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Tag: brazil
When It Comes To Real Estate Bubbles, China's Got Nothing On Brazil
2014-01-19 08:07:27| Real Estate - Topix.net
A vida boa. For years, Brazilians have been dreaming of the "American Dream": home ownership.
Bunge to close soy processing plant in southern Brazil
2014-01-17 15:45:14| Agriculture - Topix.net
Bunge Brasil, a subsidiary of U.S. based Bunge Ltd, said it is closing a soy processing plant in southern Rio Grande do Sul state this week, saying Brazil's tax structure favors the export of raw soybeans.
Tags: close
processing
brazil
southern
BRAZIL: Cotton farmers threaten trade retaliation
2014-01-17 14:59:00| Daily apparel & textile news and comment - from just-style.com
The National Cotton Council has expressed its disappointment over reported comments made by Brazilian cotton producers that a new US farm bill is unlikely to address their concerns and that "retaliation" could be the only option.
Tags: trade
brazil
cotton
farmers
Telecom Italia independent directors to vet any Brazil sale
2014-01-17 13:13:06| Telecom - Topix.net
Wireless carrier TIM Brazil is Telecom Italia's main source of growth but has become the focus of a shareholder dispute over how the Italian telecoms group should cut debt and fund much-needed domestic investment.
Tags: sale
independent
italia
brazil
Telecom Italia to set up committee to evaluate Brazil sale
2014-01-17 09:32:00| Telecompaper Headlines
(Telecompaper) Telecom Italia announced its intention to put in place controls to vet eventual deals involving TIM Brasil, specifying that there is no current bid for the company's prized Brazilian unit or any plans to sell it. The controls would take the form of an "ad hoc procedure, in line with that for operations with related parties", said the company in a statement following a board meeting held on 16 January. Directors also decided to set up a group to evaluate changes to the company's bylaws, and said that both the Brazilian issue and governance matters will be further discussed at another board meeting on 06 February. The main outcome of the meeting is that any possible future sale of TIM Brasil could need approval at a special shareholders' meeting where Telefonica, if identified as a related party, would be left out of the vote. However, such a review by independent directors could shield Telecom Italia from accusations of conflict of interest. Telefonica currently controls Telecom Italia together with three Italian partners via a 22.4 percent stake held in investment vehicle Telco. Sources close to the matter have said Telefonica is looking to break up TIM Brasil and divide its assets between itself and the other two mobile operators in Brazil to circumvent antitrust issues.
Tags: set
sale
italia
committee
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