Investments

Thursday, March 14th 2019 - 07:59 UTC
Brazil to discuss meat, sugar and ethanol trade with the United States

Brazilian Agriculture Minister Tereza Cristina Dias said that she will discuss U.S.-Brazil trade in meat, sugar and ethanol in talks next week between officials of the two countries. Dias, who will travel with President Jair Bolsonaro to the United States, said one of her priorities is to reopen the U.S. market for Brazil’s fresh beef exports, which were suspended almost two years ago over safety concerns.
Wednesday, March 13th 2019 - 08:34 UTC
Shell agrees offshore oil exploration contracts in Colombia

Colombia’s government announced it had signed two exploration and production contracts with Shell in offshore areas of the Caribbean Sea that will require the company to make initial investments of US$ 100 million.
Tuesday, March 12th 2019 - 11:33 UTC
FAA says Boeing 737MAX8 model is airworthy but US Transport Secretary calls for “appropriate action”

The US Federal Aviation Administration has told airlines it believes Boeing's 737 Max 8 model to be airworthy, after two fatal crashes inside six months. An Ethiopian Airlines plane en route from Addis Ababa to Nairobi crashed six minutes after take-off on Sunday, killing all 157 people on board. The incident followed Lion Air 737 Max 8 crash in October that killed 189.
Tuesday, March 12th 2019 - 09:50 UTC
US and Brazil reach space accord to be signed next week when Bolsonaro visits Washington

The United States and Brazil have negotiated an accord to safeguard U.S. space technology the South American nation hopes will be used in commercial rockets lifting off from its launch site near the equator, the Brazilian government said on Monday.
Tuesday, March 12th 2019 - 09:29 UTC
Leading agriculture traders target Brazilian main grain artery concession

The world’s big four agriculture traders and Brazilian rival Amaggi could make a joint bid to operate a road connecting the country’s grain belt to northern ports, while also considering an investment in a parallel railway, the firm that conducted a study on the potential venture said on Monday.
Thursday, March 7th 2019 - 09:05 UTC
Trump frustrated: US trade deficit soars to a 10-year high

The US trade gap with the rest of the world jumped to a 10-year high of US$ 621bn last year, dealing a blow to President Donald Trump's deficit reduction plan. The trade deficit is the difference between how much goods and services the US imports from other countries and how much it exports.
Thursday, March 7th 2019 - 05:08 UTC
Bugatti unveils the world's most expensive car, al least US$ 11 million

French supercar maker Bugatti has unveiled the world's most expensive new car, sold to an unnamed buyer for at least US$ 11m (£9.5m) before tax. The exact price is not being revealed but is thought to have overtaken the previous new car record - about £8-9m for a Rolls-Royce Sweptail.
Wednesday, March 6th 2019 - 08:44 UTC
S&P slashes credit rating of several leading Mexican companies including national oil Pemex

Rating agency Standard & Poor’s (S&P) slashed the credit rating for Mexico’s national oil company Petroleos Mexicanos, or Pemex, piling more pressure on the government to tighten up the debt-laden oil firm’s finances.
Thursday, February 28th 2019 - 08:37 UTC
Brazilian consortium interested in Ford's Sao Paulo manufacturing plant

Brazilian automaker CAOA, which produces vehicles with Korea’s Hyundai Motor Co and China’s Chery Automobile Co, is in talks to buy a Ford Motor Co plant in the country that is slated to close by 2019, according to sources reported in the Sao Paulo media.
Wednesday, February 27th 2019 - 21:23 UTC
Boeing and Embraer partnership now approved

The proposed strategic partnership between Boeing and Embraer was approved today by Embraer’s shareholders during an Extraordinary General Shareholders’ Meeting held at the company’s headquarters in Brazil.