CNBC's Bob Pisani and independent investment consultant David Darst, discuss quality of earnings season.» Read More
BRASILIA, July 17- China expanded its trade partnership with Brazil on Thursday with $7.5 billion in financing for Brazilian miner Vale, the purchase of 60 passenger jets from planemaker Embraer and renewed commitment to invest in infrastructure.
BRASILIA, July 17- Brazilian aircraft maker Embraer agreed to sell up to 60 commercial passenger jets to China and mining company Vale received two new credit lines from Beijing, as the presidents of the two countries signed agreements to deepen commercial ties.
*Portugal Telecom considering lawsuit targeting BES. LISBON, July 17- Banco Espirito Santo could be sued over a loan that one of its founding family's holding companies failed to repay to Portugal Telecom, sources said on Thursday, as credit rating agencies downgraded the bank and its key shareholder.
BRASILIA, July 17- China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
*U.S., Britain to outperform peers in industrialised world. July 17- Global growth prospects have dimmed slightly, with the United States and Britain leading industrialised economies that are not generating much inflation even after years of aggressive monetary stimulus, Reuters polls found.
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.
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.