Browsing: Economy

From the Newsroom São Paulo – Brazilian aeroplane maker Embraer announced today (02) the sale of six ERJ 145 aircraft to China Southern Airlines. The aeroplanes, for up to 50 passengers, will be produced by Harbin Embraer, a joint venture between the Brazilian company and China Aviation II. Delivery is scheduled for between June this

Agência Brasil Rio de Janeiro – The Companhia Vale do Rio Doce reports that it will invest US$1.8 billion this year, an increase of 22.1% over last year. According to the president of the company, Roger Agnelli, 66.2% of the total (US$1.202 billion) will be used to expand operations. He explains that implementing the investment projects

Agência Brasil Rio de Janeiro – The president of the  Brazilian Development Bank (BNDES), Carlos Lessa, says that the bank is interested in financing the gas industry in the Northeastern region of the country. But he explains that red tape has made it difficult. Under present legislation, government enterprises have been prohibited from contracting debt.

From the Newsroom São Paulo – Marcopolo, one of the main bus chassis makers in the world, ended 2003 with net consolidated revenues of US$ 439.6 billion, 3% greater than the result forecasted by the company (about 426.6 million), but 13% lower than the performance in 2002 (around 505 million). The Middle East remains one

Agência Brasil Brasília – The new minister of Labor, Ricardo Berzoini, speaking at the National Labor Forum, declared that this year the priorities are reforms of labor laws and union organization. He said he hopes both reforms will be completed by the end of the year. The reforms were begun by former Labor minster, Jacques

Agência Brasil Brasília – The new minister of Labor, Ricardo Berzoini, speaking at the National Labor Forum, declared that this year the priorities are reforms of labor laws and union organization. He said he hopes both reforms will be completed by the end of the year. The reforms were begun by former Labor minster, Jacques