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Brazil News Feed

Friday 3rd September, 2010

    • India-South America trade deal to be expanded

    Brazil News.Net

    India's Minister of State for Commerce and Industry Jyotiraditya Scindia said here Thursday that India and a trade bloc of South American countries have agreed to expand a trade agreement.

    • Brazil Second-Quarter GDP Slowed Less Than Expected

    General Sources

    Brazil’s economy slowed less than expected in the second quarter, adding to pressure on the central bank to resume raising interest rates in 2011. Gross domestic product grew 1.2 percent in the t...

    • Brazil's Petrobras plans $65 bn stock sale

    Business Standard

    Brazilian state oil company Petrobras will sell up to $64.5 billion in new stock -- one of the largest in capital markets history -- to raise funds for the world's biggest oil exploration investment p...

  • RIL buys 3 mn barrels spot Brazil crude

    Business Standard

    Reliance Industries (RIL), operator of the world's largest refining complex, bought around 3 million barrels of spot Brazilian crude to arrive in India in the next two months, industry sources said on...

  • Video: Brazil's Towering Teenaged Model

    CBS News

    At six feet, nine inches tall, Brazilian teenager Elisany Silva is hoping to become a model and soar to new heights. CBSNews.com's Ken Lombardi reports.

  • Soccer: Hasebe to miss Paraguay, Guatemala games+

    Breitbart

    YOKOHAMA, Sept. 3 (AP) - (Kyodo)—World Cup captain Makoto Hasebe has pulled out of Japan's friendlies against Paraguay and Guatemala because of a bruised calf muscle, the Japan Football Associa...

  • Brazil Petrobras To Offer 3.75 Billion Shares

    Morning Star

    Petrobras , is planning to sell at least 3.75 billion shares in order to finance its massive investment program over the next five years, the company said Friday in a statement.

  • LATIN AMERICAN MARKETS: Petrobras Shares Up As Oil-rights Deal Moves Ahead

    Morning Star

    -traded shares of Brazilian oil giant Petroleo Brasileiro SA rose Thursday, outperforming the broader market in the wake of the company's long- awaited oil-rights agreement that paves the way for a ...

  • Brazil Iron Ore Reserves Keep Multiplying

    General Sources

    Brazil further boosted its iron ore reserves with the announcement of a major new discovery of iron and phosphate deposits in the southwest state of Mato Grosso.The new mineral discoveries place Brazi...

  • Brazil's Opposition Attack on Dilma Rousseff Fails

    Novinite

    Dilma Rousseff, former chief of staff to President Luiz Inacio Lula da Silva, has denied any wrongdoing, calling the allegations "frivolous" and without basis. Photo by EPA/BGNES

  • India looks at South America for farm revolution

    New Kerala

    By Devirupa Mitra, New Delhi, Sep 3 : India, looking to launch a second green revolution to boost its food security, has begun looking at distant South America where countries have been able to ramp u...

  • Brazil's tax burden drops for the 1st time since 2006

    General Sources

    Brazil's tax/GDP ratio fell from 34.41 percent in 2008 to 33.58 percent in 2009, the first fall of the nation's tax burden since 2006, the government said Thursday.The dip can be attributed to the glo...

  • Brazilian, French energy firms to cooperate in L. America, Africa

    People's Daily

    Brazil's major power utility Eletrobras and French energy company GDF Suez Thursday signed an agreement in Sao Paulo to develop joint energy projects in Latin America and Africa.The document, signed a...

  • Brazilian minister defends merger of TAM, LAN airlines

    People's Daily

    Brazilian Finance Minister Guido Mantega said on Thursday the merger of Brazil's TAM and Chile's LAN airlines is legal, dispelling doubts on the approval of a plan to create Latin America's largest ca...

  • Brazilians behind Burger King buy

    RTE

    Burger King has accepted a $$4 billion takeover bid by a little known investment firm, as the fast food chain tries to close the gap with leader McDonald's and expand overseas. The takeover by the pr...

  • Dylan's 'Brazil Series' paintings on display in Denmark

    Pioneer Press

    Denmark's National Gallery in Copenhagen is displaying 40 acrylic paintings by Bob Dylan that have never been shown to the public. Curator Kasper Monrad said the paintings in Dylan's "Brazil Series" ...

  • [09/02] Salvador bans gang membership after bus massacre

    Find Law

    SAN SALVADOR, El Salvador (AP) - El Salvador has made it illegal to belong to a street gang in the wake of an attack on a passenger bus that killed 17 people. The new law, approved by lawmakers Thursd...

  • Brazil beats Croatia to take 3rd in group

    eTaiwan News

    Brazil's Tiago Splitter puts up a shot during the preliminary round of the World Basketball Championship against Croatia, Thursday, Sept. 2, 2010, in Istanbul, Turkey. (AP Photo/Mark J. Terrill)

  • `Brazil on the Rise' says future has arrived

    eTaiwan News

    "Brazil on the Rise" (Palgrave Macmillan, $27) by Larry Rohter: When Larry Rohter stepped down as The New York Times' Brazil bureau chief in 2008, he was easily the most reviled foreign correspondent ...

  • Thieves steal 2 tons of explosives in Brazil

    eTaiwan News

    Authorities say armed men stole a truck with more than 2 tons of explosives from a chemical company in Brazil.Police say five men in two vehicles blocked the truck and held the driver hostage for seve...

  • Chile ski resorts missed Brazilian tourist these winter holidays

    Merco Press

    Brazilian tourists, who usually come to Chile to ski during the winter months, did not turn up as strongly as in years past, hurting the ski resorts, hotels and tourism in general this year.

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