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business Brazil English News Blog; April, 2007 Archive; Brazil English News Blog

Embraer's profits slide 12% for 2006 year

By Alain at 04/02/07 10:52

Sharply hit by the weakness of the dollar, Embraer the Brazilian aircraft manufacturer, reported that 2006 profits had slid by 12 percent for the year.

Read more: Embraer's profits slide 12% for 2006 year [click]

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Leading brewer to buy local beer company

By Alain at 04/02/07 10:43
Brazil's leading brewer announced that it would buy local beer company Cintra for $150 million. AmBev already owns close to 70 percent of the country's beer market.

Read more: Leading brewer to buy local beer company [click]

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