RECENT BRAZIL NEWS
17 Feb 2012
Brazil’s Pao de Acucar profit beats, margins up
Grupo Pao de Acucar , Brazil’s biggest diversified retailer, posted a 43 percent jump in fourth-quarter profit thanks to surging revenue and solid cost controls. The Sao Paulo-based company reported net income of 361 … Read more
16 Feb 2012
Brazil Mobile Phone Co TIM Bears Fruits From Turnaround
Brazilian mobile phone company TIM Participacoes SA (TIMP3.BR) is now producing the results from its three-year turnaround, and expects to maintain strong growth ahead given huge market potential, according to the company’s top executive. … Read more
15 Feb 2012
Why Is Your Boss Moving to Brazil?
When Isabel Moises moved from Lisbon to São Paulo last year to take an executive position with beer company Heineken, she was following the same path taken five centuries ago by the Portuguese explorers … Read more
14 Feb 2012
Daimler Mulling Small Car Production Site In Brazil
German car manufacturer Daimler AG (DAI.XE) is considering building a production site for compact models in Brazil, the daily Handelsblatt reports Monday. The consideration is due to “sustained stable sales” in the region, Daimler’s … Read more
13 Feb 2012
Why I Love That Country
One of the first things I learned on my first trip to Brazil, in 1996, was how to make a phone call. First, you made yourself comfortable. Then, with hope and a prayer, taking … Read more
09 Feb 2012
Brazil Among ‘World’s Most Exciting Markets,’ Templeton’s Mark Mobius Says
Brazil is among the “world’s most exciting markets,” according to Mark Mobius, executive chairman of Franklin Templeton Investment’s Emerging Markets Group. Mobius made the comments in a post on Templeton’s websitefollowing a recent trip to Sao Paulo to … Read more