Oil workers at Brazil's state-run energy company will remain on strike for two more days after failing to reach agreement in talks with Petrobras, a union spokesman said on Wednesday.
Oil workers in Brazil started a 5-day strike on Monday but state-run energy company Petrobras said it had already reversed most of the production losses on its platforms.
A key Brazilian oil workers' union threatened Thursday to shut down Petrobras oil fields in the Campos basin that produces over 80 percent of Brazil's oil for five days starting from Monday.
Some Anheuser-Busch shareholders have filed lawsuits seeking to force the U.S. brewer to fairly consider the $46.3 billion takeover bid from InBev, according to court documents obtained by Reuters Tuesday.
The Latin American nation's got the growth. Also, Cramer's reaction to the Fed decision.
Are surging food & energy prices making emerging markets too risky for investors?
With growing talk about peak oil — when the globe’s petroleum reserves begin an inexorable decline — exploration companies are increasingly turning high-tech to delay this eventuality. There's been stunning advances in the industry's ability to visualize what lies deep underground and to extract more of what's down there.
The US move to biofuels has been a remarkably successful experiment in renewable energy promotion despite its inadvertent, and probably exaggerated, effect on higher agricultural prices. But the industry's future lies in next generation, non food-derived biofuels.
Plus, what's wrong with these Brazil stocks lately?
Tough talk today between Israel and other nations could be another reason behind oil’s surge. Get the international perspective from Tim Seymour!
Plus, two more international stock picks from Cramer.
High prices in the commodities markets have more to do with supply and demand than trader speculation, says Michael Sutherlin.
Inflation appears to be escalating sharply throughout Russia, India and other emerging markets. Fortunately, Tim Seymour may have found a safety zone.
Looking for a robust market? The Brazilian Bovespa index is up more than 13% YTD. Brazil now stands as the world’s tenth largest economy in GDP terms, with the International Monetary Fund forecasting $1.6 trillion in GDP growth for 2008, up 4.75%. Here are some leading Brazilian ADR's.
Petrobras, the Brazilian oil producer that’s rapidly emerging as one of the world’s top companies, is “finding very good results” at its newly discovered off-shore deposits, Chief Executive Jose Sergio Gabrielli de Azevedo told CNBC in an exclusive interview.
What's next for emerging money as business booms in developing countries?
If they operate in Latin America, yes. Here is Cramer's favorite name in Chile.
After falling to all-time lows, the dollar had started to rally before Wednesday’s Fed’s rate cut. Where to next? Also, Tim Seymour's latest Brazil trades.
Plus, Brazil as the exception to the Latin American rule, the best play on lithium batteries and more.
Options, food inflation and -- believe it or not -- travel and leisure plays figured big in Monday's stock chatter on CNBC.