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Tag: industry

RIO DE JANEIRO, BRAZIL - A study released by the Federation of Industries of the State of Rio de Janeiro (FIRJAN) shows that Brazil's economic activity shrank by 6.7% in the 12-month period that began in March 2020, with...
RIO DE JANEIRO, BRAZIL - São Paulo's processing industry posted a 2.6% growth in real sales between December and January, according to a Conjuncture Survey by the São Paulo Federation of Industries (FIESP) and the Center of Industries of...
RIO DE JANEIRO, BRAZIL - Colombia’s majority state-run oil company, Ecopetrol, on Tuesday reported its 2020 net profit fell 87.3% to 1.69 trillion pesos (US$470.1 million) versus the previous year. The company’s fourth-quarter net profit fell to 675 billion pesos,...
RIO DE JANEIRO, BRAZIL - Business confidence in Colombia experienced a slight decline for the second consecutive month in January due to the impact of confinement measures used by authorities to control a second wave of the coronavirus, the...
By Matthew Smith for Oilprice.com RIO DE JANEIRO, BRAZIL - Colombia is not a country usually associated with crude oil. Low proven petroleum reserves and falling production see Colombia rank well behind many of the global oil heavyweights, yet petroleum...
RIO DE JANEIRO, BRAZIL -Peru’s copper production plunged 12.5% to 2.15 million tonnes in 2020, the country’s Energy and Mines Ministry said on Monday, February 8th, driven down by coronavirus-related restrictions that hammered output in the world’s second-largest producer...
RIO DE JANEIRO, BRAZIL - Meat prices declined or stabilised and the cost share of feed and doc’s grew to 87% of total production costs. According to Embrapa Suínos e Aves, from the 10 elements that make up poultry...
RIO DE JANEIRO, BRAZIL - 2020 was the second consecutive year of losses after recording a 1.1% downturn in 2019, as a result of the measures to contain the virus. Moreover, it was the sharpest annual downturn since 2016,...
RIO DE JANEIRO, BRAZIL - São Paulo State Treasury and Planning Secretary Henrique Meirelles estimates that the state's economy should rebound at a faster rate than the country as a whole. The São Paulo government estimates a preliminary 5%...

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