The Board of Directors of the state-owned oil company authorized public offering of the subsidiary.
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With the Brazilian market in a decline, the sector can benefit of stimulus measures to external sales, according to the president of the manufacturers’ association.
It’s the fifth straight week in which the Brazilian foreign trade registers a surplus, with exports overcoming imports. External sales are dropping, but purchases are declining even more.
The International Monetary Fund advises the Arab country’s government to promote growth of the private sector and diversify the economy.
The Focus Bulletin done by the Brazilian Central Bank indicates for the first time a retraction of the Brazilian GDP in 2016, besides the downturn already predicted for this year.
The Syrian engineer Talal Altinawi already cooks typical cuisine dishes and wants to open his business. For funding, he turned to crowdfunding, in which unknown people donate via internet.
Saoud Khoory, general manager of Abu Dhabi mall, will be one of the speakers at the Latam Retail Show, retail event that takes place in the city of São Paulo from August 24 to 27th with exhibition and panels.
Exports by the Brazilian meat company to the two regions fetched US$ 560 million in Q2, an increase of almost 5% over the same period of last year.
City Hall’s Secretariat of Development, Labor and Entrepreneurship promotes next Tuesday (18th) in the city of São Paulo a meeting that covers the legal questions upon the hiring of refugees and immigrants.
The information is included in a survey by the National Confederation of Industry. The appreciation of the North American currency hasn’t made a significant impact on Brazilian external sales yet.
The president of the Brazilian Central Bank said the index will reach its peak this quarter and remain high until the end of the year before starting to drop to the midpoint of the target.
Brazil’s sales to the region increased 4% in July over the same month of 2014. The volume went up more than 50%. Price of trade products declined.
At least US$ 1.6 billion is necessary to attend to 21 million people that need some kind of help due to the ongoing conflict in the country.
Brazil exported US$ 14.53 million to the Gulf country from January to July. In all, 1.3 million pairs were shipped in the period.
