At least two dozen heads of state were due to attend Hugo Chavez's funeral on Friday during an outpouring of grief for the charismatic but divisive Venezuelan leader who changed the face of politics in South America.» Read More
BRASILIA, May 16- Brazil's Congress approved. The reform bill, which may yet change if President Dilma Rousseff decides to veto parts of it, is an effort to make Brazil's clogged, costly and badly managed ports more efficient. That, backers believe, can help restore robust growth to Brazil's once-booming economy.
BRASILIA, May 16- Legislation that President Dilma Rousseff says is vital to her efforts to modernize Brazil's clogged and costly ports cleared the lower chamber of Congress after a marathon debate and is expected to win Senate approval later on Thursday.
*Central bank's IBC-Br index rises 1.05 pct over Q4. SAO PAULO, May 16- Economic activity in Brazil accelerated in the first quarter, central bank data showed on Thursday, adding to signs that a gradual recovery has gained steam after massive stimulus by President Dilma Rousseff's government.
*Congress to resume debate over port reform bill Wednesday. SAO PAULO, May 15- Stevedores at Brazil's Santos and Rio de Janeiro ports entered the second day of a strike to protest proposed legislation that may open terminals to new private-sector investments.
BRASILIA, May 13- Brazil's deputy Finance Minister Nelson Barbosa, who helped design some of the government's flagship economic projects, has handed in his resignation for personal reasons and will leave the post in June, the ministry said on Monday.
BRASILIA, May 10- Brazil campaigned hard to get the top job at the World Trade Organization this week but behind closed doors even it acknowledges that the WTO's main mission- pushing forward in global trade talks- looks for the moment like a lost cause.
BRASILIA, May 9- President Dilma Rousseff added a new minister to her Cabinet on Thursday, further enlarging a federal government whose rapid growth since her leftist party came to power a decade ago has increased Brazil's heavy tax burden.
*Brazil becomes first BRICS nation to head WTO. GENEVA, May 7- Brazil's Roberto Azevedo has won the race to become the next head of the World Trade Organization, the first candidate from the BRICS club of emerging economies to take the job.
SAO PAULO, May 7- Brazil produced a record number of automobiles in April as recovering demand raised hopes that carmakers could shake off an uneven first quarter. The auto data may ease concerns over weak demand in a sector making up about a fifth of Brazil's industrial output.
Europe risks a wave of anti-EU votes in 2014 European parliamentary elections unless a June summit of European Union leaders offers a concrete response to economic crisis, Italian Prime Minister Enrico Letta said on Monday.
*Economy has continued to disappoint in Brazil. BRASILIA, May 6- The Brazilian government is betting the economy will shift into higher gear in the second half of the year as business confidence improves and stimulus measures take hold, a senior member of the administration told Reuters.
BRASILIA, May 3- Amazon Indians on Friday refused to end their occupation of a building site that has partially paralyzed work on the world's third largest hydroelectric dam for two days.
SALTO, Brazil, May 3- Brazil, an up-and-coming agricultural superpower with abundant fertile land, is struggling to provide consistently affordable food for its population.
BRASILIA, May 1- Brazilian President Dilma Rousseff said on Wednesday she has sent lawmakers another proposal to earmark all oil royalties collected by the state for public education after Congress shelved an earlier effort.
SAO PAULO/ BRASILIA, April 26- Loan delinquencies in Brazil receded for a second straight month in March in what seems more the result of a year-long trend by private sector lenders to avoid riskier loans than the effects of an improving economy.
SAO PAULO, April 24- Workers at General Motors' Gravataí Industrial Complex in southern Brazil voted to strike on Wednesday over demands for higher pay and a shorter work week.
BRASILIA/ SAO PAULO, April 23- Brazil's government threw its sugar-ethanol industry a lifeline on Tuesday, by cutting taxes and sweetening credit for the struggling sector it hopes will resume investments in new biofuel plants to bolster output.
*Brazil cuts PIS/Cofins tax, extends credit for ethanol storage. BRASILIA, April 23- Brazil will cut taxes and extend lines of credit for a struggling sugar cane ethanol industry that has lost market share to gasoline due to rising production costs, Finance Minister Guido Mantega said on Tuesday.
*All-stock deal valued at $2.48 bln. *Adds to wave of buyouts in education sector. SAO PAULO, April 22- Kroton Educacional SA, Brazil's largest provider of undergraduate distance learning, plans to acquire rival Anhanguera Educacional Participacoes SA in an all-stock deal, the latest in a wave of buyouts in the country's red-hot education sector.
*All-stock deal valued at approximately $2.48 bln. SAO PAULO, April 22- Kroton Educacional SA, Brazil's largest provider of undergraduate distance learning, plans to take over rival Anhanguera Educacional Participacoes SA in an all-stock deal, the latest in a wave of buyouts in the country's red-hot education sector.