The Brazilian heat wave and drought threatening coffee crops and pushing up domestic hydropower prices will ease this week as a cold front approaching the country’s south brings showers, a government forecaster said.
Empresa Brasileira de Aeronautica SA , the world’s fourth-largest planemaker, reported second-quarter profit fell almost 79 percent and boosted its year sales forecast on rising orders and the aviation sector’s improvement.
The unmanned aircraft soaring above Brazil’s Paraiba valley looks like a toy plane. In fact, it is the newest means of monitoring drug and arms traffickers, and the latest result of a military buildup that is attracting companies from Boeing Co. to Odebrecht to Thales SA.
JetBlue Airways Corp. delayed delivery of some Embraer SA jets, the smallest in its fleet, and ordered 35 Airbus SAS aircraft valued at $4 billion as the carrier focuses on larger, more-efficient planes.