The Brazil and Russian economies have been crushed by oil prices and political intrigues, so why are their stocks on fire?
LAGOS, Nigeria— Nigeria is suing several leading oil companies for $12.7 billion of crude oil that allegedly was exported illegally to the United States between 2011 and 2014, officials said Tuesday. Nigeria was Africa's largest oil producer until militant attacks cut production and Angola overtook it in March. Some shiploads registered less when they left...
Brazilian prosecutors have filed corruption charges against former President Lula and his wife in the Petrobras kickback scandal.
Diamond Offshore shares fall sharply after it reported a drilling contract was terminated prematurely by Petrobras.
Brazil's Senate ousted President Dilma Rousseff on Wednesday, ending an impeachment process that polarized Latin America's biggest country.
Suspended President Dilma Rousseff made a final stand in an impeachment trial that is widely expected to remove her from office.
Thousands will be in Rio de Janeiro for the Olympics, but the country's state of affairs is anything but festive.
Things are looking up for the Brazilian economy - but it won't be due to the Olympic games, according to a UBS report.
Brazil's tourism minister resigned on Thursday, less than two months before the country hosts the Olympics.
Brazil's Transparency Minister resigns after leaked recordings suggest he tried to derail a sprawling corruption probe.
"Power Lunch" hosts Melissa Lee and Brian Sullivan look at 5 stocks with analyst recommendations, including Citi upgrading Lowe's to buy, and MKM slashing the price target on L Brands.
Brazil's president will not be resigning Tuesday, despite rumors that she may step down ahead of further impeachment proceedings.
Brazilian traded sharply lower after President Dilma Rousseff's impeachment process was annulled.
Brazil's vice-president Michel Temer has rejected allegations that he is conspiring to launch a parliamentary coup, the Financial Times reports.
The political and economic turmoil engulfing Brazil, the world's seventh-largest economy, is weighing on global growth as well.
Dilma Rousseff scrambled on Wednesday to hold together her crumbling coalition by negotiating key government posts with remaining allies, aides said.
Investors are betting that an impeachment of President Dilma Rousseff will change the country's trajectory.
Brazil's largest party will decide on Tuesday to break away from President Dilma Rousseff's floundering coalition, party leaders said.
Some of the names on the move ahead of the open.
U.S. stock futures were following European stocks lower this morning, after deadly explosions rocked the main Brussels airport and a metro station.