Tecnovidro has supplied the product for 32 buses which Brazil’s bus maker Marcopolo is shipping to Abu Dhabi. Double-glazing will be used in order for improved acoustics and insulation.
Browsing: Economy
Production averaged at 555,000 barrels per day this week and 470,000 bpd last week, after the government repossessed of ports and facilities shut down by protesters.
The port moved 9.8 million tonnes of cargo last month, the highest volume ever for June. Exports increased but imports declined.
In the first half this year, 2 million tonnes were imported, according to Instituto Aço Brasil.
In the first half of the year, the Arab bank had a net profit of US$ 514 million. Total assets reached US$ 71.1 billion, up 11.7% from 2013.
The decline took place in May from April, as per a Brazilian Central Bank index. It was the second month-on-month reduction this year.
A mission from the Fund has given a positive assessment of the country’s election calendar, fiscal performance and subsidy reductions, but noted that the economy remains fragile.
Hike was 1.6% from the six first months of 2013. But motorcycle production should decline by 3% this year, according to forecast by Abraciclo.
The result concerns the first two weeks of July. Year-to-date through July 11th, United States dollar outflows from Brazil have also exceeded inflows, by US$ 1.2 billion.
Shipyard FS Yachts has sold five boats to the Arab country and is negotiating the sale of 36 others. The company produces 44 units per month and started selling abroad this year.
President Dilma Rousseff said the creation of the Brics New Development Bank and of a currency reserve fund for the bloc will benefit emerging countries.
Itallian Hairtech closed deals with Middle Eastern clients that amount to US$ 2 million. Brazilian industry will export to Egypt, Kuwait, UAE, Jordan and Saudi Arabia.
The event will take place in São Paulo next Sunday and on the following weekend, featuring cuisine, music, dancing and handicraft from 40-plus countries, including Arab ones.
Brazilian exports grossed US$ 4.869 billion and imports amounted to US$ 5.109 billion, resulting in a US$ 240 million deficit.
