructure investment plan that would be carried out by his chosen successor, Cabinet Chief Dilma Rousseff, should she win the October presidential election.