The São Paulo Stock Exchange (Bovespa) reached record levels of financial volume, trading volume and market value reached by shares traded.
Browsing: Economy
The Qatari and Brazilian airlines have established a code-share agreement. Passengers of the Arab company will have access to 48 destinations in the Brazilian territory.
Last year, the country traded 3.515 million vehicles, 11.9% more than in 2009. In December alone, cars licensed totalled 381,552, growth of 30.21% over November.
With investment of US$ 9.6 million, the business event, to take place in the sidelines of Fashion Rio, should have 310 exhibitors from all over Brazil. 50,000 visitors are expected.
The rate was recorded last year. Countries such as Brazil, Egypt and the United Arab Emirates are among those that contributed the most to the increase.
Project involves US$ 150 million in investment and is being discussed by the German automaker, its representative in the market and the Algerian government. Renault is also considering a unit there.
The balance between the inflow and outflow of foreign currency was lower than in the previous year.
In 2010, 3.33 million passenger and light cargo vehicles were sold in Brazil. This year, the National Federation of Motor Vehicle Distributors is expecting automobile sales to increase by 4.2%.
The conclusion is from a survey conducted by international consultancy firm Grant Thornton among executives from companies in 39 countries. Brazil ranks second in its region and fifth in the world.
The educational toys made by Gamar are already spread all over Brazil and also over nine countries in Europe. Now, the company plans to increase exports by 20%.
Brazilian foreign currency reserves reached US$ 288.575 billion on December 31st, 2010. There was growth of US$ 49.521 billion as against the reserves at the end of 2009.
The Brazilian government forecasts 13% growth in foreign sales compared with 2010. Developing countries should be responsible for driving business.
The figure reached a record last year. Brazil posted a US$ 20.1 billion trade surplus and had a 1.3% share of exports worldwide.
Analysts have maintained their economic growth projection for this year. According to the Central Bank, the expected growth in industrial output has gone from 5.31% to 5.30%.

