The group is going to sell the logistics arm of Keystone Foods, a company it acquired last year, to the US-based Martin-Brower. The deal involves operations in the Middle East.
Browsing: Economy
The United States currency closed at 1.777 real to one dollar this Monday, an increase of 2.57% compared with Friday.
Ludmilla Figueiredo is moving to Dubai, where she will work to expand Endeavor Global, a company that encourages entrepreneurship in developing countries.
The Brazilian balance of trade showed a US$ 22.5 billion surplus year-to-date as of last week.
Artesanato Santo Antônio, a maker of ceramic and metal decorations from São João Del Rei, Minas Gerais, is preparing a load of 7,300 items for shipment to El Corte Inglés chain in January 2012.
The Brazilian president Dilma Rousseff inspected the works at the Mineirão stadium in Belo Horizonte, which will host World Cup matches. She stated that infrastructure investment fosters growth.
Revenues should rise by 15% in 2011 according to projections of the Rio de Janeiro state chapter of the Brazilian Franchising Association (ABF-RJ). In the country, 2,000 brands operate as franchises.
The IMF informed that the rate of growth of the West Bank’s economy dropped from 8% to 4% this year. International aid has decreased from US$ 700 million to US$ 400 million.
The amount of companies that sought credit in August grew 6.2% over July, according to consulting firm Serasa Experian.
The Brazilian state-owned company will test a process that enables the underwater separation of oil and water, boosting rigs’ capacity.
The figure is the different between foreign currency inflow and outflow in Brazil up until the 9th, according to the Central Bank.
Shipments generated US$ 1.8 billion in August, growth of 51% over the same month in 2010. The figures show great industrial and building sector demand.
According to a report issued by the institution, there may be investment flight in developing nations should the world economic crisis worsen.
As of September 9th, Brazilian export revenues stood at US$ 6.8 billion and import revenues stood at US$ 5.5 billion.
