Latest Brazil News
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STXNEWS LATAM-Brazil stock ratings price targets for Wednesday
Wed May 22, 2013 9:01am EDT The following is a list of price target and rating activity for Brazilian stocks on Wednesday: 1) JPMorgan Securities analyst Ken Worthington raised the price target for shares of Brazilian financial bourse operator BM&FBovespa SA to 16 reais from 14 reais, citing "higher valuations that global exchanges are again commanding in the market place on what we believe ...
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ON Telecom picks Aircom for LTE design optimisation in Brazil
Aircom International, a leading independent software and solutions provider for improved network performance, has inked a contract deal with Brazilian wireless broadband start-up ON Telecom, for the design and optimisation of its new Long Term Evolution (LTE) network. The newcomer intends to leverage ...
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Brazil consumer prices rise 0.46 pct in month to mid-May
SAO PAULO, May 22 (Reuters) - Brazil's benchmark IPCA inflation index rose 0.46 percent in the month to mid-May, slightly below the median of analysts' forecasts, government statistics agency IBGE said on Wednesday. The index had been expected to rise 0.49 percent in the period, according to the median forecast of 26 analysts surveyed by Reuters. Estimates ranged from 0.38 percent to ...
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Is South America’s latest strongman a woman
LIMA, Peru - High heels and mascara may be the last things that spring to mind when talking about Latin America’s pantheon of authoritarian strongmen. Yet for her opponents, the latest controversial move of Argentina’s immaculately made-up president, Cristina Fernandez de Kirchner, has cemented her place in the region’s ...
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SkyWest buys 40 jets from Brazil
(34 mins ago) Brazilian aircraft maker Embraer on Tuesday announced the sale of 40 E-175 jets to U.S. carrier SkyWest. SkyWest will operate the aircraft under a Capacity Purchase Agreement with United Airlines, Xinhua news agency reports. According to Embraer, before the sale of 40 E-175 jets, the company has made contracts with United Airlines for 30 E-175 jets last month. In addition to ...
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Brazil sells 40 jets to US carrier
Brazilian aircraft maker Embraer on Tuesday announced the sale of 40 E-175 jets to US carrier SkyWest.SkyWest will operate the aircraft under a Capacity Purchase Agreement (CPA) with United Airlines.According to Embraer, before the sale of 40 E-175 jets, the company has made contracts with United Airlines for 30 E-175 jets last month.In addition to the 40 jets bought, SkyWest may take another 60 ...
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Shree Renuka Sugars to raise $350 million through its Brazilian arm
Actor Hrithik Roshan’s upcoming superhero science fiction film Krrish 3, slated for a Diwali release, has inked a two-year licensing and merchanding deal with Mumbai-based brand licensing firm Dream Theatre, through Carving ...
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Philippines Brazil agree on new flights
MANILA--Daily flights between the Philippines and Brazil, South America's largest country, may start soon following the approval of new air rights between the two countries this week. The on Wednesday announced that the Philippine and Brazilian governments had signed an air agreement. Under the accord signed by the Philippine air panel this week, a total of seven flights a week are now ...
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Brazil is Australias perfect match ANU
Australia should boost its ties with Brazil as the South American nations continues its transformation into a global power, an ANU expert ...
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Brazilian company discovers oil near Namibian coast
The HRT president Joe Paul told the media in the presence of Prime Minister Hage Geingob at the State House that the discovery was made within the Walvis Basin where the company has dug its first well ...
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Brazil Militarizes Borders Ahead of Confederations Cup
Lucy Jordan By Lucy Jordan, Senior Contributing Reporter BRASLIA, BRAZIL – The Ministry of Defense in Brazil is sending 25,000 soldiers to patrol ...
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Brazil Simplifies Visas for Foreign Workers
Ben Tavener By Ben Tavener, Senior Contributing Reporter SO PAULO, BRAZIL - The Brazilian government has announced that the application process for work visas to Brazil has been simplified significantly in response to demands from industry, calling for more qualified overseas workers to fill gaps in the Brazilian labor market. The government says it hopes that regular work visas, which ...
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The New Musical Sounds of Rio
Chesney Hearst By Chesney Hearst, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Cidade Maravilhosa is a place known for the cultural and ethnic diversity of its people, and the music varies and blends as much as the inhabitants themselves. Leo Justi, Apollo, and Dorgas are a part of a new batch of homegrown artists who are creating innovative mixtures of sounds that are influenced by ...
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Salvador Preparing for Heavy FIFA Participation
Robbie Blakeley By Robbie Blakeley, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Salvador, the capital city of Bahia, and its brand new Arena Fonte Nova will be heavily involved in FIFA activity over the next year. The rebuilt stadium will host three matches next month during the Confederations Cup beforeplaying a big role next year, when no fewer than six games will be played in ...
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Top Tech in Rio for WWW2013 Conference
Anna Kaiser By Anna Kaiser, Contributing Reporter RIO DE JANEIRO, BRAZIL – Computer scientists, academics, and other technology professionals flocked to Rio last week for the 19th annual WWW2013 conference at ...
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Traveling Brazil for the Confederations Cup
FIFA Confederations Cup will turn the sporting world's attention to Brazil, as the cup will feature all regional football champions plus world champion Spain in the preparatory tournament for the World Cup. To visit each of the six host cities, while catching the best football (soccer) action, try this ...
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America’s Day 2013 in Rio de Janeiro
Fiona Hurrell By Fiona Hurrell, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – On Saturday May 25th, the American Society of Rio de Janeiro (AmSoc Rio) will host their annual America's Day celebration at the Escola Americana (American School) in Gvea. As always, the event promises a range of fun family activities to entice both adults and children ...
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Xis Latin American tour to enhance cooperation spokesman
Chinese president to visit three Latin American nations and US China will take the opportunity of President Xi Jinping's upcoming visits to three Latin American nations to further increase political trust and consolidate friendship with them, a Foreign Ministry spokesman said Tuesday.Hong Lei's comments at a press briefing came after Qin Gang, also a Ministry of Foreign Affairs ...
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Conservative political party files Supreme Court challenge to ruling on gay marriage in Brazil
BRASILIA, Brazil - A conservative party is challenging a judicial ruling that requires all of Brazil's notary publics to register same-sex civil unions as marriages if couples request it. Last week, the National Council of Justice that oversees the country's judiciary said notary publics cannot refuse to marry gay couples or convert a same-sex civil union into a marriage if ...
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Tombini Reiterates Brazil to Act in Timely Way to Slow Inflation
Brazil 's central bank President Alexandre Tombini reiterated today that policy makers will do what's needed in a timely way to ensure inflation slows in the second half of this year. "The central bank is vigilant and will do what's necessary in a timely fashion to make inflation decline in the second half and to ensure this trend will last in the coming years," ...
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Bolivia lashes at Sean Penn over jailed American
Actor Sean Penn arrives at Warner Bros. Pictures' 'Gangster Squad' premiere at Grauman's Chinese Theatre on January 7, 2013 in Hollywood, California. (Jason Merritt, Getty ...
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Indigenous Brazilians Learn to Fight for the Right to Food
PORTO ALEGRE, Brazil, May 21 2013 (IPS) - Indigenous communities in remote areas of Brazil have begun to recognise that they have the right to not be hungry, and are learning that food security means much more than simply having food on the ...
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Iniesta Facing Brazil at the Maracana would be magical
Brazil at the Maracana, which will host the finals of the 2013 Confederations Cup and 2014 World Cup.The Selecao will get the Confederations Cup underway on June 15 with a Group A match against Japan, while the European champions, who have been drawn in Group B, will face Uruguay the following day."For any player to play in Brazil in the Maracana is unique, magical," the 29-year-old ...
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EMERGING MARKETS-Mexico stocks near 8-month low as Brazil leaps
MEXICO CITY, May 21 (Reuters) - Mexican stocks slumped on Tuesday to a nearly eight-month low, while Brazilian stocks rose for the third successive session to hit a key resistance level. Mexican stocks have slumped 12 percent from a record high hit in January, hurt recently after weak first-quarter growth dampened the economic outlook for 2013. Brazil, meanwhile, has rebounded more than 6 ...
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Fitch Realiza Acoes de Rating em Sete Series de CRIs da Brazilian Securities
U.S. Money Funds Return to Eurozone Banks U.S. prime money market funds (MMFs) increased their exposure to eurozone banks in April, although asset allocations to these institutions remain well below 2011 levels, according to Fitch Ratings. As of end-April 2013, MMF allocations to eurozone banks represented 15.1% of assets under management within Fitch Ratings'sample of the 10 largest U.S. ...
Rio de Janeiro Digest
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Rio's uphill battle to host the Games
Rio de Janeiro has many aspects, it is the party capital of Brazil, the internationally recognized face of the country, the most visited city in Brazil, the crime capital of South America, a city with some of the highest drug use statistics and, more recently, the host city of the 2016 Summer Olympics. Winning that particular war has not been easy.
Rio de Janeiro, this bustling city of 6 million people (14 million if one includes the greater metro area) is the second largest city in Brazil and is famous for its statue Christ the Redeemer, which sits atop Corcovado Mountain and has looked down upon the city for almost 100 years. It is also famous for the internationally known Carnivale, the city’s samba schools, the fabulous beaches that grace our shoreline and Sugarloaf Mountain with its ancient cable car. Read more
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