The JAC automotive car was one of the earliest companies to entry into Brazil to expand their business in China. According to the announcement in October 2011, the company decided to invest 900 million reais (about 500 million dollars) to ...
Tags: JAC, automotive car
The Brazilian government Friday announced a rise in the amount of ethanol mixed into gasoline sold at the pumps to 25% from 20% from May 1. The announcement was published in the official Union Diary and, the government said, was taken ...
Reportedly, the Brazilian government plans to auction an investment of new railways worth BRR 91 billion in April and June. According to the top official at Brazil’s steel planning company, Vale SA, MRS Logistica and ALL America ...
Tags: Brazil, Investment, Railways
The Brazilian steelmakers predicted that the input costs would decrease in 2013 and the fierce price competition against the imports of steel products may be released, helping the Brazilian steel enterprises to decrease loss made in 2012. ...
Tags: Brazil, steelmakers, input costs, 2013
Lock is thrilled to announce the new addition to their LockPRO ELITE team, Felipe Mojave Ramos. Ramos is a Brazilian poker pro, an all-around player with a background in pretty much any poker game. He's been playing professionally since ...
Tags: Lock, LockPRO ELITE team, poker game, online game
Details have emerged of an extraordinary attack in which millions of DSL broadband routers in Brazil were hit by a serious software flaw that allowed criminals to gain complete control of all web traffic running through them. First ...
Tags: Broadcom chipset, cyber attacks, DNS, malware, broadband routers
Vale SA has initiated paying USD 674 million to the Brazilian government for violating an agreement over mining royalties. Vale as decided to settle a10 year old dispute with Brazil's federal government, agreeing to pay 3 installments of ...
Tags: mining royalties, planned level, earnings, iron ore prices, ore exports
Retail giant CBD has booked a 64.6% rise in third-quarter profit as sales benefited from the Brazilian government's stimulus package. CBD's third-quarter net profit totalled BRL210m (US$103.4m) up from BRL128m in the same period of last ...
Tags: Profit Jump, stimulus package, EBITDA margin
Mozambica has opened an anti-retroviral(ARV) drugs manufacturing factory, Maputo, in the southern Matola. The Brazil funded plant will initially package, store and distribute the anti-retroviral drug, Nevirapine.produce Nevirapine, which ...
Tags: ARV drugs, anti retroviral drug, Mozambica
Mercedes-Benz do Brasil, a subsidiary of German automaker Daimler, has secured an order from the Brazilian government to deliver over 2,100 vehicles which will be deployed in various areas. As per the order, Mercedes-Benz will deliver ...
Tags: Mercedes-Benz, Brazilian government, Daimler
German carmaker BMW is planning to build a new assembly plant in Brazil, marking its entry into Latin America's luxury car market. BMW's move follows uncertainity after the Brazilian federal government begun imposing additional barriers ...
Tags: assembly plant, Brazil, BMW
The Brazilian textile and apparel industry – among the top five in the world is reeling under the impact of two challenges – large scale imports and high labour and energy costs. These have created a cascading effect in the form ...
Tags: textile Sector, textile market, textile industry, apparel industry
The Brazilian government plans to invest$2bn by 2014 to double the fish production to about 2 million tons per year. This program is a part of the government's plan to boost the competitiveness of the fishing industry and the income of ...
Tags: fish production, invest, fishing industry, PAA
WABCO has been awarded a multi-year contract by IVECO to supply anti-lock braking technology for its light- and medium-duty trucks to be manufactured in Brazil beginning from 2013. The contract award follows the Brazilian government's ...
HAVANA, Cuba (ACN) -- The Brazilian Ministry of Development, Industry and Foreign Trade will grant a $220 million credit to Fanavid SA to build a glass factory in Cuba, Hipolito Rocha announced. Rocha, general director of the Brazilian ...
Tags: market view, glass