Business
Economic and Business News in Rio de Janeiro and Brazil
Brazil’s Angra 3 Nuclear Reactor May be Delayed
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Four companies being investigated for bribes in the Operação Lava…
Moody’s Downgrades Brazil’s Credit Rating
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Credit ratings agency Moody’s downgraded Brazil’s ratings on Tuesday (August…
Impact of Lava Jato on Brazil’s GDP Could Reach R$140 Billion
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – The Lava Jato (Carwash) corruption scandal in Brazil involving…
Brazil’s Petrobras Registers 90 Percent Drop in Q2 Net Income
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Petrobras closed the second quarter of 2015 with a net…
‘Brazil Cost’ Bureaucracy Continues to Hinder Business
By Lisa Flueckiger, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – Bureaucracy in Brazil is so widespread and extensive that…
Brazil’s Industrial Production Fell by 6.3 Percent in 1st Semester
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – The industrial production in Brazil for June declined 0.3 percent…
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