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Samsung shuts factories in Brazil, India due to coronavirus

2020-03-25 11:00:00| Telecompaper Headlines

(Telecompaper) The Samsung factory in Manaus (Brazil) has stopped production during the period 24-29 March, as a preventive measure against the coronavirus, reports O Globo. The employees of the factory are on paid leave. Samsung also halted production at its smartphone factory in India, in compliance with the government-imposed lockdown there to stem the spread of the virus. 

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Klöckner Pentaplast completes major pharma capacity expansion in Brazil

2020-03-24 02:52:21| Canadian Plastics Headlines

A new state-of-the-art coating line has increased the company's pharmaceutical packaging film coating capacity for South America by over 30 per cent. The post Klöckner Pentaplast completes major pharma capacity expansion in Brazil appeared first on Canadian Plastics.

Tags: major brazil capacity expansion



2020-03-19 21:21:00| Beef

As the beef industry struggles through falling prices, NCBA CEO Colin Woodall shares the latest about availability of USDA meat inspectors, keeping beef packing plants up and running, and securing emergency aid for cattle producers.

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Report: Oil Market Collapse Could Lop 20% Off Exploration Budgets In Brazil

2020-03-17 21:45:16| OGI

Before oil prices collapsed in the wake of failed OPEC talks earlier this month, Wood Mackenzie had forecast that some $3 billion would be invested in exploration in Brazil.

Tags: in report market oil


Telefonica, TIM plan expansion in Brazil with bid for Oi mobile business

2020-03-11 08:45:00| Telecompaper Headlines

(Telecompaper) Telefonica and TIM have united to make an offer to acquire Brazilian operator Oi's mobile business. The companies said they contacted Oi's advisor Bank of America Merrill Lynch to start the negotiations, and Oi confirmed an approach from unnamed third parties.

Tags: business plan mobile brazil


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