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Dilma Rousseff

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  • *Wall Street stocks tumble for third straight session. NEW YORK, Oct 13- Stocks on Wall Street tumbled in late selling on Monday as the technical picture soured for the S&P 500, while the U.S. dollar posted its worst day in a year after comments from Federal Reserve officials hinted at delays in expected interest rate hikes. "There's been a lot of focus on breaking...

  • *Trade data eases worries over China slowdown. Stronger-than-expected data out of China gave the bulls some respite, but traders remained cautious after numbers out of China and Germany last week pointed to a global slowdown. "The fact we broke 1,900 on the S&P, the 200- day moving average, if we don't close above there today, that means the trip to lower levels is...

  • SAO PAULO, Oct 13- Shares of Brazilian state-run companies skyrocketed on Monday as investors saw a higher likelihood of challenger Aecio Neves defeating President Dilma Rousseff in this month's election. Preferred shares of Petroleo Brasileiro SA, the oil producer known as Petrobras, soared about 11.5 percent and were on track to close with their biggest...

  • *Trade data eases worries over China slowdown. Stronger-than-expected data out of China gave the bulls some respite, but traders remained cautious after numbers out of China and Germany last week pointed to a global slowdown. "It seems like the market's sort of jogging," Stephen Carl, principal and head of U.S. equity trading at The Williams Capital Group in New...

  • SAO PAULO, Oct 13- Under pressure in Brazil's closest election race in decades, President Dilma Rousseff is centering her campaign around a familiar bogeyman- an 83- year-old former president associated with a more turbulent, elitist era. In numerous TV ads and speeches, Rousseff has warned that a vote for her opponent in the Oct. 26 runoff vote, centrist Senator...

  • SAO PAULO, Oct 12- Business-friendly opposition candidate Aecio Neves received a crucial boost in Brazil's presidential election race on Sunday with the endorsement of popular environmentalist Marina Silva two weeks before his runoff against incumbent Dilma Rousseff. He needs the support of most of Silva's supporters if he is to defeat the leftist...

  • WASHINGTON, Oct 10- Brazilian presidential challenger Aecio Neves would seek to repair ties with the United States and finalize a long-delayed free-trade agreement with the European Union if he is elected in an Oct. 26 runoff, his top economic adviser said on Friday. "We are keen to move back to a broader, more open approach to foreign policy," Arminio Fraga, a former...

  • WASHINGTON, Oct 10- Brazilian presidential challenger Aecio Neves would seek to repair ties with the United States and finalize a long-delayed free-trade agreement with the European Union if he is elected in an Oct. 26 runoff, his top economic adviser said on Friday. "We are keen to move back to a broader, more open approach to foreign policy," Arminio Fraga, a former...

  • BRASILIA, Oct 9- Pro-business opposition candidate Aecio Neves has gained support and is running neck-and-neck with leftist President Dilma Rousseff ahead of Brazil's Oct. 26 presidential runoff, two polls showed on Thursday. The polls were the first by Brazil's two major polling firms since Sunday's first-round vote in which Rousseff won 41.6 percent of...

  • BRASILIA, Oct 9- Environmentalist Marina Silva said on Thursday she will wait for political pledges from pro-business opposition candidate Aecio Neves before backing him in the Oct. 26 runoff to Brazil's presidential election. An endorsement from Silva, who finished third in the election's first round on Sunday with 22 million votes, would increase Neves'...

  • BRASILIA, Oct 9- Environmentalist Marina Silva said on Thursday she is still waiting for "answers" on political commitments she is seeking from pro-business candidate Aecio Neves before endorsing him in the Oct. 26 runoff to Brazil's presidential election. "We hope Neves embraces the idea of political renewal," Feldman told reporters at the meeting at the...

  • BRASILIA, Oct 9- Environmentalist Marina Silva said on Thursday she is still waiting for "answers" on political commitments she is seeking from pro-business candidate Aecio Neves before endorsing him in the Oct. 26 runoff to Brazil's presidential election. In a statement to parties that backed her unsuccessful presidential bid, Silva said Neves' commitments...

  • BRASILIA/ RIO DE JANEIRO, Oct 8- Brazil's annual inflation rate in September shot way above an official target to its highest in nearly three years, the latest economic blow for President Dilma Rousseff who is locked in a tight race for re-election against market-favorite Aecio Neves. Brazil has slipped into recession in the first half of the year and will barely...

  • BRASILIA, Oct 8- Brazil's annual inflation rate in September rose way above the official target to the highest in nearly three years, giving fresh ammunition to opposition candidate Aecio Neves in a run-off vote later this month against President Dilma Rousseff. Meat prices rose sharply after Russia stepped up imports of Brazilian beef, chicken and pork.

  • SAO PAULO/ BRASILIA, Oct 7- President Dilma Rousseff's strategy of slamming bankers and playing up class divisions may give her the edge in this month's election but it further strains relations with business leaders just as Brazil's stagnant economy badly needs fresh investment. The leftist incumbent, who led the first round of voting on Sunday and now faces...

  • BRASILIA, Oct 7- The Brazilian economy will likely have a mild recovery next year as electoral uncertainty fades, but still lag regional peer Mexico that should grow faster after a series of economic reforms, the International Monetary Fund said on Tuesday. The global lender cut its growth forecast for Latin America's largest economy by 0.6 percentage point to...

  • SAO PAULO, Oct 6- Brazilian cellphone tower operator T4U Holding Brasil SA delayed the pricing of a 500 million-real initial public offering for a month as concern over the nation's presidential election hampered sentiment ahead of investor meetings, two sources with direct knowledge of the deal said on Monday. T4U, which is controlled by Israel's Fishman...

  • Here's why Brazilian stocks are soaring today Monday, 6 Oct 2014 | 4:47 PM ET
    Presidential candidate Aecio Neves (C) of the Brazilian Social Democracy Party (PSDB) and his wife Leticia Weber arrive to vote in general elections in Belo Horizonte, Oct. 5, 2014.

    Arminio Fraga, the man who could become finance minister of Brazil, knows what he wants to do to help that country's economy.

  • NEW YORK/ LONDON, Oct 6- Arabica coffee futures catapulted more than 9 percent on Monday to the highest level in more than 2-1/ 2 years as forecasts for sustained dry weather in top-grower Brazil fueled concerns for severe damage to the 2015/ 16 crop. The spike brought futures above the April highs seen after Brazil's worst drought in decades ignited concerns over a...

  • NEW YORK, Oct 6- Global equity markets extended a rally on Monday that drew strength from a forecast-beating U.S. jobs report last week that bolstered confidence in the American economy and the Federal Reserve's monetary policy, but the dollar gave up some of its gains. Brazil's benchmark stock index jumped more than 5 percent after a pro-business candidate...