CNBC's Michelle Caruso-Cabrera reports the latest details on one of the stadiums being used for the 2014 World Cup in Brazil which collapsed today leaving 3 dead.» Read More
BRASILIA, Dec 4- A vote on a bill that would force Internet giants like Google and Facebook to keep Brazilians' information inside the country will be delayed until next year over disagreements about its content, a senior lawmaker told Reuters on Wednesday.
RIO DE JANEIRO-- The new ball for next year's World Cup _ called the "Brazuca," in honor of Brazil, of course _ was unveiled at a ceremony Tuesday in Rio de Janeiro. The ball is decorated with a ribbon design in shades of blue, gold and green, which Adidas says symbolizes the traditional "wish bracelets" worn in Brazil.
SAO PAULO/ RIO DE JANEIRO, Dec 3- OGX Petróleo e Gas Participações SA and its creditors are close to a deal to transform some of OGX's $5.1 billion debt into stock, stripping Brazilian businessman Eike Batista of a controlling stake in the oil company, two sources with direct knowledge of the situation said on Tuesday.
SAO PAULO, Dec 3- Brazil's economy contracted in the third quarter for the first time since early 2009, falling short of expectations yet again as plunging investment and idle factories wiped out what had already been sluggish growth.
PUERTO AYACUCHO, Venezuela, Dec 3- From the air, the thick green canopy that covers the Venezuelan Amazon is pocked with ever more frequent small holes. Some locals accuse money-hungry members of Venezuela's military of also helping out.
SAO PAULO/ RIO DE JANEIRO, Dec 2- Vale SA lowered its investment budget for a third straight year as the world's No. 2 mining company continues efforts to focus expansion on its main iron ore business.
SAO PAULO, Dec 2- Brazilian iron ore miner Vale SA said on Monday its board approved a 2014 investment budget of $14.8 billion, with 80 percent going to develop new iron ore project and for logistics. The company said in a statement it remained committed to developing its coal project in Mozambique and its Salobo copper and gold project in Brazil.
BERLIN, Dec 1- An American who won this year's Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, he told a German magazine. He had also looked at "drastically" higher house prices in Rio de Janeiro and Sao Paulo in Brazil in the last five years.
JIQUITAIA, Brazil, Dec 1- They were heckled and called slaves of a communist state when they first landed, but in the poorest corners of Brazil the arrival of 5,400 Cuban doctors is being welcomed as a godsend.
*New fuel price policy announced but details scarce. RIO DE JANEIRO, Nov 29- Brazil's state-run oil company, Petroleo Brasileiro SA, said on Friday it will raise the wholesale price of gasoline by 4 percent and diesel by 8 percent to cut losses and bring domestic fuel costs closer to international levels.
LAKE LOUISE, Alberta, Nov 29- Many refineries in Europe, India and South America are easier to reach from Canaport, New Brunswick, in eastern Canada, than from the U.S. Gulf Coast, the chief executive of Irving Oil said on Friday.
RIO DE JANEIRO, Nov 28- A lack of pipelines and access to drilling equipment as well as unclear environmental rules restricted bidding at Brazil's latest oil and natural gas rights auction to less than a third of the 240 on-shore areas offered, industry officials said on Thursday.
Americans mark Thanksgiving with travel, parades, shopping. NEW YORK- Americans gather to celebrate Thanksgiving, stuffing turkeys for family feasts, braving high winds and the bitter cold along parade routes and starting their holiday shopping one day earlier this year.
RIO DE JANEIRO, Nov 27- Brazilian tycoon Eike Batista's oil company, OGX, lost 2.12 billion reais in the third quarter as it scrambled to start output from an offshore oil field that represents one of its last chances to remain afloat.
BRASILIA, Nov 27- Brazil raised interest rates on Wednesday for the sixth straight time, ending a short-lived era of single-digit borrowing costs that failed to reignite Latin America's largest economy and instead fed inflation.
SAO PAULO, Nov 27- Brazil seems to have hit a sweet spot in private sector infrastructure investments, as local engineering firm Odebrecht Transport made the winning bid on a leg of the main highway in the heart of the country's grain belt on Wednesday. The competitive auction will favor President Dilma Rousseff as she heads into the 2014 election year.
*Dubai, Ekaterinburg, Izmir and Sao Paulo in the running. PARIS, Nov 27- Brazil, Russia, Turkey and the United Arab Emirates will learn on Wednesday whether their candidate cities will host the 2020 World Expo, with much at stake in terms of investment, tourism and national pride.
SAO PAULO, Nov 27- Brazil completed the latest leg in a campaign to lure billions in private investment to upgrade its creaky infrastructure by awarding rights to pave and maintain a highway concession that cuts through the heart of the country's main grains belt. The highway runs through Brazil's main grain producing state of Mato Grosso.
SAO PAULO, Nov 26- Airbus aims to have more airliners operating in Latin America than its U.S. rival Boeing for the first time next year, the European company's top executive in the region said on Tuesday. Airbus expects its fleet will make up 52 percent of the two companies' total aircraft in the region in 2014 after outselling Boeing in five of the last six years.
WASHINGTON _ Commerce Department releases durable goods for October, 8:30 a.m. Eastern. WASHINGTON _ Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON _ Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..