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, July 16- Brazil hopes that during a visit by Chinese President Xi Jinping it can boost ties with its biggest trade partner beyond the exchange of commodities for manufactured goods, but that may be wishful thinking.
FORTALEZA, Brazil, July 15- Leaders of the BRICS emerging market nations launched a $100- billion development bank and a currency reserve pool on Tuesday in their first concrete step toward reshaping the Western-dominated international financial system.
FORTALEZA, Brazil, July 15- The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency initially held by India, Brazilian president Dilma Rousseff said on Tuesday.
The BRICS group consists of Brazil, Russia, India, China and South Africa.
RIO DE JANEIRO, July 15- Brazil's sluggish economy faces substantial risk of falling into a light recession in 2014, and may already have done so, providing opposition candidates with extra ammunition in the run-up to October's presidential election.
BRASILIA, July 14- Retail sales in Brazil probably dropped for a third straight month in May, as weak confidence and higher interest rates continued to hurt consumer demand, a Reuters poll showed on Monday.
BRASILIA, July 12- Brazil will announce the sale of about 25 planes made by Embraer SA to Chinese airlines on Thursday during a visit by China's President Xi Jinping, a Brazilian official said.
RIO DE JANEIRO, July 8- Brazil's most promising offshore oil province, the Santos Basin, has 400 times the number of oil leaks as its older and more prolific neighbor, the Campos Basin, a Brazilian university study says, raising concern about the environmental sustainability of the country's new oil wealth.
SAO PAULO, July 3- Brazil's influential former President Luiz Inacio Lula da Silva said on Thursday he was not satisfied with the country's slow pace of economic growth, but downplayed the need for major policy changes under his chosen successor.
BRASILIA, June 30- Brazil posted in May its second-widest monthly primary budget deficit ever, a worse-than-expected result that puts at risk the country's key fiscal and debt servicing goal for the year.
RIO DE JANEIRO, June 27- Ratings firms expressed concern on Friday about a Brazilian government decision to sell billions of dollars worth of offshore oil rights to Petrobras, saying the move will weigh on the state-run oil company's cash flow and credit-worthiness.
BRASILIA, June 26- Brazil's inflation will start to subside next year after economic growth slows further, the central bank said on Thursday, reinforcing expectations that it will not raise interest rates in the near future.
By Jonathan Cable and Rahul Karunakar. June 26- Asia will spearhead gains in global equities in the coming year as ample central bank liquidity boosts shares, according to a worldwide Reuters poll that pointed to more modest gains for developed markets.
*Brazil investors hoping for more market-friendly president. SAO PAULO/ MEXICO CITY, June 26- Brazil's Bovespa stock index will rally or sink at the end of the year depending on the outcome of the nation's presidential election in October, a Reuters poll showed on Thursday, while Mexican shares will track economic growth higher.
RIO DE JANEIRO, June 25- Moody's Investors Service on Wednesday warned that Brazil's next government needs to "reverse negative economic trends" and boost growth if it wants to maintain the country's credit rating.
BRASILIA/ RIO DE JANEIRO, June 24- Brazil plans to sell billions of dollars worth of offshore oil rights to state-run oil company Petrobras, a move expected to saddle the company with new costs even as its debt soars and it struggles to meet existing production targets.
BRASILIA, June 19- Brazilian President Dilma Rousseff's popularity has continued to fall, though the left-leaning leader is still favored to clinch re-election in a probable second round of vote, according to a new poll published on Thursday.
BRASILIA, June 19- Brazilian President Dilma Rousseff's popularity has continued to slip, though the left-leaning leader is still favored to win re-election in a possible second round of vote, according to a new poll published on Thursday.
LUANDA, June 16- Brazil has offered Angola a new credit line worth $2 billion for use in the sub-Saharan African country's energy and construction sectors, Angolan Finance Minister Armando Manuel said on Monday.
PARIS, June 10- Steel pipes maker Vallourec warned on Tuesday that core profit would drop 10 percent this year as customers- mainly Brazilian state oil company Petrobras- run down inventories to save money.