GM Workers at Brazil Plant Strike to Protest Layoffs
producing 19 vehicles an hour, rather than its full capacity of 38 vehicles an hour, GM's director of institutional relations, Luiz Moan, told Dow Jones Newswires. He declined to say how many vehicles overall the strike will affect. The union, however
Hamid sees red as Houston rolls over United
inside the right post. Davis nearly beat Willis again a few minutes later but the goalkeeper tipped the shot off the crossbar. Luiz Camargo set up the second goal, which arrived in the 37th minute, when he got to the end line and pulled the ball back for
Union Says Brazil's GM Preparing For Layoffs
for cars made there (in the Sao Jose dos Campos plant) and so we are looking to realign the number of people there," said Luiz Moan, director of institutional affairs at GM Brazil unit. According to the union, 1,500 workers currently work on the assembly
Brazil's Eike Batista Reshuffles Oil Firm, Shipyard Management
expectations. OSX, which largely builds oil platforms for OGX, saw its shares fall 12% on Wednesday and 11% on Thursday. Luiz Eduardo Guimaraes Carneiro will take over as chief executive at OGX, leaving his current position as the head of the EBX Group's
Embraer, Boeing to Work Together on KC 390 Transport Plane
develop its KC 390 transport plane. Boeing will share its market and technical knowledge with Embraer to develop the plane, said Luiz Carlos Aguiar, chief executive of Embraer's defense unit. The announcement furthers the links between the two companies
Brazil's Bradesco Bank Reduces Forecast for 2012 Loan Growth
statement Tuesday. The reduced forecast was expected. In an interview with Dow Jones Newswires on June 19, Bradesco President Luiz Carlos Trabuco Cappi said a reduction "to around 15%" was likely within a few days. He said the reduction was likely because
Embraer, Boeing to Work Together on Transport Plane
quality and technology-transfer proposals. "This is a collaboration, with both sides bringing resources to the table," said Luiz Carlos Aguiar, chief executive of Embraer's defense unit. Boeing "isn't taking a stake (in Embraer). We're talking