News from the Charlotte Business Journal about Companhia Providencia will invest an additional $60 million and add 28 jobs to its $70 million Statesville plant, boosting total employment to 81. Read more: Companhia Providencia invests $60M in Statesville | Charlotte Business Journal
Category Archives: Brazil
Please welcome: EBX International, the latest Brazilian multinational
The Rio based EBX Group is planning to strengthen its presence outside Brazil and announced the openning of an office in New York to host EBX International. According to Eike Batista, chairman of the group: “with the creation of EBX and the International office opening in New York, let’s get even closer to global investors. We areContinue reading “Please welcome: EBX International, the latest Brazilian multinational”
Our expiring commercial treaty with the Brazils
My co-blogger, Hildete, wonders why sometimes I post items from a past date, such as the piece on Dilma and her opponent. To which I say, why the rush? This just in, from The Economist website: from the start of the British newspaper, the Brazils were on top of the index. Our expiring commercial treatyContinue reading “Our expiring commercial treaty with the Brazils”
Brazil’s presidential election Second round, second thoughts?
The Economist’s endorsement of (eventual loser) Mr. Serra in the Presidential election highlights some issues worth watching in the new Rousseff administration. “Mr Serra also has faults, notably a worrying tendency to try to micromanage everything. But his record suggests that he would move faster to cut wasteful spending and eliminate the fiscal deficit, andContinue reading “Brazil’s presidential election Second round, second thoughts?”
Banco do Brasil expands in the US and Africa
Bank of Brazil announced this week the purchase of a bank in Miami, USA and signing a joint venture with Portuguese bank Espirito Santo and Brazilian rival Bradesco. The acquisitions are part of the internationalization strategy of Brazil biggest public bank, , which includes Latin America, after the recent purchase of Banco Patagonia. In the US, targeting Brazilian High Net Wealth The institution being acquired in MiamiContinue reading “Banco do Brasil expands in the US and Africa”
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