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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 Sarah Brown, contributing reporter RIO DE JANEIRO, BRAZIL - It is the small to medium-sized companies that are gaining the bigger profits in Brazil against last year’s figures, according to the Internal Revenue Sector. They state that the low...
By Andrew Willis, Contributing Reporter RIO DE JANEIRO, BRAZIL – Profits at Brazil’s state-led oil company, Petrobras, fell twelve percent during the three months ending September 30th, compared to the same period last year, according to results published last week....
By Ben Tavener, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The heads of Brazil’s two biggest airlines, TAM and Gol, have said they are planning on taking steps to boost their companies' profits after the global financial crisis dealt...
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