Tag: Sao Paulo

Wednesday, February 20th 2019 - 09:17 UTC
Ford closes oldest factory in Sao Paulo and exits heavy trucks business in Brazil

Ford Motor Co. said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world. Ford previously said the global reorganization, to impact thousands of jobs and possible plant closures in Europe, would result in US$11 billion in charges.
Thursday, February 14th 2019 - 08:37 UTC
Bolsonaro back in Brasilia: government should get moving again

Brazil's President Jair Bolsonaro left hospital on Wednesday, ending a 17-day hiatus at the helm of Latin America's biggest economy during which several high-profile political issues were put on the backburner.
Wednesday, January 30th 2019 - 10:05 UTC
Dam burst in Brazil: Police arrests five engineers responsible for environment impact licenses

Police in Brazil have arrested five people as part of an investigation into Friday's dam collapse in Brumadinho. At least 65 people died and 300 remain unaccounted for, when toxic sludge engulfed a company canteen and neighboring residential buildings.
Thursday, January 24th 2019 - 09:33 UTC
Sao Paulo state willing to support automaker GM with tax incentives

General Motors Brazil unit is in advanced talks with Sao Paulo state to receive tax incentives, the company told public officials and union representatives at a meeting on Tuesday, a few days after telling workers in a memo that it was losing money in the country.
Friday, December 21st 2018 - 11:58 UTC
Prosecutors waiting for Temer when he steps down accused of “institutionalized corruption”

Brazil's attorney general has accused President Michele Temer of sitting at the center of “an institutionalized system of corruption” and has asked the courts to charge him with crimes as soon as he leaves office at the year's end.
Monday, December 17th 2018 - 08:43 UTC
Gay couples marry before Bolsonaro takes office on January first

About forty gay couples got married in downtown Sao Paulo on Saturday, tying the knot partly out of fear that the new administration of President-elect Jair Bolsonaro could restrict same-sex marriage. Although his campaign did not express views against gay marriage, Bolsonaro's record of homophobic comments has caused alarm.
Tuesday, December 11th 2018 - 08:59 UTC
Brazilian truckers block Rio/Sao Paulo highway, and ready to protest again

Truckers in Brazil on Monday partially blocked the main highway between Rio de Janeiro and Sao Paulo, police said, an action that could harm the nation’s economy should the protests spread.
Friday, December 7th 2018 - 09:54 UTC
Brazilian federal judge freezes proposed tie-up of Embraer with Boeing

A Brazilian federal court on Thursday suspended a proposed US$ 4.75 billion tie-up between US aerospace giant Boeing and the civilian business of Brazilian plane-maker Embraer pending the government of president-elect Jair Bolsonaro taking office.
Friday, October 12th 2018 - 08:54 UTC
Brazilian presidential candidates call for an end to politically motivated violence

The two presidential candidates who will square off in Brazil's runoff this month are calling for an end to politically motivated violence. Numerous cases of violence were reported in the week before the first round of voting on Sunday and have been ongoing since then. The second round of voting is scheduled Oct. 28.
Thursday, September 27th 2018 - 09:15 UTC
Ciro Gomes leaves hospital following minor prostate surgery

Brazil presidential election candidate Ciro Gomes left hospital in Sao Paulo on Wednesday, a day after undergoing surgery on his prostate. Currently running third in opinion polls ahead of the October 7 election first round, 60-year-old Gomes underwent a minimally invasive procedure that involved the “cauterization of blood vessels,” his center-left PDT party said in a statement.