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BUSINESS

With U.S. pullback, China pursues further foothold in Latin American business

Venezuela may be in a meltdown, Brazil consumed by corruption scandals and Argentina fresh out of a recession. But for China, whose investments in...

Statoil bets big on Brazil, aims to triple production by 2030

Statoil will more than triple its production in Brazil by becoming the sole operator of the Carcara discovery, according to the Norwegian company’s local...

ECONOMY

Brazil: the new insurance giant in Latin America

A low insurance penetration rate, large market and growing middle class bring new opportunities for insurers investing in the Brazilian market. The development of...

BNDES CEO Says Brazilian Recession ‘is over’

On June 5th Paulo Rebello de Castro, CEO of the National Bank of Economic and Social Development of Brazil (BNDES), claimed that the recession...

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