The French carmaker has been manufacturing automobiles in the country for 20 years now. Some of the output gets shipped to Latin America and Africa.
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Brazil’s National Treasury, Social Security and Central ran a combined BRL 9.45 billion (USD 2.44 billion) primary surplus, the widest for an October since 2016.
December 4 will see the termination of the mechanism guaranteeing that foreign investors could pull out their money in dollars after selling their investments in Egyptian securities. The move could allow more volatility for the Egyptian pound.
The number of jobless workers slid in August-October from 12.3% in May-July, according to the Brazilian Institute of Geography and Statistics (IBGE).
Oil and gas production averaged 3.34 million barrels of oil equivalent per day for the Brazilian state-run oil company in October.
On the eve of the bloc’s summit, in Buenos Aires, OECD reported that exports rose only 0.3%, with imports up 0.7%, a reflection of protectionist measures taken by the member countries.
Production capacity reached 167 million tons last year, up 7% over 2016.
The sector grossed BRL 65.1 billion (USD 16.8 billion) from January to October, up 7.7% compared with a year ago.
The property developer has announced that it will sell some of its Dubai hotels to Abu Dhabi National Hotels.
The country saw a USD 329 million surplus in October, the Central Bank reported. Year-to-date through October saw a USD 11.3 billion deficit.
The result came from USD 4.84 billion in foreign sales, with imports coming out to USD 5.96 billion.
The World Trade Outlook Indicator, measured by the organization, is at 98.6 points, the lowest level since October 2016, which signals a possible slowdown in 2018’s last months.
Brazil’s combined internal and external debt slid from BRl 3.779 trillion in September to BRL 3.763 trillion last month.
The Brazilian Development Bank will auction off energy distributor in Amazonas.
