Agência Brasil* Brasília – The Brazilian foreign trade reserves have exceeded the US$ 100 billion barrier for the first time in history. The Brazilian Central Bank (BC) disclosed yesterday (28) that foreign currency reserves – a kind of savings account that the country has for possible economic shocks – reached US$ 100.3 billion on Tuesday
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Italian group Mossi & Ghisolfi inaugurated yesterday (28) a PET industry in the northeastern Brazilian state of Pernambuco. The product is used mainly for the production of plastic bottles. The enterprise received investment of R$ 700 million and will produce 450,000 tonnes a year.
In keeping with the new opportunities arising in the energy sector, this year the Management Institute Foundation (Fundação Instituto de Administração – FIA) school of business administration, based in the southeastern Brazilian city of São Paulo, will launch a postgraduate course entitled " Business in Oil, Gas and Biofuels." The course will take two years and will convey an overview of the subject, ranging from the insertion of Brazil in the global energy production to strategies for micro and
Makhloufi Hamid, from Algeria, came to São Paulo to visit the offices of Brazilian industry Inbramaq, from which he is going to import a line of machinery to produce potato chips. The Arab intends to open a factory in April with a capacity for production of 50 kilograms of potatoes per hour.
The Brazilian company signed with the Ministry of Energy and Mineral Resources of Jordan an agreement that forecasts a viability study for the use of Petrobras technology in the production of schist oil in the Arab country. The study should take at least two years. Petrobras produces 4,200 barrels of schist oil per day.
The performance was powered by the food sector, business in the state and exports, according to a study by the Federation of Industries of the State of Paraná.
The Nour El Ain Hotel is state-owned and will be privatised. Purchase bids by Tunisian and foreign investors will be accepted until March 17. The hotel is located in Ain Draham, a northern Tunisian city visited by international tourists for its mountains and forests.
The Nour El Ain Hotel is state-owned and will be privatised. Purchase bids by Tunisian and foreign investors will be accepted until March 17. The hotel is located in Ain Draham, a northern Tunisian city visited by international tourists for its mountains and forests.
Agência Brasil* Buenos Aires (Argentina) – Among 18 agreements signed yesterday (21) between Argentina and Venezuela the most prominent was the establishment of the Bank of the South, to finance development projects of poor countries in South America. The idea was raised by Venezuelan president Hugo Chávez. Chávez and the Argentine president, Néstor Kirchner, pointed
Agência Brasil* Brasília – Brazilian exports generated US$ 2.795 billion last week, with growth of 7.21% over the previous week. Imports remained at the same level in the period, totalling US$ 2.095 billion, the trade surplus in the week between February 12 and 18 was US$ 700 million, 38.88% more than in the previous week.
The Via Terra company, a manufacturer of school uniforms based in the northern Brazilian state of Pará, has decided to innovate by investing in the production of male T-shirts. The output is still modest: 10,000 pieces per month. Now, the goal of the company is to double that figure and sell to foreign countries, especially to the Arab and European markets.
