Argentina and Brazil agreed on Friday to “increase” in the “short term” regional trade in a shared strategy to address the consequences of the global crisis. The commitment was endorsed by Argentina’ Industry minister Debora Giorgi and her Brazilian counterpart Fernando Pimentel.
Brazilian consumer prices rose faster than expected in November. Inflation as measured by the benchmark IPCA index, quickened to 0.52% last month from 0.43% in October.
Brasil Foods SA, the world’s largest poultry exporter, said it signed an asset-swap accord with Marfrig Alimentos SA after being ordered to shed some units as part of a regulatory approval for a 3.8 billion dollars takeover.
Brazil's Trade and Industry minister faced pressure Thursday to explain his personal wealth, becoming the latest and one of the most high-profile members of President Dilma Rousseff's cabinet to be targeted by the media over alleged ethics breaches.
The World Animal Health Organization, OIE, dependent from FAO, informed Paraguay that its territory had lost the condition of free of foot and mouth disease with vaccine, following an outbreak of the disease reported September 18.
US Delta Air Lines Inc. agreed to buy a 100 million dollar stake in Gol Linhas Aereas Inteligentes SA, Brazil's second-largest airline by market value, and begin booking passengers on each other's jets.
Ford Motor Company announced that it will invest 800 million Reais (446 million dollars) to build a new global model in its Sao Bernardo do Campo plant, the heart of Brazil’s auto industry.
Brazil’s economy shrank in the third quarter, prompting the government to slash its growth forecast for the year, one week after announcing stimulus measures to contain the spillover from Europe’s debt crisis.
Brazil is going through a wind power boom as production prices fall and government incentives attract a growing number of foreign suppliers. The wind power sector has a current capacity of around 1,400 megawatts, and is expected to grow nearly eight-fold by 2014, according to the Brazilian Association of Wind Energy ABEEolica.
Some fifty Brazilian cities are exposed to serious outbreaks of dengue during the austral summer and another 236 are on ‘alert’ for the same reason, according to a paper presented Monday by Brazil’s Health minister Alexandre Padhilla.