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.
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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.
Foreign sales averaged USD 895.6 million a day in the first week of May, the Brazilian Ministry of Industry, Foreign Trade and Services. The country registered a USD 997 million surplus.
The increase in prices expected by Brazilian financial market players for 2017 changed from 4.03% to 4.01%. The GDP growth forecast edged up to 0.47% from 0.46% last week.
From January to April, 232,000 vehicles were shipped abroad from Brazil, a 64% increase over the year-ago period.
Brazil’s IBGE, National Treasury and Central Bank reported that the federal government had a net operating loss of BRL 512.2 billion in 2015. In 2014, the deficit had been equivalent to 4.9% of GDP.
Net profit numbers by companies whose shares are traded in the Abu Dhabi and Dubai stock exchanges climbed by 6.7% in the first quarter. Banks were the highlight.
The price of oil weighed down on the country’s finances in 2016, and on its transactions with the rest of the world. The deficit was to the tune of 1.5 billion Kuwaiti dinars.
The decline was from February to March. In comparison to March of last year, however, it went up 1.1%.
