Brazil’s JBS, the world's top beef producer is trying to sell three of its Argentine plants due to government policies that have depleted cattle stocks and supply and hurt profits, a trade group said on Tuesday.
Colombian president Juan Manuel Santos arrived Tuesday in Brazil for an official two-day state visit that begins Wednesday with a meeting with President Lula da Silva to address a regional political agenda and strengthen bilateral trade.
Consolidating South American integration would be the main foreign policy priority of the Brazilian ruling party presidential candidate Dilma Rousseff if public opinion polls are confirmed at the ballot box next October 3 and she emerges as the successor of Lula da Silva.
Brazilian Finance Minister Guido Mantega said foreign-based companies operating in Brazil should consider sending some profits home as the exchange rate is unlikely to remain as favorable as it is now.
While the Brazilian ruling coalition presidential candidate Dilma Rousseff consolidates her lead in opinion polls and is almost certain to win in the first round October 3, her main rival Jose Serra’s campaign seems to have fallen in disarray.
Brazil's Supreme Court suspended starting Friday the rule banning radio and television comedians and programs from producing political satire about parties and their candidates in the October election.
Bank of Brasil, Latin America’s biggest bank by assets plans the acquisition of banks in Chile and the United States and is holding negotiations to further expand in Peru, Colombia and Uruguay, said Aldemir Bendine the bank’s CEO.
As public opinion polls confirm the growing commanding gap between Brazil’s ruling coalition presidential candidate Dilma Rousseff and her main contender Jose Serra, analysts have begun to ponder on her policies.
Brazilian President Lula da Silva signed Thursday the contracts for the Norte Energia consortium to start construction of a controversial hydroelectric dam in the Amazon basin.
Brazil’s president Lula da Silva cautioned preparations for the 2014 World Cup could be jeopardized if government officials and businessmen fail to work together in the coming years.