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Botafogo Station
Botafogo Station ( pt, Estação Botafogo; previously Botafogo/Coca-Cola Station) is a subway station on the Rio de Janeiro Metro that serves the neighbourhood of Botafogo in the South Zone of Rio de Janeiro. The station was renamed on 1 January 2021, from Botafogo Station to Botafogo/Coca-Cola Station, after a naming rights purchase by the Brazilian branch of The Coca-Cola Company. Due to the COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified ..., Metrô Rio had been operating at a loss – in July 2020, the passenger flow was just 57% of what it had been in the same period pre-pandemic, and the accumulated deficit was already at R$ 150 million. The station's naming rights sale was used as an alternate mean to generate revenue, and it was chosen for the purchase du ...
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Line 1 (Rio De Janeiro)
Line 1 of the Rio de Janeiro Metro The Rio de Janeiro Metro ( pt, MetrôRio, ), commonly referred to as just the ''Metrô'' () is a rapid transit network that serves the city of Rio de Janeiro, Brazil. The Metrô was inaugurated on 5 March 1979, and consisted of five stations op ... serves the city's downtown business centre, the tourist areas in the city's South Zone, and several neighbourhoods in the North Zone. It is a semi-circular line, and is fully underground. It runs from Uruguai to General Osório. It is the original line of the Rio de Janeiro Metro system and it was constructed from June 1970 to March 1979 (with a hiatus between 1971 and 1974 due to lack of funds). History of Line 1 In 1979, the line began operations with 5 stations: Praça Onze, Central, Presidente Vargas, Cinelandia, and Gloria. In 1980, the stations Estácio and Uruguaiana were added. The following year (in 1981), the Botafogo, Flamengo, and Largo do Machado stations opened. In 1982, the lin ...
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Line 2 (Rio De Janeiro)
Line 2 of the Rio de Janeiro Metro The Rio de Janeiro Metro ( pt, MetrôRio, ), commonly referred to as just the ''Metrô'' () is a rapid transit network that serves the city of Rio de Janeiro, Brazil. The Metrô was inaugurated on 5 March 1979, and consisted of five stations op ... serves working-class residential neighborhoods extending toward the north. It is a diagonal line, and almost completely over ground (mostly at graded and partly elevated). This line started as a light rail, but for increasing commuters, it gradually changed to metro. Due to its origin as light rail, it is at-grade except for Estácio station, although Cidade Nova station will be elevated. External linksMap of Line 2 Rio de Janeiro Metro Rio de Janeiro - Line 2 {{SouthAm-metro-stub ...
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Rio De Janeiro Metro
The Rio de Janeiro Metro ( pt, MetrôRio, ), commonly referred to as just the ''Metrô'' () is a rapid transit network that serves the city of Rio de Janeiro, Brazil. The Metrô was inaugurated on 5 March 1979, and consisted of five stations operating on a single line. The system currently covers a total of , serving 41 stations, divided into three lines: Line 1 (); Line 2 (), which together travel over a shared stretch of line that covers 10 stations of an approximate distance of 5 kilometers; and Line 4 (). Metrô Rio has the second highest passenger volume of the metro systems in Brazil, after the São Paulo Metro. Line 1 (orange line) serves downtown Rio, tourist areas in the South Zone, and several neighbourhoods in the North Zone. It is a semicircular line, and is fully underground. It runs from Uruguai Station to Ipanema/General Osório Station. Line 2 (green line) serves working-class residential neighborhoods extending toward the north. It is a northwest-to-southeas ...
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Botafogo
Botafogo (local/standard alternative Brazilian Portuguese pronunciation: ) is a beachfront neighborhood (''bairro'') in Rio de Janeiro, Brazil. It is a mostly upper middle class and small commerce community, and is located between the hills of Mundo Novo, Dona Marta (which separates it from Laranjeiras) and São João (which separates it from Copacabana). The word Botafogo also refers to a Latin American ballroom dance move, named so because the area of Botafogo is where it originated. Etymology Botafogo was named after João Pereira de Sousa Botafogo (1540–1627), who was responsible for the galleon ''Botafogo'''s artillery. Because of that, he received the nickname "Botafogo" and included it in his family name. When he went to live in Brazil, the Portuguese Crown granted him the land known today as Botafogo. The name literally means "set it on fire" in Portuguese (a reference to the ''Botafogo'' galleon's artillery power). In the mid-19th century, English language spea ...
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Rio De Janeiro
Rio de Janeiro ( , , ; literally 'River of January'), or simply Rio, is the capital of the Rio de Janeiro (state), state of the same name, Brazil's List of Brazilian states by population, third-most populous state, and the List of largest cities in Brazil, second-most populous city in Brazil, after São Paulo. Listed by the Globalization and World Cities Research Network, GaWC as a global city, beta global city, Rio de Janeiro is the Largest cities in the Americas, sixth-most populous city in the Americas. Part of the city has been designated as a World Heritage Site, named "Rio de Janeiro: Carioca Landscapes between the Mountain and the Sea", on 1 July 2012 as a Cultural Landscape. Founded in 1565 by the Portuguese people, Portuguese, the city was initially the seat of the Captaincies of the Portuguese Empire, Captaincy of Rio de Janeiro, a domain of the Portuguese Empire. In 1763, it became the capital of the State of Brazil, a List of states of the Portuguese Empire, state o ...
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G1 (website)
G1, stylized as g1, is a Brazilian news portal maintained by Grupo Globo and under the guidance of Central Globo de Jornalismo. It was released on September 18, 2006, the year Rede Globo was 41 years old. The portal provides the journalism content of the various companies of the Grupo Globo – TV Globo, Globo News, Radios CBN and Globo, newspapers O Globo, Extra, Expresso and Valor Econômico, Época and Globo Rural magazines, among others - besides own reports in format of text, photos, audio and video. In addition to five editorial offices in the Rio de Janeiro, São Paulo, Brasilia, Belo Horizonte and Recife, affiliates of Rede Globo, newspapers, magazines, radio stations and news agencies Agência Estado, Agence France Presse, Associated Press, EFE, The New York Times, Lusa and Reuters feed the news portal, which is updated 24 hours a day. The portal stands out for its multimedia content, taking advantage of the internet's advantages over traditional means of co ...
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Naming Rights
Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of time. For properties such as multi-purpose arenas, performing arts venues, or sports fields, the term ranges from three to 20 years. Longer terms are more common for higher profile venues such as professional sports facilities. The distinctive characteristic for this type of naming rights is that the buyer gets a marketing property to promote products and services, promote customer retention and/or increase market share. There are several forms of corporate sponsored names. For example, a ''presenting sponsor'' attaches the name of the corporation or brand at the end (or, sometimes, beginning) of a generic, usually traditional, name (e.g. Mall of America Field at Hubert H. Humphrey Metrodome); or, a ''title sponsor'' replaces the origin ...
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The Coca-Cola Company
The Coca-Cola Company is an American multinational beverage corporation founded in 1892, best known as the producer of Coca-Cola. The Coca-Cola Company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant. The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as a "healthy tonic". Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. He developed the beverage as a patent medicine in an effort to control his addiction. In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later COVID-19 pandemic by country and territory, worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused COVID-19 pandemic cases, more than cases and COVID-19 pandemic deaths, confirmed deaths, making it one of the deadliest pandemics in history, deadliest in history. COVID-19 symptoms range from Asymptomatic, undetectable to deadly, but most commonly include fever, Nocturnal cough, dry cough, and fatigue. Severe illness is more likely ...
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Retained Earnings
The retained earnings (also known as plowback) of a corporation is the accumulated net income of the corporation that is retained by the corporation at a particular point of time, such as at the end of the reporting period. At the end of that period, the net income (or net loss) at that point is transferred from the Profit and Loss Account to the retained earnings account. If the balance of the retained earnings account is negative it may be called accumulated losses, retained losses or accumulated deficit, or similar terminology. Any part of a credit balance in the account can be capitalised, by the issue of bonus shares, and the balance is available for distribution of dividends to shareholders, and the residue is carried forward into the next period. Some laws, including those of most states in the United States require that dividends be only paid out of the positive balance of the retained earnings account at the time that payment is to be made. This protects creditors from a ...
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Brazilian Real
The Brazilian real (pl. '; sign: R$; code: BRL) is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the cruzeiro real in 1994. As of April 2019, the real was the twentieth most traded currency. History Currencies in use before the current real include: * The '' Portuguese real'' from the 16th to 18th centuries, with 1,000 ''réis'' called the '' milréis''. * The '' old Brazilian real'' from 1747 to 1942, with 1,000 ''réis'' also called the '' milréis''. * The '' first cruzeiro'' from 1942 to 1967, at 1 cruzeiro = 1 ''milréis'' or 1,000 ''réis''. * The '' cruzeiro novo'' from 1967 to 1970, at 1 cruzeiro novo = 1,000 first cruzeiros. From 1970 it was simply called the '' (second) cruzeiro'' and was used until 1986. * The '' cruzado'' from 1986 to 1989, at 1 cruzado = 1,000 second cruzeiros. * The ''cruzado novo'' from 1989 to 1990, at 1 cruzado novo = 1,000 cruz ...
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O Globo
''O Globo'' (, ''The Globe'') is a Brazilian newspaper based in Rio de Janeiro. ''O Globo'' is the most prominent print publication in the Grupo Globo media conglomerate. Founded by journalist Irineu Marinho, owner of ''A Noite'', it was originally intended as a morning daily to extend the newspaper interests of the company. In time, it became the flagship paper of the group. When Irineu died weeks after the founding of the newspaper in 1925, it was inherited by his son Roberto. At age 21, he started working as a trainee reporter for the paper and later became managing editor. Roberto Marinho developed Grupo Globo (the conglomerate of media companies consisting of ''O Globo,'' TV Globo, Rádio Globo, Editora Globo and other subsidiaries) as Brazil's largest media group, entering radio in the 1940s and TV in the 1960s, and picking up other interests. An active supporter of the military dictatorship that lasted from 1964 to 1985 in Brazil, ''O Globo'' is still considered ...
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