Tag: Brazil Industry
RIO DE JANEIRO, BRAZIL - Lamborghini Latinoamérica, a Mexican company that holds the license to use the European brand in Latin America, has decided to invest in Brazil´s Santa Catarina state, say NSCtotal and Metropole newspapers.
The CEO of Lamborghini...
RIO DE JANEIRO, BRAZIL - Industrial production in Brazil shrank in ten of the 15 states surveyed by the Brazilian Institute of Geography and Statistics (IBGE) from January to February of this year. The biggest drops were observed in...
RIO DE JANEIRO, BRAZIL - Votorantim SA, one of Brazil’s biggest diversified holding companies, is launching a real estate arm, its chief executive said in an interview on Thursday, April 8, betting on further growth in demand for housing...
RIO DE JANEIRO, BRAZIL - The pace of expansion in Brazil’s manufacturing sector slowed sharply in March, to its slowest since June last year, a survey of purchasing managers’ activity showed on Thursday, due to the COVID-19 pandemic resurgence...
RIO DE JANEIRO, BRAZIL - The shrinkage of regional trade in the last decade made Brazil stop exporting US$56.2 (R$308) billion to South America in the last ten years. The conclusion is reported in a survey conducted by the...
RIO DE JANEIRO, BRAZIL - General Motors Co. on Monday, March 22nd, said it saw no reason to cut auto production in Brazil due to the worsening pandemic, striking a different tone to two other vehicle manufacturers who have...
RIO DE JANEIRO, BRAZIL - In a turbulent year due to the coronavirus pandemic, few sectors escaped the crisis. Agribusiness was one of them, managing to maintain the positive production rate of the last few years, surprising with a...
RIO DE JANEIRO, BRAZIL - Brazilian industrial confidence fell in March for a third month to its lowest since last August, a survey showed on Friday, March 19th, as a deadly second wave of the COVID-19 pandemic sweeps the...
RIO DE JANEIRO, BRAZIL - The shares of aircraft manufacturer EMBRAER (EMBR3) closed the week as the second largest rise in the Ibovespa index, with 12.3% gains in the period. In Friday's trading session, shares rose 4.8% and led...
