Brazil´s ex-president, Mr. da Silva imprisoned for corruption

On July 12, 2017, Luiz Inácio Lula da Silva or "Lula", a well-known Brazilian ex-president from 2003 to 2010, was imprisoned for a bribery and misuse of the country´s financial resources. Lula´s will remain...

FinTechs enter Brazilian Loan Market

A loan market in Brazil has been undergoing positive changes since FinTechs companies offered to their customers a convenient solution - to provide loans with decreased interest rates for the retail and mid-sized firms. Based...

Apple Data Center is coming to Denmark

Apple Inc has recently announced its plans to invest 6bn DKK in a data center in Aabenraa, Denmark. The town is situated in Viborg area in southern Jutland and together with Facebook Inc, it...

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...

L’Oreal set to sell The Body Shop to Brazil’s Natura in $1.1 billion deal

French cosmetics and luxury goods group L'Oreal (OREP.PA) has started exclusive talks to sell The Body Shop business to Brazilian make-up company Natura Cosmeticos (NATU3.SA) in a possible 1 billion euros ($1.1 billion) deal. Earlier...

Denmark-based Advantage Media partners with White Rivers Media in India

Denmark-based Advantage Media ventures into the Indian Market through a collaboration with White Rivers Media, to bring their proprietary Remarketing Tool to the country. White Rivers Media will be the exclusive representative of this...

Brazil is wide open to business with post-Brexit Britain

It is a curious piece of sports trivia that the first match ever played by the Brazilian national football team, which took place in my home city of Rio de Janeiro in 1914, was against...

Denmark announces investment in international green partnerships

40 years of experience with sustainable energy puts Denmark in an ideal position to help the four countries with their conversions to green energy, the Ministry of Foreign Affairs said in a statement. Partnerships starting...

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...

Arab Gulf States to expand economic ties with commodity-rich Latin America

Arab Gulf states are taking steps to expand economic ties with Latin America, a major exporter of food and commodities, but a dearth of free trade agreements between the two regions and onerous bureaucratic...

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