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Latest Economy of South America Stories

2014-05-08 12:23:29

SAO PAULO, May 8, 2014 /PRNewswire/ -- BRASKEM S.A. (BM&FBOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) announces today its results for 1Q14. HIGHLIGHTS: -- Braskem's resin sales were 901 kton, virtually stable in relation to 4Q13. Compared to 1Q13, resins demand expanded 3%, while the Company's sales decreased 2%. -- In 1Q14 the capacity utilization rate of Braskem's crackers stood at 85% and was affected by the scheduled maintenance...

2014-04-29 08:42:58

RIO DE JANEIRO, 29 de abil de 2014 /PRNewswire/ -- Oi S.A. ("Oi", BM&FBOVESPA: OIBR3 and OIBR4; NYSE: OIBR and OIBR.C) hereby announces to its shareholders and the market in general that it has priced its global offering of 2,142,279,524 common shares, including 396,589,982 common shares in the form of American Depositary Shares ("ADSs") and 4,284,559,049 preferred shares, including 828,881,795 preferred shares in the form of ADSs (not including the exercise of the International...

2014-04-23 08:24:38

TORONTO, April 23, 2014 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) (BOVESPA: PREB) announced today that members of its Executive Committee met on April 22 with members of Ecopetrol, S.A. ("Ecopetrol") Business Committee to review the current status of the Pilot Project employing the STAR Technology in the Quifa Block. As a result of the meeting, the top management of both companies asked that the technical teams complete an exchange of all the available...

2014-02-28 08:22:07

SAO PAULO, Feb. 28, 2014 /PRNewswire/ -- CSN - Companhia Siderurgica Nacional (BM&FBOVESPA: CSNA3) (NYSE: SID) announces its results for the 4Q13 and 2013: -- Net revenue totaled a record R$17.3 billion in 2013, 14% up on the previous year. Fourth-quarter net revenue increased by 6% over 3Q13 to R$4.9 billion, another new record. -- Annual net revenue from steel operations totaled R$12.4 billion in 2013, also a record, 15% up on 2012; -- Total...

2014-02-21 08:22:39

2013 Highlights PORTO ALEGRE, Brazil, Feb. 21, 2014 /PRNewswire/ -- In 2013, with shipments of 18.5 million metric tons, consolidated net sales came to R$ 39.9 billion, increasing 5.0% in relation to 2012, with growth in all business operations. Consolidated EBITDA was R$ 4.8 billion, increasing 14.6% from 2012, with the improvement in EBITDA in the year explained by the performance of the operations in Brazil and Latin America. As a result, consolidated EBITDA margin expanded from...

2014-02-11 20:23:02

TORONTO, Feb. 11, 2014 /PRNewswire/ - Pacific Rubiales Energy Corp. (TSX:PRE) (BVC:PREC) (BOVESPA:PREB) announced today that it has established a pre-defined automatic securities purchase plan (the "Plan") with its designated broker to facilitate the repurchase of its common shares under the previously announced normal course issuer bid (the "Bid"). The Plan has been reviewed by the Toronto Stock Exchange (the "TSX") and will be implemented effective Friday February 14, 2014. Under...

2013-12-05 23:26:42

Reportbuyer.com just published a new market research report: Construction in Brazil – Key Trends and Opportunities to 2017. London (PRWEB) December 05, 2013 Synopsis This report provides detailed market analysis, information and insights into the Brazilian construction market, including: -The Brazilian construction market’s growth prospects by sector, project type and type of construction activity -Analysis of equipment, material and service costs across each project type within...


Word of the Day
bibliopole
  • A bookseller; now, especially, a dealer in rare and curious books.
This word comes from a Greek phrase meaning 'book seller.'
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