Midas Medici Group Holdings Inc., an innovative green IT company in the fields of virtualization, cloud computing and data management, announced that its CIMCORP brand has been awarded a $1.3 million contract from the Military Police of Sao Paulo, Brazil. CIMCORP will be upgrading the Military Police’s server infrastructure and enhancing its virtualization environment.
The project [...]

TNK-Brasil (a 100% subsidiary of TNK-BP Group) announced Monday that it has signed a farm-in and a joint operating agreement (JOA) with the Brazilian company HRT O&G. Through the deal TNK-Brasil will acquire a 45% stake in the Solimoes Basin project in Brazil.
The 21 oil and gas exploration blocks, majority owned and operated by HRT [...]

The Open Group has extended its global reach to include its first office in South America. The Open Group’s new office in Sao Paulo, Brazil and presence in the region will allow IT professionals throughout South America to more easily participate in the consortium’s development of vendor-neutral IT open standards and certification programs.
The Open Group’s [...]

MZ – IR Services, the world’s leading independent provider of investor relations consulting, services and technology, announced Thursday the launch of the Stock Surveillance Monitor (SSM).
This new user-friendly and web-accessible technological platform allows companies to monitor the composition of investment fund portfolios on a daily basis, and analyze the main factors influencing the trading of [...]

MZ Group and Brazil’s MVL Communications Thursday announced the merger of their operations. MVL is a Brazilian leader in organizational communications, crisis management and solutions for dialogue between people and brands in classic and digital media. The transaction will be concluded this December following due diligence from both parties.
MZ Group is a multinational company and [...]

Boeing, Embraer and the Sao Paulo State Research Foundation (FAPESP) Wednesday announced plans to collaborate on long-term aviation biofuels-related research and development.
The undertaking marks another major step toward the creation of a sustainable aviation biofuels industry in Brazil. Azul, GOL, TAM and Trip airlines will be strategic advisors in the program.
Under the partnership, Boeing, Embraer [...]

China Automotive Systems Inc (CAAS), a leading power steering components and systems supplier in China, Monday announced that its Board of Directors has approved the formation of a joint venture in Brazil to target the largest automotive market in South America.
According to a company release, the new joint venture, which will be 80% owned by [...]

Foreign direct investment in Brazil reached 50.4 billion dollars between January and September this year, the highest number ever recorded in Brazilian history.
The result of the first nine months of 2011 represents an increase of 123% over the same period last year. Investment between January and September 2010 reached 22.55 billion dollars. The total FDI [...]

Brazil was elected on October 24 for a term of three years (2012-2014) in the Economic and Social Council of the United Nations(ECOSOC). The country received 186 of the 191 possible votes.
The Council, composed of 54 members, is one of the main UN bodies. Among other functions, ECOSOC monitors the implementation of the Millennium Development [...]

On the occasion of the visit to Brasilia of the Ukrainian President, Viktor Yanukovych, President Dilma Rousseff celebrated the 120 years of Ukrainian immigration to Brazil. There are presently about 500 thousand descendants of Ukrainian immigrants in Brazil, the third largest community in the world.
The agenda of the meeting between Presidents Rousseff and Yanukovych included [...]