Browsing: Economy

The Brazilian oil company reached 2.1 million barrels refined per day as of last Sunday (12th). Earlier this month, the enterprise had set several other records.

Brazilian shipments generated over US$ 5 billion, with a daily average of above US$ 1 billion, growth of 7.2% over the first week in August.

RVB Malhas, a Brazilian fabric producer, has developed its 2013 collection inspired on the Riads, ancient palaces and houses with internal gardens in the Arab country.

According to the Central Bank’s Focus bulletin, analysts have reduced their growth estimate for the Brazilian economy for the second time in 2012, from 1.85% to 1.81%.

The level of employment has dropped in June, with 0.2% reduction over May and 1.8% over the same period last year. This was the fourth month running of negative results.

Vehicle and implement manufacturing company posted revenues and net profit declines. However, exports were up in Brazilian currency, and the enterprise already sees improvement in the domestic market.