The Brazilian Ministry of Mines and Energy is planning on auctioning in September four plants whose concessions expired and which have been returned to federal government control.
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The United Nations has issued a revised version of its early-year forecasts. World GDP growth expectation was kept the same, but the numbers for Latin America and Brazil worsened.
The Brazilian state-run oil company announced that procedures have begun for the divestment sale of the Azulão Field, a potential natural gas production site in the Amazonas River Basin.
Brazil’s economy grew in this year’s Q1 in comparison to the last quarter of 2016, as shown by indicator from the Brazilian Central Bank (BC).
The European Bank for Reconstruction and Development (EBRD) will provide a USD 11 million loan to a petrochemical industry company.
Damaskinos Mansour and other prelates from the Orthodox Church of Antioch toured the organization’s new facilities this Friday (12). They were welcomed by president Rubens Hannun and by board members.
In the first quarter, the state-run oil company produced 2.805 million barrels of oil equivalent per day, up 7% from a year ago.
For the first time since 2012, the airline based in Dubai, the United Arab Emirates saw net income dwindle from one fiscal year to the next.
A survey conducted by Fundação Getulio Vargas shows a 17-point hike in an index in April from January this year.
A poll of Brazilian financial institutions conducted by the Ministry of Finance points to an expected BRL 148 billion deficit this year, a wider number than the government’s BRL 139 billion target.
The architect delivered a lecture to the staff and C-level executives regarding the work he did for the organization’s new headquarters.
The organization’s Marketing vice president Riad Younes joined a Lebanese diaspora conference in Beirut and accepted a trophy in recognition for services rendered to the community.
Foreign sales from Brazil reached USD 79 million in April and USD 338 million year-to-date. The number of pairs shipped abroad went down.
It was the state in Brazil where industrial production declined the most in March from February, by 4%. The average national drop was 1.8%. Other above-average states were Ceará, Paraná, Minas Gerais, and Pará.
