Browsing: Economy

British company BP has acquired the Devon Energy rights to explore areas in Campos Basin. The agreement, which also includes other areas for international exploration, cost US$ 7 billion.

Investment in construction in Brazil totalled US$ 328 billion in 2009, according to figures disclosed by ITCnet, a research company. Most of the funds – US$ 162 billion – went to industrial works.

Artisans from Rio Grande do Sul make accessories and costume jewellery out of fish leather, fishing nets and rubber residues. They are part of the Mar de Dentro Handicraft Project and Canoa Group.

This is the evaluation of Finance Minister Guido Mantega, who believes capital markets will have the greatest volume of business in the world in 2010. He warned, however, about exchange fluctuation.

Sales totalled 221,000 units of new vehicles in February. Production also grew 23.9% over the same month in 2009, totalling 253,200 vehicles.

Responsible for 6% of production of honey in Paraná, the city of Ortigueira plans to sell to the Emirates. In the city, an association named Apomel brings together beekeepers and exports.