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Brazil's CSN Sees Fourth-Quarter Net Profit Fall 61%

2013-03-29 13:46:07| Steel - Topix.net

Brazilian flat-steel maker Companhia Siderurgica Nacional , or CSN, reported Thursday that its profit fell 61% in the fourth quarter from a year earlier, to 316.1 million Brazilian reais .

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Bondholders unlikely to derail Brazil's Grupo Rede takeover plan

2013-03-26 19:47:11| Telecom - Topix.net

Opposition from foreign bondholders is unlikely to stop the takeover of Brazilian power holding company Grupo Rede Energia SA by two rivals, several sources with direct knowledge of the situation told Reuters.

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The challenge of putting Brazils forests in good hands

2013-02-28 06:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: People often associate Brazil with its forests. Its no wonder given that nearly 60% of the countrys territory is covered by forest and it holds about one-third of the worlds remaining tropical rainforests. You might assume that a country like this would care about educating people to sustainably manage this precious heritage. Well, youd be wrong! It is important to recall that Brazil has overcome decades of military intervention that framed the Amazon colonization in sovereignty terms, preaching...

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Brazil's behemoth oil fields let the bidding begin

2013-02-26 01:00:00| Offshore Technology

Brazil's long-awaited 11th round of oil exploration auctions - the first since 2008 - is set to grip the industry in 2013. Dr Gareth Evans reports on the expectations surrounding the latest round of bids, which are set to attract interest from both m

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Brazil's Oi TV ends 2012 with 757,000 subscribers, up 116% YoY

2013-02-18 22:55:20| Digital TV News

Oi S.A. has disclosed its results for the 4th quarter and year of 2012. The Pay TV segment recorded another quarter of strong growth, adding 153 thousand customers in the quarter (+25.3%) and 406 thousand in the year (+115.7%) to 757 thousand customers.

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