Aircraft maker profited US$ 99.5 mn in the second quarter, as against US$ 77.5 mn in the same period of last year. In comparison with the first three months of 2011, however, there was a decline.
Browsing: Economy
World Economic Forum will have its regional edition for the Middle East and North Africa from October 21st to 23rd. The meeting will have the ‘Arab Spring’ as its backdrop.
The Brazilian Mining Institute (Ibram) shows that companies that work with ores are going to invest the funds in Brazil over the next five years. Global demand is on the rise.
The currency reached its lowest value relative to the Brazilian real in the last 12 years last Tuesday, and the government authorized the charging of a 25% tariff on derivatives contracts.
Ministry of Labour and Employment figures show that in the first half this year, 26,500 foreigners obtained work permits in Brazil, a figure 19.4% higher than in 2010.
Created in Rio de Janeiro, online shop Meninos Store sells creative items inspired by the virtual world and the vintage style, to 32 countries. Exports account for 70% of sales.
The country rose from 15th to 5th among the countries that received most foreign direct investment, according to the Unctad. In 2010, the country received US$ 48 billion, a record figure.
Brazilian expenses abroad with credit cards totalled US$ 1 billion in June as against US$ 813 million in the same period in 2010.
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.
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.

