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Brazil Inflation, Below Target, Pressures Rousseff & Central Bank

2014-12-05 18:36:37| Steel - Topix.net

Inflation data released Friday show annual inflation fell in November, but remains below targets and underscores the need for Brazil's central bank to raise interest rates. Brazil stocks are mixed in U.S. trading with the exception of airline GOL Linhas Aereas Inteligentes , which is up 3% as a beneficiary of tumbling oil prices.

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Brazil to launch new satellite to track deforestation

2014-12-05 12:04:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Brazil will launch a satellite from China Sunday to keep an eye in the sky on deforestation in the Amazon, the National Space Agency (Inpe) said Thursday. An agency spokesman said the launch of the Cbers-4 satellite was scheduled for 0326 GMT December from Tayuan, China, about 750 kilometers (460 miles) southwest of Beijing. Brazil and China will share the $30 million cost of sending the two-ton satellite into a 778-kilometer high orbit, the spokesman added.Both countries participated in the development...

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Bridgestone installs new COO in Europe, prez in Brazil

2014-12-04 18:11:56| Industrial Machines - Topix.net

Bridgestone Corp. has appointed Yves Kerstens as the chief operating officer of its European division , based in Zaventem, Belgium. Mr. Kerstens, 48, joined the company in 2005 as vice president of supply chain management and IT before moving into other roles, including that of chief administrative officer and managing director of the tire maker's commercial business unit.

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Claims of widespread graft in Brazil

2014-12-03 12:10:44| BBC News | Business | UK Edition

An ex-Petrobras executive at the centre of a huge scandal involving Brazil's state oil company says corruption is widespread in the country.

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Drought in US and Brazil Linked to Hottest Year Ever

2014-12-03 08:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Drought in California and Brazil, the U.K.s wettest winter and floods in the Balkans are among the extreme weather patterns that marked whats on track to be the hottest year ever recorded. Temperatures this year are on course for their highest globally since records began, with oceans bearing the brunt of the heat and the U.S. and Canada spared the worst, according to the World Meteorological Organization. More and more people around the world are confronted with catastrophic climate change,...

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