Credit rating agency downgraded the state-owned oil company from Baa2 to Baa3. The company, however, maintained its investment grade.
Author: Agência Brasil
Average earnings in Brazil went from US$ 613 in 2003 to US$ 815.7 in 2014 in real terms, i.e. inflation is accounted for.
The increase took place in 2014 from 2013, according to the Brazilian industry association. In 2015, a 2% increment is expected.
Preview of the January index from Fundação Getúlio Vargas (FGV) points to an 1.2% over December. Result differs from survey done by National Confederation of Industry.
Finance Minister Joaquim Levy said that policies implemented by the Brazilian government will bring back investors’ trust. The economic package raised taxes.
A poll conducted by Brazil’s National Confederation of Industry (CNI) shows that the rate of entrepreneurs who intend to make investments this year is lower than in 2014.
US dollar outflow from Brazil are US$ 94 million higher than inflow so far in January.
The index calculated by Brazil’s National Confederation of Industry hit 44.4 points in January, its weakest level ever since records started being kept.
The step back in comparison to October 2014 came after four month-on-month increases, according to a survey released by the National Confederation of Industry (CNI).
Registration to attend the 2016 Olympic Games, in Rio de Janeiro, is available starting today on the event’s website. Buyers will be selected via a lottery system similar to the one used during the FIFA World Cup.
Rates will increase at Infraero-managed airports and other government-run facilities that are not under concession to the private sector.
The country sold 334.5 vehicles abroad last year. Domestic production was at 3.15 million cars, buses and trucks, 7% less than in 2013.
Indicator was down 0.7% from October and down 5.8% from November 2013. In 12 months, production declined by 3.2%.
The Brazilian Central Bank’s Brazil Commodities Index index was down 1.24% last month, but up 5.47% throughout 2014.
