Foreign sales of lumber, paper and wood pulp increased in the year’s first six months, generating revenues of USD 4 billion to Brazil.
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The 13th Latin American Auto Show of Hybrid-Electric Vehicles will gather the sector’s manufacturers and buyers on September 21 to 23 in the city of São Paulo. Registrations are open.
Saudi Arabia has been chosen as one of the priority countries for the sector’s promotion project, with actions happening in 2018 and 2019.
The Brazilian airplane manufacturer saw adjusted net income more than double in quarter two this year, with revenue going up 19%. It delivered 59 units.
The consolidated public sector, which includes the Federal government, states and counties, registered a BRL 19.5 billion (USD 6.27 billion) deficit in June. It was the worst result of the historical series.
Index by Fundação Getulio Vargas declined 6.5 points this month over June and stood at 136 points. Uncertainty, however, remains high.
The manufacturing unit in the Relizane area is the carmaker’s first in the Arab country, the outcome of a partnership with the local group Sovac.
Concession contracts of the airports of Fortaleza, Porto Alegre, Salvador and Florianópolis will be signed this Friday (28) with payment at sight.
The UAE-based airline posted USD 1.8 billion in losses last year, primarily due to fuel hedge contracts and depreciation of aircraft and other assets.
The Brazilian mining company saw its revenues and profit go down in Q2 of this year. The Middle East accounted for 2.9% of the company’s businesses.
Gula, a company founded by Brazilian Fernanda Troy, is now selling up to 800 kg of Brazilian delicacies monthly. The entrepreneur wants to promote Brazilian culture in the UAE.
The Brazilian Central Bank (BC) reduced the benchmark interest rates from 10.25% to 9.25% per year, below two-digit number for the first time in almost four years.
Foreign sales of capital goods from Brazil increased year-on-year from January to June, 2017. In June alone, sales also went up, by 8.2%.
Weak revenue numbers were one of the reasons for the widest primary deficit on record for a first half in Brazil.
