Brazil's economy expanded at a softer pace in the second quarter as a strong currency fueled a flood of cheap imports and industrial activity had its worst performance since the third quarter of 2009.
Brazil's government will reclaim promising oil exploration blocks won by companies in a bidding round five years ago but never formally leased to the winners, the country's energy minister Edison Lobao said.
Brazil's trade surplus grew more than expected in August as the value of exports climbed to its highest this year, outpacing strong import growth.
Argentina proposed this week in Brazil the creation of a South American Space Agency, an initiative which was supported by host Brazil during a Defence seminar in Sao Paulo.
In their internet portal the ‘Rota’ elite forces from the Sao Paulo police underscore their achievements in recent history and vindicate the 1964 coup.
The Brazilian population grew by 1.62 million between 2010 and 2011 according to the latest data from the country’s Geography and Statistics Institute, IBGE, which means that on July first the total number of inhabitants was 192.37 million.
The world's largest beef producer, Brazil's JBS, will shift its meat packing operations to other locations where it operates in the country, to reap tax savings, the company said on Tuesday.
Kenya’s Airways (KQ), the east African country national carrier announced it has signed a contract for acquisition of 10 Embraer 190 jets in a deal that includes the purchase rights for 16 jets from the company.
Sugar output in Brazil, the world’s largest producer and exporter, will unexpectedly fall this year after freezing weather pared crop yields, the Agriculture Ministry said on Tuesday.
Global production of bio-fuels increased 17% in 2010 to reach an all-time high of 105 billion liters, up from 90 billion liters in 2009.