GO
Loading...

Brazil

More

  • RIO DE JANEIRO, Sept 15- Investors are losing interest in Brazil's oil industry as the country's energy policies raise costs, reduce efficiency and increase risk, Brazil's oil industry association, the IBP, said on Monday.

  • BRASILIA, Sept 13- Brazil federal prosecutors have filed criminal charges against Eike Batista, accusing the fallen tycoon of market manipulation and seeking to freeze up to $1.5 billion reais worth of his financial assets and properties.

  • Since entering the race in mid-August, Silva has picked a pro-agriculture congressman as her running mate, met repeatedly with agribusiness leaders and campaigned in the farm belt, eager to make allies in an industry that accounts for a quarter of Brazil's economy. The fuel price controls have gutted Brazil's once-booming sugar cane ethanol industry.

  • ArtRio international art fair opens in Brazil Friday, 12 Sep 2014 | 7:07 AM ET

    RIO DE JANEIRO— ArtRio, the fair that has put Rio de Janeiro on the art world's map, has opened its latest show with exhibits from 99 top galleries from Brazil and beyond.

  • Some companies profit as Brazil struggles to secure power Thursday, 11 Sep 2014 | 11:56 AM ET

    SAO PAULO, Sept 11- A small group of energy companies in Brazil are increasing revenues at a time when the country is grappling with its worst power crisis in more than a decade, taking advantage of sky-high prices to sell electricity in the spot market.

  • BRASILIA, Sept 9- Brazilian President Dilma Rousseff has recovered ground and would be tied in popular support with opposition politician Marina Silva in a runoff vote in October, a new poll showed on Tuesday, though a festering corruption scandal threatens to complicate Rousseff's re-election bid.

  • BRASILIA, Sept 9- Brazil's President Dilma Rousseff has narrowed environmentalist Marina Silva's lead in a likely presidential election runoff in October, a new opinion poll showed on Tuesday, but a new political corruption scandal could hurt her re-election bid.

  • RIO DE JANEIRO, Sept 9- Moody's Investors Service on Tuesday said it may cut Brazil's credit rating in the next couple of years as the economy slows down, putting added pressure on whoever is elected president in October to change course on economic policy.

  • BRASILIA, Sept 8- Brazil's President Dilma Rousseff said on Monday that Finance Minister Guido Mantega would not stay on if she is re-elected in October, reiterating her pledge to bring in a new cabinet in hopes of regaining the confidence of voters and investors.

  • BRASILIA, Sept 8- President Dilma Rousseff sought to shield her re-election bid from a new scandal at state-run oil company Petroleo Brasileiro SA by asking prosecutors on Monday for any details involving officials in her government.

  • Private equity preps Latin America push Monday, 8 Sep 2014 | 7:00 AM ET
    Rio de Janiero, Brazil

    Private equity and venture capital firms are set to increase their investments in Latin America after netting billions in new funds.

  • Telecom Italia CEO Marco Patuano says the company has not received any offers for its TIM Brasil unit after losing out in a battle to buy Brazilian broadband company GVT from Vivendi.

  • RIO DE JANEIRO, Sept 7- Brazil's October presidential race has been shaken up by a corruption scandal allegedly involving state-run oil firm Petrobras and dozens of lawmakers, with both leading candidates forced onto the defensive after colleagues were implicated.

  • BUSINESS-NEWS-SCHEDULE AT 2000 GMT/4 PM ET Sunday, 7 Sep 2014 | 4:08 PM ET

    LONDON- The British government is scrambling to respond to a lurch in the opinion polls towards a vote for Scottish independence this month by promising a range of new powers for Scotland if it chooses to stay within the United Kingdom.

  • RIO DE JANEIRO, Sept 7- Brazil's October presidential race has been shaken up by a corruption scandal allegedly involving state-run oil firm Petrobras and dozens of lawmakers, with both leading candidates forced onto the defensive after colleagues were implicated.

  • Brazil lawmakers named in suspected kickback Saturday, 6 Sep 2014 | 1:47 PM ET

    SAO PAULO— An imprisoned former director of the country's state-controlled Petrobras oil company has named more than 30 lawmakers allegedly involved in a suspected money laundering and kickback scheme involving company contracts, Brazil's leading newsweekly said Saturday.

  • Soybean planting in Brazil's leading agricultural states is only allowed after Sept. 15, following a period of three months in which the land must be left fallow to avoid the spread of disease in the tropical soil.

  • SAO PAULO, Sept 4- Brazil's president Dilma Rousseff said she would make changes in her cabinet if elected for a second term after a reporter asked her on Thursday if she planned to replace Finance Minister Guido Mantega.

  • Brazil's maternal milk banks model for globe Thursday, 4 Sep 2014 | 12:04 AM ET

    "Brazil is really the world leader in milk bank development," said Dr. Lisa Hammer, a University of Michigan pediatrician who was part of a team visiting the Rio de Janeiro- based network last week.

  • BRASILIA, Sept 3- Brazil held interest rates steady for a third straight time on Wednesday, signaling it is in no rush to help an economy that fell into recession just weeks before a heated presidential election.