Brazilian expenses abroad with credit cards totalled US$ 1 billion in June as against US$ 813 million in the same period in 2010.
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The Conjuncture Bulletin of the National Confederation of Industries (CNI, in the Portuguese acronym) estimates the GDP growth at 3.8% and the industrial production growth at 3.2%.
The Brazilian Luciano Ferreira is Ericsson’s financial vice-president for the Middle East and Northeast Africa. He is in charge of 23 countries, and the Arabs’ communications pass through his hands.
The Brazilian oil company disclosed a budget of US$ 54.4 billion, as against a previous forecast of US$ 59.8 billion. By 2015, the enterprise plans on investing US$ 250 billion.
The surplus was recorded in the fourth week of July. Exports reached US$ 5.2 billion and imports, US$ 4.8 billion.
Procable Energy and Telecommunciations, from São Paulo, should open, together with the Japanese Fujikura, a cable production unit in Rio Grande do Sul.
France loaned 45 million euros to the Arab country for financial restructuring and balancing of the local electricity sector.
The Brazilian oil company’s foreign currency debt rating has gone from Baa1 to A3. The company claims that this will enable it to raise funds in better conditions.
Martha Medeiros, from Alagoas, sells her Renaissance dresses to 24 Brazilian cities and four countries, including Lebanon. The Middle East is under the aim of the brand, which wants to grow overseas.
Demand for domestic flights grew 19% in June and shows a heated market. The concentration of flights and precarious infrastructure affects flights.
Brazilian industries overstocked at a rate of 52.3 points in June. The installed capacity also remained lower than in the same period of 2010.
There was a 6% decline in the total of financing granted by the bank in the first five months of the year, compared with the same period of 2010.
Developing countries accounted for 67% of the initial public offerings in the second quarter this year. In Brazil, the offers raised US$ 2 billion and in the Middle East, US$ 487 million.
Volkswagen Brazil has already manufactured six million engines at its unit, opened in 1996. At the facility, 3,100 complete engines and 300 partial ones are made each day.
