Financial institutions polled by the Brazilian Central Bank have changed their economic contraction estimate for 2015 from 1.49% to 1.5%, for the seventh straight time.
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The amount traded at the São Paulo Stock Exchange was down from US$ 45.8 billion in May. The primary index was up 0.6%.
Research by Ernst & Young shows that among executives from the sector’s companies, 56% intend to do mergers and acquisitions during the next 12 months. The survey has worldwide scope.
Market access actions and financing are part of the government package and could help small-sized companies sell abroad. However, specific measures targeting the segment are lacking.
United States jobs creation data caused the country’s currency to debase. The São Paulo Stock Exchange closed slightly up.
Items by brand Del Lima, owned by entrepreneurs from Rio Grande do Sul and Santa Catarina states, are sold at a store in the UAE’s Dubai Mall. High luxury line features diamonds, emeralds and rubies.
In Brazil, exports surpassed imports by US$ 2.2 billion from January through June, the highest first-half surplus since 2012. Exports and imports both declined, but the latter dropped by a higher rate.
US dollar outflows from Brazil were higher than inflows in almost US$ 4 billion in the month up until June 26th.
The brand Pont du Kaftan participated in a parade organized by project Fashion Inclusive Brazil in Rio de Janeiro. The initiative will select clothes by the brand to be sold online.
Federal, state and local governments and state-owned companies posted deficits in their accounts in May. But the negative results of the same month of last year were higher.
The International Monetary Fund says the North African country is recovering from the secession from South Sudan, but conflicts in the neighboring country threaten oil revenues.
In the first five months of this year, the volume of wood panels shipped abroad from Brazil also increased, but foreign sales of paper remained flat, according to the industry association.
The company lowered the estimation of investments for the 2015-2019 period by 37%. The cuts mean US$ 90.3 billion less than the estimated figure of the last business plan.
Construction Confidence Index increased 0.1% in June after a decline in May. Businessmen from the sector estimate improved economic situation in six months.
