Arminio Fraga, the man who could become finance minister of Brazil, knows what he wants to do to help that country's economy.» Read More
BRASILIA, July 17- Brazilian aircraft maker Embraer agreed to sell up to 60 commercial passenger jets to China and mining company Vale received two new credit lines from Beijing, as the presidents of the two countries signed agreements to deepen commercial ties.
BRASILIA, July 17- China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
BRASILIA, July 17- Brazil's Embraer SA agreed to sell 60 E-190 commercial passenger jets to China as part of a raft of deals signed by the presidents of the two countries to deepen commercial ties, the Brazilian government said on Thursday.
BRASILIA, July 17- Brazilian planemaker Embraer SA will sign a deal on Thursday to sell 60 E-190 commercial passenger jets to two Chinese airlines, two diplomatic sources told Reuters, asking not to be named because the deal had not been formalized.
BRASILIA, July 16- Brazil held interest rates unchanged for a second straight time on Wednesday but did not commit to keeping them stable for long as inflation remains high in Latin America's top economy.
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.