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Invest in Brazil News

  • Operation "Safer Highway" mobilizes 18,418 military police officers

    Action counts on 8,479 vehicles, distributed in 2,627 police stations, 263 of which are road blocks in São Paulo

    The ninth edition of Operation "Safer Highway" began at midnight this Thursday (18), with the commitment of 18,418 military police, together with Federal Highway Police. The operation, which fights crime intensely, has no time to end.

  • Toyota to sell first hybrid car made in Brazil

     Japan’s Toyota Motor Corp said on Wednesday it will begin building a new version of the Corolla sedan in Brazil that will run on electricity, ethanol and gas, which it says will be the first vehicle of its kind in the world.

    Brazil, which is South America’s largest auto producer, has largely resisted the shift toward electric and hybrid vehicle production that has swept through more developed markets.

  • Petrobras hikes diesel price, eyes divestments amid investor unease

     Brazilian state-run oil firm Petroleo Brasileiro SA hiked diesel prices on Wednesday, and executives said the firm could expand its already aggressive divestment plan while arguing the company was completely free of political interference.

  • Reeducandos de Avare do maintenance work in public agencies

    Institutions such as Apae and Fire Department were attended; action enables domestic labor market

    With the goal of inserting inmates in society and occupying their day, the Avaré Center of Re-socialization (CR) has adopted voluntary services to charities and public agencies in the city provided by reeducators.

  • Latam stocks rise tracking global equities; FX weakens

    Latin American stocks rose on Tuesday in line with world stocks as positive data from China and Germany boosted investor sentiment, while currencies in the region slid against a firm dollar. MSCI’s index of Latin American stocks rose 0.8 percent after three-straight sessions of losses with shares in Brazil leading gains. Volumes remained subdued on account of a shortened trading week for the Easter holidays.

  • Brazil government pledges to keep hand off Petrobras

    Petroleo Brasileiro SA’s market-based diesel pricing policy remains unchanged and Brazil’s president has no intention of meddling in Petrobras’ internal affairs, high-ranking government officials said on Tuesday.

  • Brazil government pledges to keep hand off Petrobras

    Petroleo Brasileiro SA’s market-based diesel pricing policy remains unchanged and Brazil’s president has no intention of meddling in Petrobras’ internal affairs, high-ranking government officials said on Tuesday.

  • Watch out! Products for wrong age range can cause health damage

    First thing to be taken into consideration is security; in the stamp of Inmetro, there is indication of the ideal age for the young consumers

  • Government announces State Council of Culture and Creative Economy

    Members of the body will be responsible for evaluating programs and establishing guidelines for the cultural policy of the State of São Paulo

  • Operation São Paulo More Insurance will have 18,600 military police

    Eighth edition of the action will count on PM teams distributed in 2,301 points throughout the State of São Paulo

    On Monday (15), the Military Police unleashed the São Paulo Safer Operation throughout the State of São Paulo, starting at 5 o'clock in the morning.

  • Unemployment to Skyrocket in Brazil if Retirement Reform Is Approved

    The performance of the Brazilian economy will be terrible, with an average of 450,000 new unemployed people every year, if the Retirement Reform defended by President Jair Bolsonaro is approved, a renowned expert warned recently.

     

  • Brazil central bank says it supports free market pricing

    Brazil’s central bank chief on Friday refused to wade into a controversy over government meddling in pricing at Brazilian state oil giant Petrobras, but said he favored free market pricing and limited government interference in general.

  • Brazil’s Beef Eaters Morph Into Organic Vegetarians

    Farming is big in Brazil. The country’s beef, coffee, sugar and soybean exports are world beaters. If not for the haul from the countryside, Brazil’s worst recession on record, lasting 11 quarters from April 2014 to December 2016, would surely have been deeper still.

  • Technology jobs market heats up in Brazil

    Heads of digital transformation and digital lab managers will be highly sought after in the coming months, according to a new study.

    Despite the political and economic instability seen in Brazil in recent years the local technology jobs market is booming, according to a new study by recruitment firm Hays.

  • Anxiety Grows Among Brazil Businessmen Over Delayed Economic Rebound

    Brazilian businessmen that began the year with high hopes the economy would finally rebound amid optimism with President Jair Bolsonaro’s administration are growing increasingly impatient at just how slow things are going.

  • Brazil: Temporary (non-core) price pressures in March - Rabobank

    Rabobank analysts note that the Brazil’s IPCA – official inflation index – posted a gain of 0.75% m/m in March, much above the consensus (0.63%), with food inflation being the main surprising factor, while the year-on-year reading jumped to 4.6% (from 3.9%), topping the BCB’s mid-target but still lying within the tolerance band (4.25% +/- 1.5 p.p.).

    Key Quotes

  • Brazil's Campos Neto says controlling inflation trumps boosting growth

    Brazil’s central bank is focused on keeping inflation under control, not targeting growth, even though the economic recovery has undershot expectations and risks remain to the downside, central bank chief Roberto Campos Neto said on Wednesday.

  • Latam stocks slide; Brazil’s pension reform in focus

    Latin American stocks fell on Tuesday, led by declines on Brazil’s Bovespa as investors awaited more clarity on the much- awaited pension reform, while currencies in the region were mixed against a softer dollar. MSCI’s index of Latin American stocks fell 0.7 percent, with broad-based losses across indexes. Sao Paulo-traded stocks fell more than 1 percent, led by shares of financial companies, which are typically sensitive to news regarding the pension reform.

  • Brazil’s Bovespa leads losses in Latam stocks; FX steady

    Latin American shares fell on Wednesday led by Brazil stocks as the government’s ability to build political consensus on the pension reform remained uncertain, while currencies of net crude exporters in the region rose on the back of higher oil prices. MSCI’s index of Latin American stocks fell marginally with most indices in the red, barring Mexico stocks which edged 0.2 percent higher.

  • Fapesp supports innovative research on skin cancer treatment

    Study is conducted by scientists Institute of Physics of São Carlos, USP; procedure is under evaluation

  • Government of São Paulo deposits R $ 530 million to the municipalities of São Paulo

    Amount transferred corresponds to the weekly pass-through of ICMS; the amounts are equivalent to 25% of the tax collection

    The 645 cities of São Paulo received the weekly pass-through of the ICMS. This time it was R $ 530.47 million. The deposit made by the Secretariat of Finance and Planning refers to the amount collected during the period from April 1 to 5. The amounts correspond to 25% of the tax collection.

  • Latam stocks slide; Brazil’s pension reform in focus

    Latin American stocks fell on Tuesday, led by declines on Brazil’s Bovespa as investors awaited more clarity on the much- awaited pension reform, while currencies in the region were mixed against a softer dollar. MSCI’s index of Latin American stocks fell 0.7 percent, with broad-based losses across indexes. Sao Paulo-traded stocks fell more than 1 percent, led by shares of financial companies, which are typically sensitive to news regarding the pension reform.

  • Petrobras agrees to sell pipeline unit to Engie for $8.6 bln

    A consortium led by France’s Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil’s Petroleo Brasileiro SA, the state-run oil firm said on Friday, as the company’s biggest divestment draws to a close.

  • Latam stocks steady, Argentina’s peso hovers at record-low levels

    Latin American stocks were flat on Monday, partly subdued by delays in important pension reform in Brazil, while currencies in the region rose against a weak dollar but Argentina’s peso hovered around record-low levels on political uncertainty. MSCI’s index of Latin American stocks was little changed with stocks in Colombia’s IGBC index leading gains. Sao Paulo-traded stocks rose for a third straight day led by shares of energy companies as oil prices hit five-month highs.