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Group 1 to buy 18-store dealership group in Brazil

2013-01-25 03:47:55| Auto Dealers - Topix.net

Volkswagen of America gave a glimpse of its Super Bowl spot today with an online teaser video, and like another of the automaker's ... >> story GM wants small crossover to match Verano's conquest rate; Toyota, BMW seal deal; sun shines on Volkswagen's new crop.

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Pacific Rubiales discovers oil in Kangaroo-1 exploration well, offshore Brazil

2013-01-25 01:00:00| Offshore Technology

Canada-based oil and gas company Pacific Rubiales Energy has announced the discovery of light oil at the Kangaroo-1 exploration well, in block S-M-1101 in the Santos Basin, offshore of Brazil.

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Brazil adds almost 20 mln new mobile lines in 2012

2013-01-21 12:59:00| Telecompaper Headlines

(Telecompaper) Brazil ended 2012 with 261.78 million active mobile lines. In the year 19.54 million new lines were added, equal to growth of 8.07 percent in the subscriber base, according to sector regulator Anatel. The mobile penetration rate stood at 132.78 percent at year-end. In December, 80.53 percent of the lines were prepaid (210.82 million) and 19.47 percent were postpaid (50.96 million). In terms of market share, Vivo continued to lead with 76.1 million customers (29.08% market share), followed by TIM Brasil with 70.3 million (26.87%), Claro Brasil with 65.2 million (24.92%) and Oi with 49.2 million (18.81%).

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Adecoagro secures loan to build Brazil sugar-ethanol plant

2013-01-21 06:50:58| Sugar Industry News

Banco Nacional de Desenvolvimento Economico e Social, Brazil\'s development bank, recently approved a R$488.6 million (179m) loan to Adecoagro SA for the construction of a sugar-ethanol mill.

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Kongsberg to supply offshore vessel simulator to Maersk in Brazil

2013-01-21 01:00:00| Offshore Technology

Norway-based Kongsberg Maritime has been selected to supply offshore vessel simulators for Maersk Training's new centre in Rio de Janeiro, Brazil.

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