fbpx

Tag: revenues

By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – After four years registering losses, Brazil’s oil giant, Petrobras, announced the company registered a net income of R$25.8 billion in 2018. This is the first positive result in five...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian government has announced plans to privatize or sell off approximately one hundred state-controlled companies including subsidiaries of Banco do Brasil, Caixa Economica and Petrobras. The goal of...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Brazil’s President, Michel Temer, is expected to sanction on Wednesday a law that will allow the government to use revenues from public lotteries for public security programs. The government...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras, the oil giant of Brazil, announced its third quarter results yesterday (Tuesday, November 14th), with a net profit of R$266 million for the three-month period. The results were significantly...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The city of Rio de Janeiro has lost more than R$657 million of its tourism revenues during the eight first months of the year due to crime and violence,...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Unable to obtain the expected revenues Brazil’s federal government announced on Tuesday it was increasing the nation’s budget deficit target by R$20 billion this year, from R$139 billion to R$159...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Faced with dwindling revenues, Brazil’s federal government decided to raise fuel taxes. The government’s objective is to raise R$10.4 billion with the additional levy and meet the primary deficit fiscal...
By Lise Alves, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Tourism in the state of Rio de Janeiro lost R$320 million in revenues in the first four months of 2017, according to data compiled by the National Confederation of...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Tension between Brazil’s Foreign Ministry and Tourism Ministry over visa exemptions to certain countries, was revealed by local media over the weekend. While Tourism minister sees the exemption as an...

LATEST NEWS

WEATHER

Rio de Janeiro
clear sky
21.6 ° C
22.2 °
21 °
73 %
2.6kmh
0 %
Thu
26 °
Fri
27 °
Sat
28 °
Sun
29 °
Mon
26 °
error: Content is protected !!