New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...
Mercedes-Benz has broken ground at its passenger cars plant in Brazil, which is a part of the company’s global production network expansion plan. The plant is located at Iracemápolis near Sao Paulo and the German car maker ...
Tags: Mercedes-Benz, Car Plant
Food processing company Archer Daniels Midland (ADM) has agreed to sell 50% stake in its export terminal in Brazil to Glencore. ADM has entered into an agreement to this effect. Located in Barcarena, in the northern Brazilian state of ...
Canadian coffee and doughnut chain Tim Hortons is laying off staff both at its regional offices and corporate headquarters following takeover by Burger King Worldwide. The job cuts is part of reorganisation after the company's ...
Tags: coffee, Agriculture
An expert told that trade between Brazil and China in 2015 may reverse a downward trend as commodity prices are recovering and Brazil will export more manufactured goods to China. Brazil-China trade dropped significantly in 2014, with ...
The upscale Brazilian steakhouse, Texas de Brazil, has opened new location in Huntsville, Alabama. The new 8,100ft2 restaurant, located in Bridge Street Town Centre, features a chef's table, an open-view grill in the dining area, one ...
Tags: meat, cheeses, charcuterie, Agriculture
Entertainment One has been working closely with Brazilian custom officers to intercept fake goods at three separate ports across the country. An estimated one million counterfeit Peppa Pig toys have been seized by custom officers across ...
Tags: fake goods, counterfeit toys, Toys
Improved global operations and a lower effective tax rate drove net income growth by 46.87 per cent year on year at value added yarns producer, Unifi Inc in the second quarter ended December 28, 2014. Unifi said its net income for the ...
Tags: tax rate, net income, Textile
Indonesian establishment Indofood Sukses Makmur is set to reduce its share in vegetable processing firm China Minzhong Food, a move that would raise $314m. The sale, which is expected to be completed by June, will reduce Indofood's stake ...
Tags: China Minzhong Food, Agriculture
Brazilian cotton output might again reduce in the 2014/15 crop, but would still be close to the average registered over the last 11 seasons, says the latest fortnightly report of CEPEA. “In worldwide terms, a supply decrease is ...
Tags: remunerative prices, export costs, exchange rate ratio, Textile
Nintendo has halted sales of its hardware and games software in Brazil due to high taxes in the country. Due to changes within the Brazilian economy, which have contributed to the higher import taxes and fees, Nintendo has made the ...
Tags: Games, Consumer Electronics, Nintendo
Brazilian investment firm 3G Capital Partners is looking at acquiring new food and beverage firms, after investors pledged about $5bn to form a new takeover fund. The company is discussing the possibility of acquiring $14bn worth ...
According to CEPEA, cotton quotes have dropped significantly in the Brazilian market in 2014, especially after February and are lower than the government floor price since mid July. The CEPEA/ESALQ Index for cotton type 41-4 has dropped ...
Brazilian investment firm 3G Capital Partners is mulling to acquire food and beverage firms, after investors pledged about $5bn to form a new takeover fund. The Wall Street Journal reported that the company is discussing the possibility ...
Tags: 3G Capital Partners, food, beverage, Agriculture
Nissan has announced to produce a 3-cylinder, 1-liter engine at the company’s powertrain plant, at Resende Industrial Complex in Rio de Janeiro state in Brazil. Nissan is investing R$100m ($37m) for the development of the new engine ...
Tags: 3-cylinder, 1-liter engine, Auto