United Nations Food and Agriculture Organization's (FAO) projections point to a gradual reduction in the prices of certain foodstuffs. The information was published on the website of the UN...

The Brazilian Ministry of Agriculture and the National Monetary Council (CMN) allocated around 2.2 billion Brazilian reais (US$ 1.3 billion) to the Coffee Economy Defense Fund (Funcafé). The amount...

Brazil's state-owned Eletrobrás Group, which operates in the field of power generation and supply, ended the first three months of 2008 with net profit of 841.5 million reais (US$...

Grendene, a shoe company from Brazil, has expanded the volume of its exports by 41.7% in the first quarter of this year. The company shipped 18.6 million pairs of...

Banco do Brasil (Bank of Brazil) is going to officially inaugurate its representation office in Dubai, in the United Arab Emirates, next Sunday, May 18. The office will be...

The president of Brazil's Central Bank, Henrique de Campos Meirelles said that his bank is ready to cap pressure on prices with the purpose of keeping inflation under control...

A series of judicial decisions prevented Brazilians from marching for the legalization of marijuana in nine capitals of Brazil's states. The marches were scheduled to take place on May...

Average production of oil and natural gas by Brazilian state-controlled oil company Petrobras in the country, in April, was 2.157 million barrels of oil equivalent per day, growth of...

Compared with the previous month, retail trade sales grew 1.8% in March, in Brazil, according to the Brazilian Institute of Geography and Statistics (IBGE). The sector posted a 2.3%...

Revenues of micro and small businesses in the southeastern Brazilian state of São Paulo grew 2.4% in the first quarter of 2008 in comparison with the same period of...

It took four years of research on hibiscus flowers, a plant of African and Asian origin well adapted to Brazil, before businessman Fernando Gama established Flor dos Hibiscus (Hibiscus...

Banco do Brasil (Bank of Brazil) posted net profit of 2.3 billion reais (US$ 1.3 billion) in the first quarter of 2008. According to a report disclosed this Wednesday,...

Eyeing Arab clients Marriott Brazil chain is offering in its luxury hotels exclusive services to Muslims. The differentiated services are provided in the JW Marriott, in Rio de Janeiro,...

Brazilian imports from the Arab countries posted significant growth in the first four months of this year. They rose from US$ 1.7 billion between January and April last year...

From 2001 through 2003 Brazilians Hélio ('Spiderman') Castroneves and Gil de Ferran constituted the entire complement of drivers for legendary Penske racing at the Indianapolis Motor Speedway, or 'Brickyard.'...

Brazilian President, Luiz Inácio Lula da Silva, compared this Wednesday, May 14, the decision of his Environment minister to resign to a child telling his parents that he or...

Brazil's Foreign minister, Celso Amorim, discussed the need for a direct flight between Brazil and Libya with authorities in the Arab country. Amorim visited the Libyan capital after participating,...

Brazil's software sector should rise its exports from US$ 100 million to US$ 500 million and job creation should grow 20% with the measures announced by the Brazilian federal...

Brazil's federal government is going to nearly triple the funds for its Export Financing Program (Proex) in 2008. Instead of the forecasted 500 million reais (US$ 298.6 million), the...

Almir Barbassa. the Financial director of state-controlled Brazilian oil multinational Petrobras, informed that investment at the oil company this year should total from US$ 54 billion to US$ 55...

Brazil's minister of Agriculture, Livestock and Supply, Reinhold Stephanes, claims that the Arab countries are a great market for national agribusiness. However, he defends that partnerships with the region...

Opportunities for exports of services from Brazil to the United Arab Emirates were among the main topics discussed this Monday, May 12, in the Brazil-United Arab Emirates Bilateral...

The first day of qualifications for 92nd running of the Indianapolis 500 failed to stand up to the 2007 tension filled Brazilian duel in which Hélio Castroneves grabbed the...

Brazil wants to attract attention at Beautyworld Middle East, a beauty, cosmetics and perfumery sector fair to take place from May 18 to 20 in Dubai, in the United...

Foreign direct investment (FDI) in Latin America and the Caribbean was record last year, reaching almost US$ 106 billion, according to figures disclosed by the Economic Commission for Latin...

Portuguese energy sector company Energias de Portugal (EDP), is discussing with the Algerian Sonatrach and with Brazilian partners the possibility of building liquefied natural gas terminals in Brazil to...

Brazil, this year, is expecting its second largest coffee crop in the last ten years, totaling 45.5 million 60-kilogram bags. The estimate was disclosed last week by the Brazilian...

Bank ABC Brazil, controlled by the Arab Banking Corporation, headquartered in Bahrain, posted net profit of 38 million reais (US$ 22.4 million) in the first quarter this year, growth...

The Consumer Prices Index in Brazil experienced its biggest increase in four months in April, 0.55% (up from March's 0.48%) because of higher food costs, according to the Brazilian...

Sugarcane and cane-based ethanol became a more important energy source than hydroelectric power in Brazil's overall energy production last year, topped only by petroleum and oil products according to...