Uber CEO says company’s future in Brazil in the balance

The chief executive of Uber Technologies Inc, Dara Khosrowshahi, said on Tuesday that his company’s future in Brazil depends on government decisions, as the Brazilian Senate prepared to vote on regulating car hailing apps. “It depends on the decisions of the government,” Khosrowshahi told reporters when asked whether Uber would leave Brazil if the bill […]

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World Trade Organisation, WTO

Nigeria, EU, others announce progress on investment facilitation initiatives

Nigeria, Brazil, China, the European Union (EU) and other leading economic powers announced that they have made tremendous progress on investment facilitation initiative for development. The group made this known in Marrakech, Morocco, during the World Trade Organisation (WTO) Mini-Ministerial meeting. In a breakthrough for Nigeria, the group of World Trade Organisation (WTO) Friends of […]

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PTDF sends 17 Nigerian scholars to Brazil

The first set of Nigerian scholars to benefit from the partnership between the Petroleum Technology Development Fund and the University of Sao Paulo Brazil, have travelled out of the country to commence studies in petroleum engineering and other related courses in Brazil. According to the PTDF, the 17 scholars include eight doctorate and nine master’s […]

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Brazil’s economy dips 3.6% in 2016 in historic recession

Brazil’s economy has fallen sharply for a second consecutive year, putting Latin America’s largest country in its deepest recession in modern history. The country’s statistics agency said on Tuesday that Brazil’s gross domestic product shrank 3.6 percent in 2016 following a dip of 3.8 percent in 2015. Brazil’s deepest recession had been registered in 1930-1931, […]

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71 dead as Plane taking Brazilian soccer team to cup final crash

A plane taking Brazilian soccer team Chapecoense to a South American cup final crashed in Colombia after reporting an electrical fault, killing 71 people, including most of the team and accompanying journalists. The plane slammed into a mountainside near Medellin on Monday night as the team flew to face Atletico Nacional for the Copa Sudamericana, […]

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Google says its engineers working with UNICEF to map Zika

GOOGLE engineers are working with U.N. child agency UNICEF to analyse data in an effort to map and anticipate the spread of the Zika virus, linked to birth defects among children in Brazil, the company said on Thursday. According to Reuters, Google, a unit of Alphabet Inc, said in a statement it was providing a […]

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Brazil, Texas state hospital to rapport on Zika vaccine

(AP) BRAZIL has signed an agreement with a Texas research hospital to develop a vaccine against the Zika virus, the country’s health minister said Thursday, adding the goal is for the vaccine to be ready for clinical testing within 12 months. Minister Marcelo Castro said at a news conference that the government will invest $1.9 […]

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