Provided by Bank of Nova Scotia’s profit rose sharply and topped expectations as Canada’s No. 3 bank increased lending in its second quarter and cut back on provisions for older loans that soured. Read full article ... [more]
Provided By Rio Times On line Petrobras, the Brazilian oil giant, looks set to bow to pressure and abandon plans to increase investments by US$35 billion in its current five-year plan. The proposed increase in expenditure would have been funded by increased borrowing, or fuel price rises. The federal government... [more]
Provided by Brazil Global It is not everyday that a Brazilian university is ranked among the 5 best in the world by an international and respected newspaper. The Financial Times ranked Fundação Dom Cabral fifth overall in the FT’s executive education ranking, and third for customized courses. To read the full Article.... [more]
Provided by Rio Times On line Last week the Brazilian Minister of the Environment, Izabella Teixeira, reported that in the nine month period from August of 2010 to April of 2011, deforestation of the Brazilian Amazon rainforest had increased by 27 percent, a reversal of the previous year’s decrease. The... [more]
Provided by Mine Web Vale announced Monday that it has opened its first nickel production plant in Brazil, Onça Puma, one of the largest ferronickel production facilities in the world. The project has an annual production capacity of 220,000 tons of ferronickel, containing 53,000 tons of nickel. To read the full... [more]
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