Coffee futures are up 86 percent, and hot on its heels is another breakfast club member that looks set to rally: orange juice.» Read More
RIO DE JANEIRO/ SAO PAULO Feb 27- Vale SA, the world's largest iron ore producer, will continue reining in costs this year even as the outlook for prices and sales volumes is improving, its chief executive officer said on Thursday.
SAO PAULO/ BRASILIA, Feb 27- Brazil's economy ended 2013 on a upbeat note thanks to strong consumer spending and investment, providing a much-needed boost to President Dilma Rousseff as she tries to rebuild her credibility with business leaders and win re-election in October.
SAO PAULO, Feb 27- Brazil's economy ended 2013 on a positive note thanks to strong consumer spending and investment, providing a much-needed boost to President Dilma Rousseff as she tries to rebuild her credibility with investors and win reelection in October.
SAO DESIDERIO, Brazil, Feb 27- Brazilian farmers are battling a voracious caterpillar that likely arrived from Asia, challenging the agricultural superpower's widely touted mastery of tropical farming just as it is on the verge of becoming the world's top soybean producer.
BRASILIA, Feb 26- Brazil slowed the pace of monetary tightening on Wednesday, signaling it may be near the end of a rate-hiking cycle that threatened to tip Latin America's largest economy into a recession. The central bank is signaling that it is ready to end the cycle, "said Andre Perfeito, chief economist at Gradual Investimentos in Sao Paulo.
RIO DE JANEIRO, Feb 26- Vale SA, the world's No. 3 mining company by market value, said on Wednesday its net loss more than doubled in the fourth quarter after it took a $6.5 billion charge for an income-tax settlement with the Brazilian government and wrote off part of a failed potash investment.
SAO PAULO, Feb 26- Brazil's Embraer SA, the world's No. 3 commercial planemaker, said on Wednesday it was aiming for stable profit margins in 2014 as better pricing on executive jets should offset deep discounts on big regional jet orders.
SAO PAULO, Feb 26- Brazilian hackers are threatening to disrupt the World Cup with attacks ranging from jamming websites to data theft, adding cyber warfare to the list of challenges for a competition already marred by protests, delays and overspending.
RIO DE JANEIRO/ LONDON, Feb 25- Brazil's real on Tuesday gained for a fifth session in a row as investors turned less pessimistic on the country's fiscal prospects, but Turkey's lira hit a two-week low versus the dollar after the latest twist in a government corruption scandal.
U.S. spying is driving some of its allies to build an undersea cable from Portugal to Brazil, according to a report.
*Cosan's Rumo would name most of the board, have control. The planned takeover, which Cosan officials expect ALL's board and shareholders to approve, would create a new logistical giant in a country where access to cheap transportation infrastructure comes at a premium.
*Cable between Portugal and Brazil could cost $185 mln. BRUSSELS, Feb 24- Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.
Luke Chandler, Global Head of Agricultural Commodity Markets Research at Rabobank, explains why he thinks the potential upside in coffee and sugar prices are now largely priced in.
Veronica Voronina, founder of The Anonymous, discusses the growing demand for concierges from wealthy entrepreneurs in Russia and Brazil.
James Lockhart Smith, principal analyst for Latin America at Maplecroft, says the Brazilian central bank will hike interest rates further over the next few months as the country struggles with high inflation.
BRASILIA, Feb 20- Brazil set a more modest fiscal savings target for 2014 on Thursday in a bid to recover investors' credibility, but economists remain skeptical that President Dilma Rousseff will be able to deliver in an election year.
BRASILIA, Feb 20- Brazil set a more modest fiscal savings target for 2014 on Thursday in a bid to recover investors' credibility, but markets remain skeptical that President Dilma Rousseff will be able to deliver in an election year.
The ruling also allows the inclusion of Oleo e Gas overseas unit OGX International. "The decision recognized the needs of international commerce," said Marcio Costa, a lawyer for Sergio Bermudes Advogados in Rio de Janeiro which represents Oleo e Gas.
Hot and dry weather in Brazil has hurt coffee production, reports CNBC's Jane Wells.
Feb 18- For other related diaries, please. ACCRA- Bank of Ghana announces interest rate decision. SYDNEY- Institute of Internal Finance/G20 conference in Australia.