Mar 05, 2015 at 16:14 | Source: CNBC
Brazilian monetary officials hiked interest rates to a six-year high on Wednesday to combat inflation and stem declines in the real, but economists say the move only tips the country closer to recession.
Mar 02, 2015 at 19:32 | Source: PTI
Uruguay aims to increase its energy from renewables in its total primary consumption to 50 per cent by 2015 as compared to about 40 percent in 2012. The 65.1 MW project will light up 20,300 households in Uruguay with clean energy.
Mar 01, 2015 at 17:58 | Source: PTI
The BEPS initiative aims to ensure that taxes are paid where profits are made. Multinational companies use a wide range of cross border tax planning techniques that result in little or tax liability and such results are referred to as 'Base Erosion and Profit Shifting'.
Feb 27, 2015 at 17:56 | Source: PTI
Global economic outlook appears to be "most favourable" since the 2008 financial meltdown and is likely to improve further on the back of plummeting crude oil prices coupled with sharp recovery in the US economy, says the Economic Survey 2014-15.
Feb 25, 2015 at 12:55 | Source: Moneycontrol.com
Shares of Steel Strips Wheels (SSWL) climbed 8.9 percent intraday Wednesday on getting export order from Renault Brazil.
Feb 25, 2015 at 12:12 | Source: Moneycontrol.com
Steel Strips Wheels (SSWL) has bagged an export order from Renault Brazil. The order value is worth Euro 5.8 million for a total supply of 7,60,000 wheels.
Feb 24, 2015 at 18:10 | Source: Reuters
After months of indecision, India last week decided to give mills a subsidy of 4,000 rupees (USD 64) a tonne for exports of up to 1.4 million tonnes of raw sugar to help cut stockpiles after five years of surplus output.
Feb 24, 2015 at 13:55 | Source: Moneycontrol.com
Suzlon Group has successfully completed installing and commissioning of over 350 MW wing energy in Brazil over a period of 16 months ending Nov 2014 with bulk of 309 MW being added in CY 2014.
Feb 24, 2015 at 09:08 | Source: PTI
The unexpected decision follows the recalls of more 6.2 million Honda vehicles in the US and millions of others elsewhere equipped with air bags made by Japan's Takata Corp.
Feb 13, 2015 at 12:48 | Source: Reuters
The company also said it is close to securing a manufacturing partner in Brazil, which will help it skirt punishing tariffs on imported electronics when it begins sales in Latin America's largest economy in the first half of this year.