GO
Loading...

Brazil

More

  • IAPA: press freedom deteriorating in the Americas Tuesday, 21 Oct 2014 | 1:40 PM ET

    SANTIAGO, Chile— The Inter American Press Association says freedom of the press has sharply deteriorated in the Americas over the last six months. The group delivered its conclusion on Tuesday at the end of its 70th General Assembly. Journalists also suffered physical violence in almost every country in the region, including in Bolivia, Brazil and Peru during...

  • SAO PAULO/ RIO DE JANEIRO, Oct 21- Brazil's stocks and currency sold off for a second straight session on Tuesday after opinion polls showed market-favorite candidate Aecio Neves losing momentum ahead of Sunday's presidential elections. Neves, who has promised to implement business-friendly policies to boost Brazil's flagging economy, lost a slight edge...

  • Luiz Inacio Lula da Silva, 68, is back on the campaign trail after a brief hiatus, hoping that a burst of his signature charisma and rapport with the poor will be enough to push his chosen successor, President Dilma Rousseff, to a re-election victory in a closely fought runoff vote on Sunday. Recent polls have shown Rousseff neck-and-neck with Aecio Neves of the...

  • BRASILIA, Oct 19- Opposition candidate Aecio Neves is heading into the final week of Brazil's presidential race with a razor-thin lead in polls, but it's the incumbent Dilma Rousseff who appears to be gaining momentum in the homestretch. After a sudden surge before and after the first-round vote on Oct. 5, Neves is struggling to retain the momentum that gave him a...

  • Long-term investors ready to buy Brazil after election Friday, 17 Oct 2014 | 10:35 AM ET

    RIO DE JANEIRO/ SAO PAULO, Oct 17- Long-term foreign investors are growing more optimistic about Brazil no matter who wins this month's presidential election but they say an opposition victory could unleash a flood of new money. Rousseff's economic policies have been roundly criticized by investors for tipping Brazil into a recession while damaging...

  • Oct 16- Chicago grain and soybean futures rose on Thursday on technical buying, rebounding from losses in the previous session that were due to forecasts for favorable harvest weather in the week ahead. The CBOE volatility index, the fear gauge of financial markets, hit its highest level since November 2011 and the S&P 500 and Nasdaq briefly fell into negative...

  • *Faltering euro zone economy, slower growth in China pose biggest risks. Indeed, the biggest danger for the world economy in the coming year is deflation or another recession in the euro zone, followed closely by the risk of slower growth in China, according to polls conducted globally over the past week. "Especially, the recent weakening of growth in emerging...

  • BRASILIA/ RIO DE JANEIRO, Oct 16- An iron-ore mining company controlled by Brazilian tycoon Eike Batista filed for bankruptcy on Wednesday, the third time in a year that a unit of the former billionaire's EBX industrial group has sought protection from creditors. MMX Sudeste Mineracao SA, the company that made the petition, holds nearly all the significant...

  • BRASILIA, Oct 15- The main subsidiary of Brazilian tycoon Eike Batista's iron ore mining company MMX Mineracao e Metalicos SA filed a bankruptcy protection petition before a Brazilian court on Wednesday. MMX Sudeste Mineracao SA, the unit that holds MMX's main mining assets, made the request after negotiations with creditors and efforts to seek new investors...

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2:30 PM ET Wednesday, 15 Oct 2014 | 2:38 PM ET

    NEW YORK- Stocks plunge and the dollar slumps after the latest inflation data from the United States and China fan concerns about a global slowdown, driving investors into safe-haven government debt. -USA- ECONOMY/FED, expect by 2000 GMT/ 4 PM ET, by Howard Schneider, 350 words. WASHINGTON- The Federal Reserve is considering the use of its annual test on big banks as...

  • BRASILIA, Oct 14- Brazil will maintain plans to raise domestic fuel prices this year, despite a sharp drop in international crude oil prices, to help debt-laden state-run oil company Petrobras, a government source said on Tuesday. The price of gasoline on the international market has slipped below the domestic price of the fuel in Brazil, Credit Suisse said in a...

  • 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...

  • 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'...

  • Oct 8- Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus. Ebola has killed more than 3,400 people in Guinea, Sierra Leone and Liberia, and its spread has become a global concern-- with worries for trade, which could affect the...

  • RIO DE JANEIRO, Oct 8- A year after the epic collapse of his industrial empire, Brazilian tycoon Eike Batista's financial and legal troubles appear far from over. Once worth more than $30 billion and listed as the world's eighth-richest man by Forbes Magazine, Batista says his debts now exceed his assets by $1 billion and the value of his remaining stakes in the oil,...

  • 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...

  • MILAN, Oct 7- Telecom Italia's majority-owned Brazilian mobile firm is considering investing an extra 750 million euros over three years to improve its network, said a person with knowledge of the plan, as the company tries to regain momentum in a key overseas market. Telecom Italia lost out to Spain's Telefonica last month in a $9 billion battle to buy the...