sábado, 22 de julho de 2017

Brazil Has Improved, Says Businessman Abilio Diniz After Going Public with Carrefour Retailer

On Thursday (the 20th) businessman Abilio Diniz said that Brazil is doing "much better". According to him, the country is demonstrating signs of economic recovery and he urged other entrepreneurs to "believe in the country".

"We need to love our country more and we must believe in it. We can't just complain all the time. We need to do our part and businessmen have to take responsibility. We need to get the ball rolling and be at the forefront of growth. This country needs to increase its productivity."

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quarta-feira, 24 de fevereiro de 2016

Top Brazilian campaign strategist arrested

Sao Paulo (AFP) - Brazilian President Dilma Rousseff's former campaign strategist, Joao Santana, was arrested Tuesday in Sao Paulo after returning to Brazil to face allegations that he received payments linked to funds from a massive corruption network.

Prosecutors are investigating $7.5 million in payments to Santana in foreign bank accounts.

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segunda-feira, 8 de fevereiro de 2016

Gaming pays off for two teenagers

The mothers of Henrique Dubrugras and Pedro Franceschi aren't worrying any more.

The two Brazilian teenagers used to spend about a third of their day on screens, but for them it has more than paid off. And while there are plenty of internet entrepreneurs that start young, their story stands out.

Now aged 19, they already have a successful start-up, Pagar.me, that employs 30 people and has a multimillion-dollar annual turnover, with scholarships to Stanford University to boot.

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quinta-feira, 28 de janeiro de 2016

Morning Briefing: Chubb CEO blasts Brazil’s leaders

In a surprise political intervention, Evan Greenberg, CEO of Chubb Ltd., slammed the Brazilian government for the country’s economic and political paralysis.

During a conference call Greenberg - just weeks after ACE Ltd’s takeover of Zurich-based Chubb - urged Brazilians to lay the blame for their nation’s misfortunes squarely at the feet of its leaders.

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segunda-feira, 28 de dezembro de 2015

Brazil Economists Raise 2016 Key Rate Estimate for Sixth Week

Brazil analysts lifted their 2016 year-end benchmark interest rate forecast for the sixth consecutive week, as the central bank reaffirms its commitment to slow inflation to target.

Policy makers will increase borrowing costs to 15.25 percent next year, compared to the previous week’s forecast of 14.75 percent, according to the weekly central bank survey of about 100 economists. Analysts expect inflation to reach 6.86 percent at the end of 2016, above the 6.5 percent upper limit of the central bank’s target range.

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segunda-feira, 21 de dezembro de 2015

Behind the Fall of Marcelo Odebrecht, Brazil’s Construction ‘Prince’

RIO DE JANEIRO—Brazilian building magnate Marcelo Odebrecht was a natural choice to deliver a keynote speech at the international business school he had attended in Lausanne, Switzerland. 

As chief executive of Odebrecht SA, he ran Latin America’s largest construction firm with a global portfolio that included the $200 million Miami Heat stadium, a $1 billion port project in Cuba and one of Africa’s largest hydroelectric dams in Angola.

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sábado, 12 de dezembro de 2015

Business Leaders: Ricardo Semler

Who is Ricardo Semler?

Son of Brazilian immigrant entrepreneur Antonio Semler, who founded Semco, Ricardo Semler is a Brazilian and is now the CEO of Semco SA. A Harvard MBA, he joined his father’s company, Semco, and proceeded to completely re-engineer the business, from what it did to how it is run.

He has been named Brazil’s business leader of the year twice, is vice president of the Federation of Industries of Brazil, and is a board member of SOS Atlantic Forest. Today, he is frequently found on the international speaker circuit encouraging other business people to adopt the Semler Way.

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sábado, 5 de dezembro de 2015

Second wave of soccer corruption cases hits Nike allies

It was one of the sports marketing deals of the century.

Nike, the world's most successful athletic footwear company, and Brazil, the world's best soccer team, in 1996 signed a landmark 10-year sponsorship deal.

Putting the Swoosh on the dazzling Brazilian team helped create what has become a $2 billion-a-year business for the Oregon sneaker giant. But it also plunged Nike into a global morass of greed, bribes and dirty backroom deals.

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domingo, 29 de novembro de 2015

BTG shares tumble after CEO arrested

Shares in BTG Pactual, one of Latin America's biggest investment banks, plunged by as much as 19 per cent on Wednesday following the arrest of its chief executive.

Andres Esteves, the Brazilian billionaire who transformed BTG Pactual, was arrested by Brazilian federal police early on Wednesday morning, a spokesperson for the bank confirmed, report Pan Kwan Yuk and John Paul Rathbone.

BTG Pactual clarifies that is available to the authorities to provide all necessary explanations and will cooperate with the investigation.

The Brazilian Supreme Court said Mr Esteves was arrested in relation to the corruption probe at state-owned oil company Petrobras.

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