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 information and communication technology in the country is also brightening...

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 Latin America top $100 billion, it’s just business as usual. Largely...
Statoil

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 subsidiary. “We expect (Statoil's) equity production to more than triple in...

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 in the country has ended. He made the statement during...

The Legal Future of Cryptocurrencies in Brazil

Living in Brazil over the last four years has been an experience of watching a real and live – and even more interesting, some would say – version of TV's "House of Cards". The still...

Sony remains optimistic about Brazil

Sony has reiterated its confidence in Brazil at the launch of its product range for 2017 for the local market in São Paulo yesterday. With consumer items ranging from OLED 4k televisions to professional cameras,...

Brazil’s Independent Oil Companies Target Growth With Upcoming Auctions

As Petrobras shrinks its global E&P activities with farm-outs and asset sales, other oil majors such as Total, Statoil and BP have extended their presence in the country. But smaller operators are also looking...

Over 47 Gigawatts Of New Wind Capacity To Be Installed In Latin America Over...

Over 4.3 gigawatts (GW) of new wind capacity was commissioned over the past year, according to MAKE Consulting’s 2017 Latin America Wind Power Outlook, published this week, but political and economic instability in the region’s...

Nestle to Create 2,900 Jobs in Latin America With New Factories

The maker of Kit Kat chocolate bars and Nespresso coffee is working with government officials in the four countries that are members of the Pacific Alliance trade group -- Chile, Mexico, Peru and Colombia...

SAP eyes further growth in Brazil

SAP Brazil appears largely unharmed by the country's recession as it becomes more attractive to clients from the small and medium enterprise (SME) segment and prepares to woo local customers with Leonardo, its treasure...

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