GO
Loading...

Dilma Rousseff

More

  • NEW YORK, Nov 18- Several high-profile U.S. investors said on Tuesday that various parts of Latin America could outperform in the next year, but the region's largest economy, Brazil, could lag in 2015.. The sovereigns have certainly proven that, "said Luz Padilla, DoubleLine Capital's director of emerging markets fixed income, at the Reuters Global Investment...

  • SAO PAULO, Nov 18- A graft investigation at Brazilian state-run oil company Petroleo Brasileiro SA is hurting the credit outlook for major suppliers accused of participating in the alleged bribery scheme, Moody's Investors Service said on Tuesday. Moody's downgraded its rating of Mendes Junior Trading e Engenharia SA to B3 from B2 and put a negative outlook...

  • SAO PAULO, Nov 18- Brazil's President Dilma Rousseff is politically responsible for a growing money-laundering and bribery scandal at state-run oil company Petroleo Brasileiro SA, although she was probably not personally involved enough to justify impeachment, the main opposition party's leader in the Senate said. Aloysio Nunes of the centrist Brazilian...

  • RIO DE JANEIRO, Nov 17- Brazil's state-run oil company Petroleo Brasileiro SA vowed on Monday to fully investigate a graft scandal that has knocked its shares lower and saddled President Dilma Rousseff's government with its biggest political crisis. That raises the prospect of a long period of uncertainty for a company that was once the crown jewel of...

  • BRASILIA, Nov 17- Brazil's President Dilma Rousseff, who canceled a White House trip last year in anger over U.S. spying revelations, now wants to improve ties and reschedule the state visit- but some U.S. officials warn it might not be that easy. A debate in Washington over whether and when to re-extend the invitation to Rousseff reflects persistent diplomatic...

  • RIO DE JANEIRO, Nov 17- Brazil's state-run oil company Petroleo Brasileiro SA vowed on Monday to fully investigate a money-laundering scandal that has rattled the company's shares and caused the biggest crisis to date for President Dilma Rousseff's government. In her first public comments since a former Petrobras executive was arrested in connection with...

  • RIO DE JANEIRO, Nov 17- Brazil's embattled state-run oil company Petroleo Brasileiro SA will address on Monday its failure to release its audited third-quarter financial results due to a widening corruption scandal that has caused its shares to fall. The company will speak with investors and analysts and then meet with reporters starting at 11 a.m..

  • BUSINESS-NEWS-SCHEDULE AT 2200 GMT / 5 PM ET Sunday, 16 Nov 2014 | 4:46 PM ET

    WASHINGTON- President Barack Obama defends the transparency of his signature healthcare law after a White House adviser on the reform said the law passed, in part, because of the "stupidity" of American voters. ALLERGAN, ACTAVIS NEAR DEAL, ANNOUNCEMENT AS EARLY AS MONDAY. NEW YORK- Allergan nears a deal to merge with Actavis Plc, with an announcement coming as soon as...

  • RIO DE JANEIRO/ SAO PAULO, Nov 14- Brazilian police arrested a former Petróleo Brasileiro SA executive on Friday, sending the state-run oil company's shares and bonds down after a widening corruption scandal forced it to delay the release of its financial results. Former engineering director Renato Duque was the second senior executive arrested at...

  • RIO DE JANEIRO, Nov 14- Brazilian police arrested a former Petrobras executive on Friday and the state-run oil giant's shares sank 5 percent after it was forced by a widening corruption scandal to delay the release of its financial results. Former engineering director Renato Duque was the second senior Petrobras executive arrested in the investigation into...

  • RIO DE JANEIRO, Nov 14- Shares of Brazil's Petrobras plummeted 5 percent on Friday after the state-run oil firm delayed releasing its results amid a police investigation into corruption that has already ensnared a former senior executive. Petrobras shares opened over an hour and a half after the rest of the Bovespa index, with the chief executive of the bourse,...

  • RIO DE JANEIRO, Nov 14- Brazil's federal police were serving 27 additional arrest warrants on Friday in a broad money-laundering investigation that has ensnared a former senior executive at oil firm Petrobras, causing it to delay releasing its results. The move comes a day after Petroleo Brasileiro SA, as the state-run oil company is formally known, delayed the...

  • There could be "damaging political implications" for Brazil's President Dilma Rousseff in the fallout from the Petrobras scandal, which could also affect investors directly says Jimena Blanco, senior analyst for Latin America at Maplecroft.

  • SAO PAULO, Nov 13- Brazil's state-run oil company Petroleo Brasileiro SA delayed the release of its third-quarter earnings report on Thursday to allow more time to investigate corruption allegations. The company, known as Petrobras, plans to report its earnings on Dec. 12 and not on Friday, the last day it could have done so without incurring hefty fines.

  • BRASILIA, Nov 12- Former Wall Street banker Henrique Meirelles is a frontrunner to be Brazil's next finance minister, sources close to the government told Reuters, in what would mark a major shift toward business-friendly policies in President Dilma Rousseff's second term. Even some of Rousseff's allies- among them influential former President Luiz Inacio...

  • SAO PAULO, Nov 11- A Brazilian minister resigned on Tuesday and urged leftist President Dilma Rousseff to appoint an "independent" new economic team to "restore confidence and credibility" among investors, in an unusual public critique from an ally. Culture Minister Marta Suplicy, a former mayor of Sao Paulo and a senior figure in the ruling Workers' Party, had been...

  • BRASILIA, Nov 5- The Brazilian Senate approved a bill on Wednesday that lowers the debt burden of states and municipalities, opening the way for regional governments to spend more at a time of growing concern about the country's fiscal health. The bill, which was supported by government lawmakers as well as the opposition, will add pressure on newly re-elected...

  • That appears to be the strategy in coming months for Brazil's newly re-elected President Dilma Rousseff, who is trying to win back the business community's confidence without sacrificing her leftist agenda of reducing poverty and ensuring a strong state presence in the economy. Investors are eager for any signs of change after Rousseff's first term in...

  • How hedge fund honchos weathered rough October Monday, 3 Nov 2014 | 3:53 PM ET
    Michael Novogratz, principal and director, Fortress Investment Group

    October was a rough month for much of the hedge fund crowd, where many players underperformed the U.S. stock market and wound up with big losses.

  • JPMorgan's Global Manufacturing Purchasing Managers' Index, produced with Markit, held steady at 52.2 in October. The index combines survey data from countries including the United States, Japan, Germany, France, Britain, China and Russia. Regional manufacturing surveys from Asia were littered with unwelcome landmarks, including a five-month low for...