CNBC's Bob Pisani and independent investment consultant David Darst, discuss quality of earnings season.» Read More
Embraer will sell 40 planes to China's Tianjin Airlines, half of which will be the re-engined model known as E-190 E2, entering service in 2018. The Industrial and Commercial Bank of China Ltd will buy 20 aircraft, following an accord in 2012 to provide leasing for Embraer planes.
Jim O'Neill, former chairman of Goldman Sachs Asset Management, says that - compared to the past decade - Brazil's economy is not in bad shape.
Jim O'Neill, former chairman of Goldman Sachs Asset Management, discusses whether the BRICS Development Bank can challenge the International Monetary Fund.
NEW YORK, July 17- President Barack Obama aimed a direct blow at Russia's economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world's crude and over 8 percent of the country's GDP.
WASHINGTON, July 16- President Barack Obama imposed the biggest package of U.S. economic sanctions yet on Russia on Wednesday, hitting Russia's largest oil producer Rosneft and other energy, financial and defense firms, with what he called significant but targeted penalties.
BRASILIA- ROSNEFT CEO SECHIN SAYS DECISION TO INCLUDE ROSNEFT IN U.S.
BRASILIA- RUSSIA'S PRESIDENT PUTIN SAYS NEEDS TO SEE DETAILS OF U.S.
Vladimir Putin swung through Latin America arranging energy deals—but that's not the only thing he hoped to achieve.
Foreign markets could offer the best bet, Michael Novogratz of Fortress Investment Group says.
BUENOS AIRES, July 16- Argentina is running out of time to broker a deal with "holdout" bondholder investors and stave off another painful debt default, lobbyists acting for the New York hedge funds suing the country said in a media ad on Wednesday.
CNBC's Dominic Chu reveals what new and big ideas are currently being pitched at CNBC's Delivering Alpha conference.
SAO PAULO— Four police officers have been suspended after being caught on video as they beat journalists during an anti-World Cup protest, the Rio de Janeiro police department said Wednesday.
NEW YORK, July 16- KKR& Co LP's co-founders Henry Kravis and George Roberts have indicated they intend to stay at the buyout firm for at least five more years, but two men- Scott Nuttall and Joseph Bae- are emerging as front-runners to eventually succeed them.
Rio de Janeiro- based Oi and Portugal Telecom agreed to keep the terms of their merger unaltered for now, the paper said, adding that Portugal Telecom will continue to have a 37 percent stake in CorpCo, as the company resulting from the merger is known. Efforts to reach Lisbon- based Portugal Telecom were unsuccessful.
BRASILIA, July 15- The five BRICS countries have not discussed coordinated forex intervention in global markets, but it is an idea "worth thinking about," India's central bank deputy governor Urjit Patel told Reuters on Tuesday.
In negotiations to create the new BRICS development bank, the main challenge was not a lack of resources or commitment, but fellow partner China.
Shareholders of Rio de Janeiro- based Oi want to push Portugal Telecom to agree to have a smaller stake in CorpCo, as the company resulting from the merger is known, depending on the outcome of the debt negotiations later on Tuesday, said the source, who requested anonymity because of the sensitivity of the issue. The family owns about 10 percent of Portugal Telecom.
FORTALEZA, Brazil, July 15- In two years of tough negotiations to create the new BRICS development bank, the main stumbling block was not a lack of resources or commitment, but fellow partner China.
FORTALEZA, Brazil, July 15- The new development bank of the group of BRICS countries will be headquartered in Shanghai, China, with the presidency initially held by India, Brazilian president Dilma Rousseff said on Tuesday.
The BRICS group consists of Brazil, Russia, India, China and South Africa.