Tag: Financial

By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - Brazil's beleagured state-run oil company Petrobras registered a surprising surge in their latest earnings report on Friday, August 3rd, with net second quarter income soaring to US$2.68 billion (R$10.072 billion),...

By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The unemployment rate for the six major metropolitan areas in Brazil in January was 7.6 percent, the highest for the month since 2009 according to the IBGE’s (Brazilian Statistics Bureau)...

By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazilian export targets for 2012 are set to be missed for the first time since they were first introduced in 2003 due to a crash in the global price...