SAO PAULO, Dec 29- Brazil's government has proposed changes to a fiscal responsibility law that set the foundation for a decade of economic prosperity in Latin America's largest economy, two local newspapers said on Saturday.
BRASILIA, Dec 24- Brazil's government said on Monday it would raise the statutory monthly minimum wage by an above-inflation 9 percent to 678 reais a month, a rise that comes at the end of a year of tepid economic growth. They must still be formally approved by Congress.
BRASILIA/ SAO PAULO, Nov 6- Brazil's government will exclude up to 42 billion reais in public spending from the calculation of the so-called primary budget surplus this year, Finance Minister Guido Mantega said on Tuesday, in an accounting maneuver aimed at meeting a closely watched budget target.
BRASILIA/ SAO PAULO, Nov 6- Brazil's government will exclude up to 42 billion reais in public spending from the calculation of the so-called primary budget surplus this year, in an accounting maneuver aimed at meeting a closely watched budget target. However, Mantega reiterated that Brazil's government remains committed to fiscal discipline.
SAO PAULO, Nov 6- Brazilian car dealerships cut their 2012 sales forecast in half on Tuesday as short-term tax incentives boosted demand less than was expected in the world's fourth-largest auto market.
SAO PAULO, Nov 6- Brazil's government would not meet its primary fiscal surplus goal this year without resorting to an accounting maneuver, Finance Minister Guido Mantega said in an interview published Tuesday.
SAO PAULO, Nov 6- Brazil's government would not meet its primary fiscal surplus goal this year without resorting to an accounting maneuver, Finance Minister Guido Mantega said in an interview published Tuesday.
*Brazil investing heavily to increase energy capacity. BRASILIA, Oct 26- A massive blackout left as many as 53 million Brazilians in the dark late Thursday and early Friday, the latest in a string of energy shortages that have raised questions about whether Brazil's infrastructure is keeping pace with economic growth.
*Brazil investing heavily to increase energy capacity. BRASILIA, Oct 26- A massive blackout left as many as 53 million Brazilians in the dark late Thursday and early Friday, the latest in a string of energy shortages that have raised questions about whether Brazil's infrastructure is keeping pace with economic growth.
SAO PAULO, Oct 25- Brazil's banking sector will undergo profound changes over the next two years as government efforts to keep interest rates at record lows translate into lower credit costs and more competition, the head of the nation's largest foreign lender said on Thursday.
SAO PAULO, Oct 25- Brazil's banking sector will undergo profound changes over the next two years as government efforts to keep interest rates at record lows translate into lower credit costs and more competition, the head of the nation's largest foreign lender said on Thursday.
*Adds to views that Brazil's banks headed for rough patch. *Itau's expense, provision cuts may help stem profit drops.
SAO PAULO-- Officials say German automaker BMW AG will build a factory in southern Brazil. Raimundo Colombo says BMW will invest approximately 1 billion reals to build the plant. Colombo tells the state government's website he will meet with President Dilma Rousseff on Monday "to explain details of the investment."
RIO DE JANEIRO-- The one-time right-hand-man of popular former Brazilian President Luiz Inacio Lula da Silva was found guilty on a corruption charge by a majority of 10 Supreme Court justices Tuesday, who ruled he orchestrated a widespread cash-for-votes scheme that came to light seven years ago.
The world's second-wealthiest man explains to CNBC why workers in Europe and other parts of the developed world are at the "best" part of their career after they reach their 60s.
Tuesday, 18 Jun 2013 | 10:00 AM ETViolent protests broke out in eight Brazilian cities last night, with the worst violence occurring in Rio de Janeiro. Thousands of protesters threw Molotov cocktails and anything else they could find. The protests began over a 10-cent increase in bus and subway fares.
Tuesday, 18 Jun 2013 | 11:05 AM ETFBI Deputy Director Sean Joyce describes how NSA surveillance helped to detect and thwart a plot to bomb the NYSE.