Mergers and acquisitions dropped 67% to USD 4.7 billion in Q1 this year, according to a survey from Thomson Reuters, in the weakest first quarter since 2014.
Commercial operation of the hydroelectric plant started this Wednesday. The power plant is located along the Xingu River, Pará state.
According to the Brazilian Central Bank, the deficit stood at USD 855 million in March. The Q1 deficit reached USD 7.591 billion.
The Santos city-based beachwear brand Santa Areia has shipped products to a client in the Arab country. The winner of a foreign trade prize, the company wants to do more business with Arab countries.
Juan Quirós, president of trade promotion agency InvesteSP, met with representatives of sovereign funds during the Annual Investment Meeting and discussed investments in concessions and export projects.
The airport handled over 6 million passengers in the first quarter of 2016. Aircraft traffic increased by 1.5%.
From May 22 to 26, the sector’s association will set up meetings and visits to the Gulf country to define Brazilian footwear business strategies there. Currently, 130 members of the association export to the UAE.
Overall, USD 88 billion worth of taxes and contributions were collected in Q1 in Brazil, down 8.2% from Q1 2015.
The USD 1 billion project is scheduled to open in 2018 and will feature attractions based on the studio’s comic and cartoon characters.
Three Congolese people will give directions to fans at matches, with seven others yet to be recruited, and positions due to open up in the team’s social club. Last Saturday, 80 refugees watched the game vs. the Red Bull team.
A report by the bank estimates that this is the annual amount the Israeli government withholds from the Arab country. The document will be presented in Brussels to the Ad Hoc Liaison Committee for support to Palestinians.
The number concerns a March-on-March comparison for Brazil according to an indicator measured by Serasa Experian. In March from February, demand was up 8.4%.
In April’s third week, exports exceeded imports in USD 925 million in Brazil. Year-to-date, foreign trade balance registers a surplus of USD 10.9 billion.
Financial institutions lowered their 2016 inflation forecast for the sixth straight time. Next year, prices are expected to increase 5.93%.
