• Vivendi sheds broadband unit for nearly $10 bln. Friday, 19 Sep 2014 | 7:26 AM ET

    Vivendi has closed the deal to sell its Brazilian broadband business to Spain's Telefonica for cash and shares worth nearly $10 billion.

  • RIO DE JANEIRO, Sept 18- Brazil's state-run oil company, Petroleo Brasileiro SA, will sign a contract to build and lease a floating production ship for its giant Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on Thursday.

  • RIO DE JANEIRO, Sept 17- Royal Dutch Shell Plc and Total SA must accept Brazil's state-run Petrobras as a partner in their Gato do Mato offshore oil prospect under new Brazilian law, the country's top oil regulator said Wednesday, a move that could strip Shell of operational control of the resource. She spoke at an oil industry event in Rio de Janeiro.

  • Experts fear for Brazil coffee harvest post-drought Wednesday, 17 Sep 2014 | 12:24 PM ET
    Coffee bean production at the Cafe Primavera facility in Itapira, Brazil.

    Brazil's coffee harvest is at risk next year after a drought, reports the Financial Times.

  • SAO PAULO, Sept 16- Nextel operator NII Holdings Inc is hanging on to its Brazilian unit even though the welterweight mobile carrier has filed for bankruptcy protection in the United States and sold off other Latin American operations.

  • BELO HORIZONTE/ SAO PAULO, Brazil, Sept 16- The handsome, accomplished grandson of one of Brazil's most beloved politicians, Aecio Neves has been preparing his whole life to be president, friends say. And that, paradoxically, best explains why he's languishing in Brazil's presidential election race.

  • 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.

  • Brazil charges Eike Batista, seeks to freeze $641M Sunday, 14 Sep 2014 | 10:02 AM ET
    Eike Batista

    Brazil federal prosecutors have filed criminal charges against Eike Batista, accusing the fallen tycoon of market manipulation.

  • 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.

  • BlackRock likes Brazil     Thursday, 11 Sep 2014 | 12:42 PM ET

    Will Landers, BlackRock managing director, explains his firm's bullish position on Brazil ahead of the presidential election there.

  • 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.

  • Russia Deputy PM: BRIC will benefit the world     Tuesday, 9 Sep 2014 | 10:10 PM ET

    Arkady Dvorkovich, Deputy Prime Minister of Russia, discusses Russia-China relations and explains why cooperation between the BRIC nations is beneficial for the world.

  • 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.