Brazil – Page 57 – BRAZILGLOBAL.NET

First Reserve Corporation invests $ 500 million in Barra Energia, in Brazil

First Reserve Corporation, an energy industry-focused private equity and infrastructure firm, has backed Brazilian exploration and production company Barra Energia Petróleo e Gás with a $500m investment. First Reserve is an independently owned firm since 1983. The firm has developed a global platform, having invested approximately $12.5 billion in equity. First Reserve has adopted theContinue reading “First Reserve Corporation invests $ 500 million in Barra Energia, in Brazil”

Brazil as a mediator or swing vote in security issues

This article asks whether Brazil will increasingly become a mediator or swing vote in important security issues like nuclear non proliferation because of its increasing economic clout, among other reasons. The future of non-proliferation An awkward guest-list Apr 29th 2010 From The Economist print edition The United States cannot count on a warm response, evenContinue reading “Brazil as a mediator or swing vote in security issues”

Investors from Abu Dhabi exploring business in Brazil

HSBC is organizing an investment mission to Brazil by a group of 20 high-profile investors from Abu Dhabi, in near future, to assess the investment opportunities available in the areas of mining, agriculture, food commodities and other sectors. Gerardo Mato, the Chief Executive Officer of Global Banking Latin American, HSBC is the banker behind thisContinue reading “Investors from Abu Dhabi exploring business in Brazil”

Current Status of BRICs

This article in The Economist was published at the same time as the 2nd meeting of the BRIC nations in Brasilia. The article raises an interesting question of how cohesive the BRIC nations are beyond the original economic categorization. The BRICs The trillion-dollar club Brazil, Russia, India and China matter individually. But does it makeContinue reading “Current Status of BRICs”

French retailer Carrefour plans new acquisitions in Brazil

Carrefour has two good reasons to invest in Brazil. First, sales in existing stores for a year went up 10%. Second, competition with local group Pão de Açucar, to whom the French group lost the lead in 2009 in the ranking of the Brazilian Supermarket Association. According to Jornal Valor, Brazil increased its stake inContinue reading “French retailer Carrefour plans new acquisitions in Brazil”