As one of the world’s largest energy producing countries, many US companies have subsidiaries in Brazil, which are subject to the Foreign Corrupt Practices Act (FCPA). Most of these companies have translated versions of the US FCPA compliance program. Such translations often disregard the size, nature, and particularities of Brazilian business, as well as the local risks and legal requirements pertaining to the Brazilian subsidiaries. Although these programs add value to companies, provide more security to investors and avoid reputational damage, aside from other benefits, they are mostly implemented by Brazilian subsidiaries of American companies subject to the FCPA. It is unusual to find a Brazilian company not subject to the FCPA that has a compliance program in place...
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Coaching Rugby sounds more like business than sports!
Was the last World Cup Business or Sport for South Africa? Were the South African legacy investments successful?
Where is Brazil now regarding the World Cup? Are there real investments coming other than stadium construction?
Are Brazilian taxes, complexity and high tax rates, barriers to investment?
Business outlook for Brazil over the next five years? With or without a Crisis?
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By: C. Novak
Latin Daily Financial News
The good economic phase and positive visibility consolidated over recent years positioned Brazil in foreign markets. The country that has always been remembered for its stunning scenery is now the main destination of Latin America when it comes to business tourism.
|ZTE announces factory in Hortolandia|
|Tododia - Fri, March 25, 2011|
The multinational company ZTE Corporation, which manufactures equipment for
cellular and wireless Internet, today announced the establishment of a factory
in Hortolandia. The deployment of the unit serves as a decision by the federal
government requires that products manufactured in the country for developing
the National Broadband Plan.
The investment and number of direct jobs generated by the project should be
released today at an event that will be attended by the Minister of Science and
Technology, Mercadante and Mayor Angelo Perugini (PT). The company already
has local production of modems to access the Internet through the manufacturer
Flextronics, also in the region of Campinas.
92% of Global Employees Performance at Risk Due to Poor Business English Skills
Recent Survey of Global Employees Representing 3,500 Top Multinational Corporations in 152 Countries Shows a Widening Gap between Business English Proficiency and Organizational Requirements
Suzlon Energy, through its overseas arm Suzlon Energia Eolica do Brasil, has secured an order from Martifer Renovaveis, an industrial group, to set up, operate and maintain a 218MW wind power project across the Brazilian states of Ceara and Rio Grande do Norte.
The company will deliver 104 units of its S88-2.1MW wind turbine for the project, which is scheduled to be commissioned in phases by June 2012.
Iberdrola SA agreed to buy Brazil’s Elektro Eletricidade e Servicos SA for 1.77 billion euros ($2.38 billion), gaining power distribution in an economy expanding at the fastest pace in more than two decades.
Spain’s biggest utility will own 99.68 percent of Elektro, which supplies electricity in Brazil’s most populous state of Sao Paulo, the Bilbao-based company said yesterday. The assets were sold by Ashmore Energy International Ltd...
Consumer credit has shot up fivefold since the end of 2002. Now Brazil's leaders are moving to head off subprime-style crisis...
Tom Reaoch , Talk 2 Brazil Podcast Host interviews Marcelo Knobel. Rector - Universidade Estadual de Campinas (Unicamp). Marcelo Kn...
Talk 2 Brazil Podcast - The Business Connection Today’s guest is Nathalia Santos , Partner at OurCrowd Brazil , Nathalia has been ...
Talk 2 Brazil Podcast - The Business Connection Today’s guest is Amanda Neves , talking to us today from Campinas Brazil. Amanda was ...
Talk 2 Brazil Podcast - The Business Connection Today’s guest is: Marco Linhares , Founder & CEO VOIX, "The Game to Fight ...