With Brazil, Russia, India, and China slowing, private equity firms are increasingly investing in other less-developed markets.» Read More
BRASILIA, April 9- Brazil's rate of inflation in March picked up at the quickest pace in 11 years for that month, challenging the central bank's plan to stop raising interest rates soon and complicating President Dilma Rousseff's chances of re-election.
SAO PAULO, April 8- Petroleo Brasileiro SA borrowed 4 billion reais in a 17- year loan from Banco Bradesco SA to help pay for work on the Abreu e Lima refinery in northeastern Brazil, a source with direct knowledge of the deal said on Tuesday.
April 8- MUZAFFARNAGAR, India- India's main opposition party, tipped to form the next government, appears to be returning to its Hindu nationalist roots at the start of a five-week general election, raking up divisive issues and using strong language in an area hit by religious riots.
PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks before the "Enhancing Prudential Standards in Financial Regulations" conference hosted by the Federal Reserve Bank of Philadelphia- 1845 GMT.
SAO PAULO, April 7- Petroleo Brasileiro SA on Monday denied shelving plans to sell debt in local and international markets later this year because of a series of scandals regarding the Brazilian state-controlled oil producer.
SAO PAULO, April 7- Brazilian state-controlled oil company Petroleo Brasileiro SA, which has been hit by a series of scandals, shelved plans to sell debt in local and international debt markets later this year, a source with direct knowledge of the situation said on Monday.
*Sets back work in Brazil's No. 2 oilfield by about a month. RIO DE JANEIRO, April 3- Brazilian state-run oil company Petroleo Brasileiro SA suffered another setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic Ocean.
SAO PAULO, April 3- A group of 14 banks led by Grupo BTG Pactual SA on Thursday removed a firm commitment to subscribe to part of a 24.22 billion reais share offering by Brazilian phone carrier Grupo Oi SA if investor demand falls short. Itaú Unibanco Holding SA and Banco Bradesco SA considered pulling out of the deal on Tuesday, sources told Reuters that day.
RIO DE JANEIRO, April 3- Brazilian state-run oil company Petroleo Brasileiro SA suffered another setback in its effort to boost oil output last month when Italian contractor Saipem SpA dropped a 2.3 km steel pipe into the Atlantic Ocean.
Emerging markets roared like a lion in March, and they've continued their surge into April.
Emerging markets have taken a beating overall in 2014, but analysts point to one 'BRIC' market as most attractive.
NEW YORK/ SAO PAULO, April 1- Brazil's securities industry watchdog CVM on Tuesday lifted a suspension on Grupo Oi SA's 6 billion real share offering, paving the way for the Brazilian telecommunications company's merger with Portugal Telecom SGPS SA.
SAO PAULO/ RIO DE JANEIRO, April 1- Brazil's securities industry watchdog CVM on Tuesday lifted a suspension on Grupo Oi SA's 6 billion real share offering, paving the way for the Brazilian telecommunications company's merger with Portugal Telecom SGPS SA.
NEW YORK/ SAO PAULO, April 1- Brazilian telephone company Grupo Oi SA could launch a 6 billion real share offering as early as Tuesday, pending an expected go-ahead from regulators, two sources with direct knowledge of the situation told Thomson Reuters' IFR on Tuesday.
NEW YORK/ LONDON/ BEIJING, April 1- Manufacturing in Asia and Europe finished the first quarter on a weaker note but activity in the United States remained relatively steady, suggesting severe winter weather in North America had only a modest effect on U.S. factories.
*Costs high, but Greece hopes to add momentum to the rally. LONDON, April 1- Greece could be on the verge of making one of the fastest market comebacks of a defaulted sovereign ever recorded.
COSTA DO SAUIPE, Brazil, March 28- Brazil is looking at the euro zone and Japan to open new financing options for companies that are expected to invest in the country's infrastructure sector, Treasury undersecretary Paulo Valle said on Friday.
Stocks could climb 10 to 15 percent this year, Pimco's deputy CIO and global head of equities says.
COSTA DO SAUIPE, Brazil, March 28- Brazil's credit rating could come under pressure again if its economy continues to grow at a slow pace during the next five years or so, analysts with Standard& Poor's said after the ratings agency downgraded the country to near junk status this week.
RIO DE JANEIRO/ BRASILIA, March 27- Brazil's securities watchdog on Thursday suspended the offer of shares in telecommunications company Grupo Oi SA for up to 30 days, dealing a setback to its planned merger with Portugal Telecom.