Automobile and commercial vehicle manufacturer Volkswagen obtained 2.3 billion reais ($425.62 million) in financing from Brazil’s National Bank for Economic and Social Development (BNDES). The package includes credit lines aimed at accelerating the automaker’s development of hybrid vehicles and expanding the export activity of its operations in Brazil. Beyond accelerating Volkswagen’s range of hybrid vehicles,…
Brazil Potash Corp. (AMEX:GRO) revealed on Monday that it has appointed BTIG, LLC as its primary financial advisor. The company has appointed the advisor to secure a project-level capital investment to finance the construction of the project. In particular, BTIG plans to attract new strategic partners to invest at the project level, which will allow…
Recently, the International Energy Agency (IEA) identified Brazil as a key oil producer No Opec responsible for promoting the growth of global production. A strip of oil discoveries prior to world class ultra hunting, the first one made in the Lula field during 2006, is promoting an oil on the high seas. Not only is…
Bogota, Colombia (AP) – droughts have withered in Peru, fires have burned Amazon and Hydroelectric dams in Ecuador have struggled to keep the lights on as dry rivers. Scientists say that the cause can be well above the tropical jungle, where invisible “flying rivers” carry the rain of the Atlantic Ocean in South America. A…
By Gabriel Araujo and Luciana Magalhaes Sao Paulo (Reuters) -Airline Group Abra has decided to finish the conversations about a potential fusion among the Brazilian carrier goal, who controls, and rival of Azul, a presentation of values ​​showed on Thursday night. The measure ends the prospects for the creation of a dominant airline in the…
