Latin American stocks rose on Wednesday, boosted by solid earnings in Brazil, but a downbeat reading of the U.S. economy by the Federal Reserve cut into gains and spurred losses in Mexico and Chile.In Brazil the strong rates of economic growth have spurred optimism on second-quarter earnings, which are just getting under way. “With the [...]
Posts Tagged ‘Brazilian companies’
Brazil finds out the Food fair, in Dubai
Brazil´s 50 companies are going to participate in Gulfood, a trade fair for the food industry that will be held in Dubai, from the 21st to the 24th. They represent three of the many Brazilian agribusiness sectors – powtry, meet and fruits. : powtry, meet and fruits, which are talking part in the most import fair [...]
Another Brazilian company buys stake in Cimpor
Brazilian constrution firm Camargo Correa has announced that it is buying a 22,17% stake in the Portuguese cement maker Cimpor, in a billion Euro deal. The Brazilian company may possibly buy an additional 3 percent of Cimpor held by other entities. The purchase underlined the determination of Brazilian companies to boost their standing in the [...]
A Brazilian livestock firm has grown to prize-winning size
From Economist.com JBS spreads its wings Unless you work with quadrupeds, it may have escaped your notice that a Brazilian company, JBS, is about to become the world’s largest processor of meat. Its recent acquisition of Pilgrim’s Pride, a big chicken processor in America and Mexico, and a pending merger with Bertin, another Brazilian firm, will [...]
Brazil´s Spring Wireless opens new HQ in Seattle
Spring Wireless has just established its U.S. headquarters in Seattle. The company is one of the fastest growing ventures in the mobile enterprise space and was originally founded in Sao Paulo, Brazil in 2001. It has operations across the Americas, Europe and Asia. “We see great potential in the U.S. market, which has traditionally lagged behind Europe and [...]