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Brazil

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  • 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.

  • RIO DE JANEIRO, Sept 7- Brazil's October presidential race has been shaken up by a corruption scandal allegedly involving state-run oil firm Petrobras and dozens of lawmakers, with both leading candidates forced onto the defensive after colleagues were implicated.

  • BUSINESS-NEWS-SCHEDULE AT 2000 GMT/4 PM ET Sunday, 7 Sep 2014 | 4:08 PM ET

    LONDON- The British government is scrambling to respond to a lurch in the opinion polls towards a vote for Scottish independence this month by promising a range of new powers for Scotland if it chooses to stay within the United Kingdom.

  • RIO DE JANEIRO, Sept 7- Brazil's October presidential race has been shaken up by a corruption scandal allegedly involving state-run oil firm Petrobras and dozens of lawmakers, with both leading candidates forced onto the defensive after colleagues were implicated.

  • Soybean planting in Brazil's leading agricultural states is only allowed after Sept. 15, following a period of three months in which the land must be left fallow to avoid the spread of disease in the tropical soil.

  • SAO PAULO, Sept 4- Brazil's president Dilma Rousseff said she would make changes in her cabinet if elected for a second term after a reporter asked her on Thursday if she planned to replace Finance Minister Guido Mantega.

  • BRASILIA, Sept 3- Brazil held interest rates steady for a third straight time on Wednesday, signaling it is in no rush to help an economy that fell into recession just weeks before a heated presidential election.

  • Adrian Mowat's emerging market picks     Wednesday, 3 Sep 2014 | 5:07 PM ET

    Adrian Mowat of JPMorgan, shares his concerns over China's growth and reveals his best emerging market plays right now.

  • Brazil's oil industry may be large and growing, but little of what Rousseff promised when elected in 2010- or before then as energy minister or chairwoman of state-run energy giant Petrobras- has come to pass.

  • BUSINESS-NEWS-SCHEDULE AT 1500 GMT / 11:00 a.m. ET Tuesday, 2 Sep 2014 | 11:02 AM ET

    Dollar General sweetens Family Dollar bid, may go hostile. Dollar General Corp raises its bid for Family Dollar Stores Inc to $9.1 billion, and warns it may turn hostile and appeal directly to shareholders if the new offer is rejected.

  • SAO PAULO, Sept 1- Popular environmentalist Marina Silva looks capable of winning Brazil's presidential election in October but a major campaign gaffe and mounting attacks from other candidates and the media suggest the race is still wide open.

  • Brazil enters recession in run-up to election Friday, 29 Aug 2014 | 11:27 PM ET

    Brazil suffered a recession in the first half of the year as investment plunged and the country's hosting of the World Cup suffocated economic activity.

  • SAO PAULO, Aug 29- Opposition presidential candidate Marina Silva said on Friday that Brazil's recession is very worrying and her government would work to restore the credibility of the country's economic policies to recover investment and growth if elected. It also called for an overhaul of Brazil's complex and onerous tax system.

  • SAO PAULO, Aug 29- Brazil suffered a recession in the first half of the year as investment plunged and the country's hosting of the World Cup suffocated economic activity, a major blow to President Dilma Rousseff's already diminishing hopes for reelection in October.

  • BRASILIA, Aug 28- Brazil's finance minister waded into the country's presidential campaign on Thursday, warning that an opposition victory in the October election could push the economy into recession and undo a decade of social gains under the ruling Workers' Party.

  • *Telefonica wins out with higher bid than Telecom Italia. PARIS, Aug 28- French media company Vivendi picked Telefonica for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia. Vivendi's decision deals a blow to Telecom Italia.

  • TOKYO, Aug 28- Japan Airlines Co said on Thursday it has agreed to buy 32 Mitsubishi Regional Jets worth around $1.5 billion, giving Japan's first domestically manufactured commercial passenger plane in half a century a needed sales boost.

  • RIO DE JANEIRO/ PARIS, Aug 27- Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by foreign rivals.