Browsing: Economy

The ‘Skywards Future Artists Competition’ looks for new artistic talents around the world. The winners will get a US$ 5,000 prize and their works will be printed in the company’s loyalty cards.

Sales by the company, a maker of equipment for grain storage, totalled US$ 11.8 million in the first quarter. The Middle East and North Africa was important for the performance.

Dubai-based airline posts positive results, but claims ‘stifling’ oil prices caused gains to plummet. Revenues reached US$ 17 billion in the fiscal year ended March.

The Brazil Commodities Index increased by 0.58% in April compared with March, according to the Central Bank. Over a 12-month period, the index dropped by 5.21%.

Stéphane Dias will speak at the 6th edition of ‘Dialogue Under Occupation’ on the importance of understanding and communication to furthering the peace process in in the face of political conflict.

Industrial revenues increased by 0.9% in Brazil in March as against February, but the use of installed capacity dropped by 0.5 percentage point, according to the National Confederation of Industries.

Brazilian industry sold 11% cheaper ore to the Arab market in April this year. The drop took place as against the same month in 2011 and reflects prices of the commodity worldwide.

The Arab Spring caused losses to the Brazilian company’s business in the African country. Plant is expected to produce up to 1,000 units as soon as protests are over and the economy is back to normal.