Sarkozy to Brazil with fighter jet bid looming Syracuse | (AP) - PARIS - French President Nicolas Sarkozy left Sunday for Brazil with hopes of persuading officials there to choose French-made fighter jets in a hot competition with U.S. and Swedish rivals. | President Luiz Inacio Lula da Silva invited Sarkozy to begin his two-day trip with dinner Sunday e...
Vale announces billion in new domestic investments Mineweb RIO DE JANEIRO (Reuters) - | Mining giant Vale on Wednesday announced billions of dollars in new domestic investments after months of government criticism that the company was not doing enough for Brazil's economy. | Vale (VALE.N: Quote)(V...
Brazil stocks rise on commodities, weaker dollar The Guardian By Luciana Lopez SAO PAULO, Oct 8 (Reuters) - Brazilian stocks rose in early trading on Thursday as the dollar's weakness helped push commodities and emerging market assets higher. The benchmark Bovespa index rose 0.86 percent to 63,179.85 in morning...
Banco Santander's Brazilian IPO raises $8.1B Philadelphia Daily News | STEPHEN BERNARD | The Associated Press | NEW YORK - Spanish financial giant Banco Santander SA has raised $8.1 billion with an initial public offering of shares in its Brazilian subsidiary, the largest IPO in the world this year. | In an effort to ...
U.S. ethanol eyes exports, sets sights on Brazil The Guardian By Karl Plume and Inae Riveras CHICAGO/SAO PAULO, Oct 6 (Reuters) - U.S. ethanol seems primed for exports for the first time as a weak dollar makes prices competitive and supplies of the biofuel in coming months look to become tight in major exporter...
Brazil car sales may grow 10 pct in 2010 - dealers The Guardian * Dealers see 8 pct sales growth in 2009 yr/yr * Auto sales drop 5.2 pct in October from September * Registrations for new cars rose 25.2 pct from Oct. 2008 (Recasts with details, quotes, forecasts) SAO PAULO, Nov 4 (Reuters) - Car sales in Brazil co...
Telefonica ups bid for Brazil GVT, Vivendi silent The Guardian * Telefonica ups GVT offer by 5.2 pct to 50.50 reais/share * GVT shares gain 1.4 pct to 51.70 reais, above offer * Vivendi, rival in pursuit of GVT, declines comment (Recasts to add details, Vivendi, analyst comments) By Guillermo Parra-Bernal SAO PA...
Spain's Telefonica raises offer for Brazil's GVT The Guardian SAO PAULO, Nov 4 (Reuters) - Spanish telecommunications company Telefonica raised on Wednesday its unsolicited offer for Brazilian rival GVT by 5.2 percent to 50.50 reais a share. The company's board raised the offer in order to "ensure the success o...
Santander Seeks to Raise Capital With Sale of Stake in Brazilian Unit The New York Times | PARIS — Grupo Santander, the Spanish bank that is the top lender in Latin America, is seeking to raise as much as $7.3 billion through a sale of shares in its Brazilian unit, it said Monday. | Santander’s Brazilian business contributed nearly 20 percent of its net income in the first half of this year, and the bank is hoping to build ...
Global Stocks at 1-Year High, Bulls on Parade ABC News By Kevin Plumberg | October 20, 2009 | HONG KONG (Reuters) - Global stocks extended gains to a one-year high on Tuesday, up 75 percent from a crisis low after strong sales numbers from Apple Inc suggested U.S. consumption is returning. | However, major European stock markets could succumb to profit taking, with financial bookmakers' expecting Brita...
