Economy Archives - Page 103 of 111

the Mercosur Common External Tariff (TEC)

Trade Regulations Jun, 06, 2019 0

Brazil and Argentina discuss lowering of Mercosur external tariff

Brazil and Argentina have begun discussing a reduction in the Mercosur Common External Tariff (TEC). Currently, Mercosur – formed by Argentina, Brazil, Paraguay, and Uruguay – levies average tariffs of…

Automotive Jun, 06, 2019 0

Fiat gives up on merger with Renault

Fiat Chrysler Automobiles (FCA) has withdrawn its proposed merger with Renault. If it had gone through, the merger would have resulted in the world’s third-largest automaker. The deal, worth US$…

Grains Jun, 06, 2019 0

US imports corn from Brazil

On June 3, DatamarNews reported that Brazilian corn exports might hit record highs this year due to two factors: a historic delay in corn planting in the US, the world’s…

Coffee Jun, 05, 2019 0

Brazilian Coffee Exports Up 123% in May

According to the Foreign Trade Secretariat (Secex), Brazil’s coffee bean exports reached 3.157m 60-kg bags in May, representing an increase of 123.3 % compared to the same month last…

Economy Jun, 05, 2019 0

Negotiations progress towards BRF-Marfrig merger

BRF and Marfrig have begun official merger talks. There will be 90 days of negotiations and according to sources close to both companies, issues being discussed include the release…

Economy Jun, 03, 2019 0

Brazil set to produce record corn crop

Brazil’s corn exports are set to reach record highs this year, driven by two factors: an unprecedented delay in corn planting in the US, the world’s largest producer, and exporter,…

May, 31, 2019 0

GDP falls 0.2% in the first quarter of 2019

According to the Brazilian Institute of Geography and Statistics (IBGE), Brazilian Gross Domestic Product (GDP) fell by 0.2% in the first quarter of 2019 in relation to the fourth quarter…

Meat May, 31, 2019 0

BRF studies possible merger with Marfrig

BRF signed a memorandum of understanding with Marfrig on Thursday (May 30) for the two companies to evaluate the possibility of combining their businesses. If successful, the merger will…

Grains May, 30, 2019 0

Soybean prices are the best this year in some areas

According to information from AgRural this Thursday (30 May), soybean prices are the best so far this year in some areas of Brazil. According to the company, some factors can…

Economy May, 30, 2019 0

Strike suspends grain exports in Argentina

A national strike in Argentina on Wednesday, May 29, halted work in the country’s main grain ports, as well as bringing airports to a standstill. The strike, called by the…