Industrial sector activity improved from the poor performance seen in February, the Brazilian Institute of Geography and Statistics (IBGE) reported. Year-on-year in March, however, activity shrank 11.4%.
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April’s USD 4.861 billion surplus was the biggest for the month since record-keeping began. Foreign sales were up 1.4% to USD 15.4 billion.
The tax rate on acquisition of foreign currency in cash went from 0.38% to 1.1%
The Qatari airline will host an event to recruit flight attendants on May 14 in the city of São Paulo. Candidates need to register in the company’s website.
Working out of the Paraná state capital Curitiba, the socially-conscious enterprise Linyon finds jobs for immigrants. It also oversees new businesses and delivers lectures at schools and in corporate settings.
Such is the amount the Brazilian state-run oil company could save each year as a result of restructuring measures. Shareholders approved the plan last Thursday (28th).
Plummeting revenues, soaring spending led Brazil’s National Treasury, Social Security and Central Bank accounts to the biggest quarter-one deficit in history.
This is the company’s estimate on 70-130 passenger-aircraft to be delivered in the next 20 years. Until 2034, the fleet of this type of aircraft will double up in the continent.
The Brazilian mining company bounced back from USD 9.3 billion losses last year due to streamlined spending and an iron ore price rebound. Revenues dropped.
The International Marrakech Air Show opened this Wednesday and runs until next Saturday with more than 200 companies of the aviation sector.
Revenues climbed 8.44% in March from February and 4.16% from March 2015.
The institution has revised up from USD 37 to USD 41 its projected average for the price of a barrel this year. Even so, commodity prices as a whole are seen to fall short of 2015 levels.
The Gulf country has been suffering the impacts of oil’s low prices and needs to reduce subsidies, contain expenditures and address impediments to private investment.
The Brazilian state-run bank granted loans worth a combined USD 5 billion in the first quarter. Infrastructure projects got the bulk of funding.

