Tag Archives: US

Tourism in Brazil: could it do better?

Brazil is the 39th destination on a ranking for international tourists, according to World Tourism Organization (WTO).  The country received 5.1 million visitors in 2010. A shame if compared to other BRICs: China (81 million), Russia (23.7 million) and India (5.3 million). … Continue reading

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Brazilian textile company acquires plant in the US

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 … Continue reading

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Itau Surpasses Goldman Sachs in Brazilian Bond Underwriting

July 13 (Bloomberg) — Itau Unibanco Holding SA overtook Citigroup Inc. and Goldman Sachs Group Inc. in Brazilian bond underwriting, leading a push by local banks to grab market share from international banks hurt by the global financial crisis. Itau, … Continue reading

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Brazilians acquisitions abroad top Multinationals buying in Brazil, says Estadão

The good shape of Brazilian companies turned them into buyers globally. This year, the balance of acquisitions is positive to Brazil.  Favored by a strong currency they are going shopping everywhere in the world. But it is not all. Most important is … Continue reading

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Brazil on the PBS Newshour

Here in the United States, the Newshour (previously the McNeil/ Lehrer Newshour) is a very well respected news source because it is a public television (and therefore more objective and less commercial) source of information. There is a series on … Continue reading

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Brazilian millionaires

Brazil has 127k families with net worth above US$1mn, according to Boston Consulting Group research just made public recently. This means that Brazil is 17th in the ranking of countries with the most millionaires. The US ranks 1st  with 4.1mn households, Japan comes in 2nd, … Continue reading

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Newsweek: Americans should learn Portuguese

International press has been paying more attention to Brazil. Newsweek’s latest edition has an article about how Brazilian companies are becoming more international. Banco do Brasil, Marfrig, JBS-Friboi and Petrobras are among Brazilian companies expanding abroad. Bottom line: Americans should … Continue reading

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