GO
Loading...

Enter multiple symbols separated by commas

Brazil

More

  • BRASILIA/ RIO DE JANEIRO, May 22- Brazil will freeze 69.9 billion reais worth of spending on investment, education and health programs this year, limiting outlays in a bid to convince investors that President Dilma Rousseff is committed to saving the nation's investment-grade rating. Still, most analysts believe the freeze will not be enough to meet Brazil's...

  • *Bundesbank chief says can't always be about buying Greece time. RIGA, May 22- European leaders told Greece on Friday to return to the negotiating table for "intensive work" to wrap up a reform agreement before cash runs out, sidestepping Athens' demand for a comprehensive, long-term solution to its troubles. The leaders offered help, but told Tsipras to get back to...

  • NEW HAVEN, Conn.— Two former Wesleyan University students pleaded not guilty Friday to federal charges they distributed synthetic party drugs that resulted in on-campus overdoses and sent 11 people to hospitals. The defendants, Zachary Kramer, 21, of Bethesda, Maryland, and Eric Lonergan, 22, of Rio de Janeiro, Brazil, appeared in federal court in New Haven.

  • PARIS— The Eiffel Tower closed to the public for most of the day Friday as workers protested a rise in aggressive pickpockets around the Paris landmark that attracts thousands of visitors daily. The walkout came a day after Paris authorities announced that crime against tourists in the French capital had dropped this year thanks to reinforced police...

  • DIARY- Emerging Markets Economic Events to June 1 Tuesday, 19 May 2015 | 8:02 PM ET

    ANKARA- Central bank of Turkey to hold monthly monetary policy committee meeting. PRAGUE- International Monetary Fund holds a press conference at the end of its annual mission to the Czech Republic- 1315 GMT. BRASILIA- International Monetary Fund head Christine Lagarde visits Brazil to participate in a central bank seminar about inflation targeting.

  • Mercedes-Benz fires 500 workers at Brazil truck plant Tuesday, 19 May 2015 | 7:09 PM ET

    SAO PAULO, May 19- The Mercedes-Benz truck unit of Germany's Daimler AG said on Tuesday it had dismissed 500 workers at a Brazilian truck plant and is putting about 7,000 others on paid leave as it suspends production in the face of plunging sales. Truck sales in Brazil tumbled about 40 percent in the first four months of this year compared with the same period of...

  • SAO PAULO, May 19- Whirlpool Corp and Anheuser-Busch InBev on Tuesday started selling a countertop appliance that makes soda, juice and coffee with single-serve capsules, marking the start of a joint venture worth more than $70 million. Last year, the Coca-Cola Co invested an initial $1.25 billion in Keurig Green Mountain Inc as part of a plan to sell its soft...

  • On his first official trip to Latin America, Li saw a raft of agreements signed, ranging from a $1 billion purchase of passenger jets made by Brazil's Embraer to the lifting of an import ban on Brazilian beef and a long-discussed plan to build a railroad over the Andes to the Pacific. The fund was another sign of China flexing its financial might in Latin America, a...

  • BRASILIA, May 19- Chinese Premier Li Keqiang will push trade, finance and investment deals worth tens of billion of dollars on Tuesday to help Brazil upgrade its dilapidated infrastructure and boost a slumping economy. On his first official trip to Latin America, Li will meet President Dilma Rousseff and attend the signing of a raft of agreements ranging from a...

  • Chinese PM starts South American investment tour Tuesday, 19 May 2015 | 12:09 AM ET

    BRASILIA, Brazil— China's Premier Li Keqiang and Brazilian President Dilma Rousseff agreed on Tuesday to embark on studies for an ambitious railway linking Brazil's Atlantic coast with a Pacific port in Peru, and announced billions in other investments and trade deals. "A new path to Asia will open for Brazil," said Rousseff. "We're moving into a different era,...

  • SAO PAULO, May 18- Brazil's Usinas Siderurgicas de Minas Gerais S.A. will turn off two of its furnaces to reduce pig iron production by 120,000 tonnes per month and adapt the operation to lower demand in the steel market, the company said on Monday. Usiminas, as the company is known, said it will turn off the number 1 furnace at its Cubatao plant in Sao Paulo state and the...

  • Brazil is one of the world's biggest agricultural producers and its biggest buyer of pesticides, according to Phillips McDougall, a Scotland- based agricultural consultancy and research firm. Those manufacturers, prosecutors said, include the Brazilian units of BASF, DuPont, Monsanto, Nufarm, Syngenta, Adama, FMC and Nortox. During the inspection in Sapezal, a...

  • BRASILIA, May 15- Brazilian prosecutors said on Friday they have obtained court orders for the seizure of 980 million reais in assets of construction firms under investigation in a massive corruption scandal at state-run oil company Petrobras. A federal court ordered the seizure of 282 million reais in assets from one of Brazil's largest construction and...

  • ATLANTA— Delta Air Lines CEO Richard Anderson leans back in his chair, smiles and explains why he's so happy. With a healthy balance sheet, Anderson, who just turned 60, is now focusing on a fight with government-backed Middle East airlines, building long-term partnerships with other international carriers and improving the onboard experience for passengers.

  • NEW YORK— Emerging-market stock funds are making big moves again, and this time it's in the good way. Stocks from China, Brazil and other developing economies have a history of big swings, up and down. A resurgent Chinese market is helping to lead the way, and even formerly downtrodden markets like Russia have bounced higher.

  • RIO DE JANEIRO, May 14- Brazilian President Dilma Rousseff said on Thursday that her government will maintain rules that mandate production-sharing contracts for the country's most promising areas and high national content requirements for the oil industry. "The local content policy is not something that can be set aside, it is central to my policy of...

  • SAO PAULO, May 12- An epidemic of dengue fever is fanning public anger over what Brazilians say is President Dilma Rousseff's biggest challenge- the sad state of the national healthcare system. Health Minister Arthur Chioro has blamed the outbreak in part on a severe drought in Brazil's southeast, an area including Sao Paulo where dengue has been most prevalent.

  • May 11- A rigorous cost-cutting program at debt-burdened Oi SA has hundreds of measures- including leaving the Brazilian telecommunication's company's 17,000 staff sweltering in the dark if they work late in its offices. Chief Executive Bayard Gontijo said in an interview on Monday that the company's strict new 7 p.m. policy to switch off the air...

  • BELO HORIZONTE, BRAZIL, May 11- Anglo American may increase capacity at its Minas-Rio iron ore mine in Brazil by nearly 10 percent, a move that could cut unit costs at the troubled $13 billion project, the company's Brazil chief executive said on Monday. Production volume could rise as high as 29 million tonnes in the 2018-2020 period, 9.4 percent more than the...

  • BRASILIA, May 11- Brazil could offer an improved rate of return for investment in multibillion-dollar projects aimed at overhauling its aging infrastructure and ease requirements as it seeks to lure more private capital, five officials close to policy talks told Reuters. A fiscal austerity push that cut government financing has forced President Dilma...