The Petrobras scandal: are we facing a complex case of corruption with politics prying associated with lousy management? What will it take to get Petrobras on track? This Business Newswire analysis makes good points. Petrobras’ decision to take a massive $17 billion (11.20 billion pound) write-down to account for overvalued assets and corruption-related costs is onlyContinue reading “Business Newswires Analysis: Petrobras overhaul calls for much more than corruption clean-up”
Tag Archives: Petrobras
Business opportunities in Rio unveiled
London Olympic Games. Rio Conferences will present opportunities in strategic sectors of the city from July 25th to August 12th for more than 540 companies. Organized by Rio Negocios, the conferences are supported by companies like the Brazilian bank Bradesco and the German airline Lufthansa. Audiovisual, High Tech, Energy and Business of Sports will be the topicsContinue reading “Business opportunities in Rio unveiled”
Brazilian biggest companies in the Forbes list
Forbes list of the world’s biggest companies uses an equal weighting of sales, profits, assets and market value to rank companies according to size. 33 Brazilian companies are in the ranking. Energy makes number one among them with Petrobras (oil, gas and ethanol). Another interesting highlight is the leading presence of banks: Itau (and Itausa, itsContinue reading “Brazilian biggest companies in the Forbes list”
Brazil’s Oil Boom
from The Economist, 5 November Filling up the future Its remarkable offshore oil bonanza could do Brazil a lot of good. But getting the most out of it will not be easy Nov 5th 2011 GEOLOGICAL structures of vast antiquity are more often called on to bolster the arguments of atheists than enlisted as tokensContinue reading “Brazil’s Oil Boom”
Hoping to do « Negócios da China »
China is Brazil’s main commercial partner. The bilateral commerce between Brazil and China was R$ 56 bi in 2010, with China registering R$ 5 bi surplus.In 2009, China became Brazil’s main trading partner, leaving the US in the second place. From US$ 2 billion in 2000 to US$ 56 billion 2010, bilateral trade between BrazilContinue reading “Hoping to do « Negócios da China »”
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