Sao Paulo set for opener as Brazil gets first IRL race
CBS Sports - Wed Nov 25, 10:23 pm ETThe Indy Racing League will open its 2010 season on the streets of Sao Paulo, the first time the IndyCar series has held a race in Brazil.
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The Indy Racing League will open its 2010 season on the streets of Sao Paulo, the first time the IndyCar series has held a race in Brazil.
Nov. 26 (Bloomberg) -- Caixa Economica Federal , the federally controlled Brazilian bank, is in talks to buy a 35 percent stake in Banco Panamericano SA , the lender controlled by media magnate Silvio Santos, the companies said.
FRANKFURT (AP) - Germany's Volkswagen AG has announced plans to invest llion ($3.5 billion) in Brazil and said it hopes to be building a million vehicles a year in the country by 2014.
Markets from Sydney to Sao Paulo reeled under a wave of fear after Dubai World, the main development engine of Dubai's breakneck growth, said Wednesday it is asking creditors to agree to standstill on billions of dollars of debt.
razil’s president said Thursday that “gringos” should pay Amazon nations to prevent deforestation, insisting rich Western nations have caused much more past environmental destruction than the loggers and farmers who cut and burn trees in the world’s largest tropical rain forest.
Volkswagen's Brazilian affiliate is to spend some 3.5 billion dollars over the next 15 years for capital improvements and the development of new auto products.
In this Sept. 2009 photo, Severiano Pontes, center, Bruno Iespa, right, and a soldier measure out an illegally cut tree near Novo Progresso in Brazil's northern state of Paral. Environmental agents patrol the Amazon to prevent illegal clearing, part of Brazil's new effort to preserve a jungle the size of the U.S. west of the Mississippi River. (AP Photo/Bradley Brooks)
In hosting Iran's leader, President Lula is signaling his belief in dialogue and his desire to mediate. But Brazil's own nuclear interests put it at odds with some Western demands
Nov. 27 (Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from the previous day’s session.
Nov. 25 (Bloomberg) -- Brazil’s government is planning to reduce taxes on furniture sales, an official with knowledge of the decision said.
SAO PAULO (Dow Jones)--The pace of consumer inflation in Brazil's largest city, Sao Paulo, slowed slightly in the four weeks ended Nov. 23, as housing and transport prices decelerated, the Fipe research foundation said Wednesday.
The Indy Racing League will open its 2010 season on the streets of Sao Paulo, the first time the IndyCar series has held a race in Brazil.
Nov. 27 (Bloomberg) -- Net Servicos de Comunicacao SA , Brazil’s biggest cable-TV operator, may see faster-than- estimated growth as the auction of two rivals provides a “unique” takeover opportunity, Raymond James & Associates Inc. said.
MANAUS, Brazil (AP) — Brazil's president said that "gringos" should pay Amazon nations to prevent deforestation, insisting rich Western nations have caused much more past environmental destruction than the loggers and farmers who cut and burn trees in the world's largest tropical rain forest.
SAO PAULO (Dow Jones)--Brazil's main consumer confidence index picked up in November for the second consecutive month, the Getulio Vargas Foundation, or FGV, said Wednesday.
Nov. 24 (Bloomberg) -- The sugar-cane harvest in Brazil’s Center South, the world’s biggest producing region, may end next month after the worst rainfall in 45 years kept workers out of fields, according to Plinio Nastari , president of Sao Paulo- based research company Datagro Ltd.