Brazil suffered a recession in the first half of the year as investment plunged and the country's hosting of the World Cup suffocated economic activity.» Read More
SAO PAULO, Aug 20- The Brazilian Social Democracy Party, the country's biggest opposition group, would formally support environmentalist Marina Silva in a runoff vote for the presidency if its own candidate fails to qualify, a party source told Reuters.
SAO PAULO/ RIO DE JANEIRO, Aug 20- Brazil cut the amount of capital that commercial banks must put on compulsory deposit with the central bank in an effort to free up more capital for loans and boost a stagnant economy, the bank said in a statement on Wednesday.
BRASILIA, Aug 18- Marina Silva's entry into Brazil's presidential race will almost certainly force the October election into a second-round runoff and the environmentalist could even unseat President Dilma Rousseff, according to a poll released on Monday.
SAO PAULO, Aug 18- Although a new poll shows Brazilian President Dilma Rousseff suddenly facing a tougher road to re-election, she also saw a sharp recovery in her approval ratings and resilient voter support through what will likely be the campaign's most emotional and volatile period.
BRASILIA, Aug 15- Environmentalist Marina Silva could defeat President Dilma Rousseff if Brazil's October election goes to a second-round run-off, according to a new poll that saw the challenger entering the race in second place.
BRASILIA, Aug 15- Environmentalist Marina Silva will enter Brazil's presidential race in a strong second place, backed by 21 percent of voters, and could overtake President Dilma Rousseff in a second-round runoff, a poll showed on Monday.
BRASILIA, Aug 14- General Motors Co will invest 6.5 billion reais in Brazil over the next five years, Chief Executive Officer Mary Barra said on Thursday, reaffirming the automaker's long-term plans despite a sharp downturn in the local market.
BRASILIA, Aug 14- Brazilian environmentalist Marina Silva is still in shock from the death of presidential candidate Eduardo Campos and has not begun to consider whether she will run in his place, a close friend said on Thursday.
SAO PAULO, Aug 14- The late entry of environmentalist Marina Silva into Brazil's presidential race following the death of her running mate could rally young voters and those upset over a sluggish economy and corruption, but introduce new uncertainty for investors wary of her record of unpredictable decisions.
BRASILIA, Aug 14- General Motors Co will invest 6.5 billion reais in Brazil over the next five years, Chief Executive Officer Mary Barra said on Thursday. Speaking to reporters in Brasilia after meeting President Dilma Rousseff, Barra said the new investment will spent on new products, technology and maintaining plants.
BRASILIA, Aug 13- The death of presidential candidate Eduardo Campos makes it even more likely Brazil's October election goes to a second round and could put President Dilma Rousseff under more pressure as she seeks a second term.
NEW YORK, Aug 13- A global stock gauge rose on Wednesday, boosted by a technology-led rebound on Wall Street, while Brazilian markets were shaken by the death of presidential candidate Eduardo Campos in a plane crash.
SANTOS, Brazil, Aug 13- Brazilian presidential candidate Eduardo Campos was killed in a plane crash on Wednesday, throwing the October election into disarray and causing big swings in local financial markets.
BRASILIA, Aug 11- Brazil's government is considering raising gasoline prices by up to 6 percent after elections in October, a long-awaited move that would help struggling oil giant Petrobras but would also stoke inflation in an already sluggish economy.
*Threat of more sanctions on Russia puts off investors. LONDON, Aug 12- With the threat of further Western economic sanctions hanging over Russia, foreign investors are deserting Moscow's equity markets and funnelling cash into other BRICS states, with China a standout beneficiary.
BRASILIA, Aug 11- Brazilian opposition candidate Aecio Neves said on Monday that if elected president he would adopt policies aimed at bringing the inflation rate back to the center of an official target range of 4.5 percent by the end of the four-year presidency.
Around 90 new meat plants in Brazil were immediately approved to export beef, chicken and pork to Russia and the South American nation is already working to increase its exports of corn and soybeans sales to Russian buyers, Brazil's secretary of agricultural policy, Seneri Paludo, said on Thursday.
BRASILIA, Aug 7- If Aecio Neves wins the presidency this October, he would allow Brazil's currency to float freely, leaving the market to set the exchange rate in a move that would likely help local industries struggling with a strong real.
BRASILIA, Aug 5- The Brazilian economy should pick up in the second half of the year after a slow start and hit more "reasonable" growth levels in 2015, Finance Minister Guido Mantega told Reuters on Tuesday.
SAO PAULO, Aug 5- When João Paulo de Oliveira was fired in 1980 by Rapistan, a Michigan- based manufacturer of conveyor belts, his troubles were only beginning. In ensuing years, the military dictatorship that ran Brazil arrested or detained him about 10 times.