Caterpillar infestations in Brazil's grain belt prompted the agriculture ministry to declare a state of emergency in two producer states.» Read More
RIO DE JANEIRO, Dec. 6- A Brazilian state judge suspended a plan to unify the bankruptcy protection petitions of tycoon Eike Batista's oil producer and shipbuilder, saying the joint petition could hurt the interests of a creditor that opposed the plan.
COSTA DO SAUIPE, Brazil-- Tickets for the final and the opening match of the 2014 World Cup will not be available to fans when a new sales phase opens after Friday's draw in Brazil.
*Coal accounts for 2.3 pct of Vale's revenue, fertiliser for 7 pct. *Coal 25 percent stake could fetch $1 billion- analysts. LONDON, Dec 5- Brazilian miner Vale plans to sell a 15 to 25 percent stake in its coal operations, including projects and mines in Australia and Mozambique, and has had interest from potential partners including coal buyers, it said on Thursday.
*Brazil antitrust watchdog rules against Telefonica. *Telefonica prefers sale of Brazil unit, Fossati against. Telecom Italia's 67 percent stake in TIM Participacoes has become an issue since TIM Brasil's biggest rival, Spain's Telefonica, agreed a deal in September to gradually take over Telecom Italia's controlling shareholder group, Telco.
BRASILIA/ SAO PAULO, Dec 5- Brazil's central bank on Thursday signaled it could slow one of the world's most aggressive monetary tightening cycles, but warned that currency volatility could limit the impact of past interest rate hikes on inflation.
BRASILIA/ SAO PAULO, Dec 5- Brazil's central bank said on Thursday its string of six interest rate hikes have had a lagging effect on inflation, signaling policymakers could be ready to slow one of the world's most aggressive monetary tightening cycles.
BRASILIA, Dec 4- A vote on a bill that would force Internet giants like Google and Facebook to keep Brazilians' information inside the country will be delayed until next year over disagreements about its content, a senior lawmaker told Reuters on Wednesday.
RIO DE JANEIRO-- The new ball for next year's World Cup _ called the "Brazuca," in honor of Brazil, of course _ was unveiled at a ceremony Tuesday in Rio de Janeiro. The ball is decorated with a ribbon design in shades of blue, gold and green, which Adidas says symbolizes the traditional "wish bracelets" worn in Brazil.
SAO PAULO/ RIO DE JANEIRO, Dec 3- OGX Petróleo e Gas Participações SA and its creditors are close to a deal to transform some of OGX's $5.1 billion debt into stock, stripping Brazilian businessman Eike Batista of a controlling stake in the oil company, two sources with direct knowledge of the situation said on Tuesday.
SAO PAULO, Dec 3- Brazil's economy contracted in the third quarter for the first time since early 2009, falling short of expectations yet again as plunging investment and idle factories wiped out what had already been sluggish growth.
CARACAS, Venezuela-- A power outage briefly darkened Venezuela's capital and other parts of the country Monday night in what President Nicolas Maduro said appeared to have been an act of sabotage against his socialist government. Within minutes, people in downtown Caracas could be heard banging on pots in an act of protest.
*EuroSTOXX 50 has strong support around 3,000- Commerzbank. *U.S. investors bet on Europe outperformance-RBC CM. Mexican precious metals miner Fresnillo and Africa- focused miner Randgold were also among the top fallers in Europe, off 3.7 and 3.9 percent respectively.
*EuroSTOXX 50 technical support at 3,060, then 3,000- Commerzbank. LONDON, Dec 3- European stocks edged down to one-week lows on Tuesday, led by miners, after strong U.S. data heightened concern the Federal Reserve will scale back stimulus sooner rather than later.
PUERTO AYACUCHO, Venezuela, Dec 3- From the air, the thick green canopy that covers the Venezuelan Amazon is pocked with ever more frequent small holes. Some locals accuse money-hungry members of Venezuela's military of also helping out.
CARACAS, Dec 2- Venezuelan state oil company PDVSA said the OPEC nation's oil installations were not affected by a power blackout that struck large parts of the country on Monday night. Venezuela's refineries, heavy crude upgraders and other oil facilities are fed by separate generating plants, not the national grid.
*Bidvest, CIH offer to raise Adcock stake to up to 34.5 pct. JOHANNESBURG, Dec 2- A Chilean group's $1.2 billion bid for South African drugmaker Adcock Ingram was challenged on two fronts on Monday, as a group led by Bidvest sought nearly a third of Adcock's shares and launched a court action against the bid.
SAO PAULO/ RIO DE JANEIRO, Dec 2- Vale SA lowered its investment budget for a third straight year as the world's No. 2 mining company continues efforts to focus expansion on its main iron ore business.
SAO PAULO, Dec 2- Brazilian iron ore miner Vale SA said on Monday its board approved a 2014 investment budget of $14.8 billion, with 80 percent going to develop new iron ore project and for logistics. The company said in a statement it remained committed to developing its coal project in Mozambique and its Salobo copper and gold project in Brazil.
BERLIN, Dec 1- An American who won this year's Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine. He had also looked at "drastically" higher house prices in Rio de Janeiro and Sao Paulo in Brazil in the last five years.
JIQUITAIA, Brazil, Dec 1- They were heckled and called slaves of a communist state when they first landed, but in the poorest corners of Brazil the arrival of 5,400 Cuban doctors is being welcomed as a godsend.