Yahoo - Brazil

Syndicate content
brazil - Yahoo News Search Results
Updated: 3 hours 11 min ago

Brazil goalkeeper Cesar returns to QPR

Fri, 07/25/2014 - 4:24pm
TORONTO (AP) — Brazil goalkeeper Julio Cesar has been recalled to newly promoted Queens Park Rangers after his loan to Toronto FC in Major League Soccer.

Brazil announces US$13b credit stimulus

Fri, 07/25/2014 - 11:17am
Brazil's central bank said it would ease banks' reserve requirements, freeing up US$13 billion to stimulate lending and boost an economy facing its fourth year of sluggish growth.

Brazil announces $13 billion credit stimulus

Fri, 07/25/2014 - 11:09am
Brazil's central bank said Friday it would ease banks' reserve requirements, freeing up $13 billion to stimulate lending and boost an economy facing its fourth year of sluggish growth. The new measures, which also loosen the rules on lending to small businesses, come as leftist President Dilma Rousseff heads into October elections in which she is seeking a second four-year term. "The central ...

Brazil to pump up to $20 billion in credit into ailing economy

Fri, 07/25/2014 - 9:46am
RIO DE JANEIRO/BRASILIA, July 25 (Reuters) - Brazil's central bank on Friday announced measures to inject as much as 45 billion reais ($20 billion) in credit into the country's ailing economy, which is weighed down by the highest borrowing costs in nearly three years. The bank said it was freeing up an estimated 30 billion reais in the financial system through changes to banks' reserve ...

Brazil's current account deficit shrinks, FDI covers gap

Fri, 07/25/2014 - 4:56am
Brazil posted a current account deficit of $3.345 billion in June, a smaller-than-expected gap that was fully offset by foreign direct investment inflows for the first time since November, central bank data showed on Friday. Brazil's current account deficit in May was $6.635 billion. The current account is a country's widest measurement of foreign exchange flows, including trade, services ...

Brazil Eases Reserve Requirements to Inject $13.5 Billion

Fri, 07/25/2014 - 3:29am
Brazil’s central bank is making available an estimated 30 billion reais ($13.5 billion) with measures including reduced reserve requirements as it looks to boost economic activity.

Brazil central bank rules out interest rate cut for now

Thu, 07/24/2014 - 4:16am
Brazil's central bank signaled on Thursday it is unlikely to cut interest rates any time soon and instead is focused on curbing naggingly high inflation even as the economy flirts with recession. In the minutes of its last policy meeting, the bank stressed that interest rates at current levels should help ease inflation in coming years. The comments quashed market speculation that a rate cut ...

Brazil Minerals, Inc. Expands Operational Team in Brazil

Thu, 07/24/2014 - 3:00am
Brazil Minerals, Inc. , a U.S. holding company with revenues from diamonds and gold, announced today that it had expanded its management team in Brazil to accommodate BMIX's growth in operations. These ...

Brazil's interest-rate futures jump after central bank minutes

Thu, 07/24/2014 - 2:34am
Yields paid on Brazil's interest-rate futures contracts jumped higher on Thursday after minutes of the central bank's latest monetary policy meeting poured cold water on speculation that policymakers could cut the benchmark Selic interest rate any time soon. Interest rates for January 2015 rose 3 basis points to 10.74 percent after the central bank said in a statement it "anticipates an outlook ...

Brazil launches $1 bln in 2045 bonds, offers to buy back other debt

Wed, 07/23/2014 - 10:38am
Brazil's Treasury launched $1 billion worth of a new 30-year benchmark global bond on Wednesday and offered to buy back costlier, shorter-dated maturities as it seeks to take advantage of a growing appetite ...

Brazil names new soccer coach

Wed, 07/23/2014 - 9:11am
There is a new man tasked with fulfilling Brazil's World Cup destiny.

Brazil looking for medal 'bounce' in Rio Olympics

Wed, 07/23/2014 - 9:01am
Brazil hopes to nearly double its medal total for the 2016 Olympics in Rio de Janeiro, using increased funding to follow the pattern of recent Olympic host nations Britain and China. Marcus Vinicius, executive director of sport for the Brazilian Olympic Committee, said Wednesday that Brazil was aiming to win between 27 and 30 medals in Rio, up from the 17 it won two years ago in London. Vinicius ...

Brazil Sees $452 Million 2015 Air Subsidy as Gol Mulls Flights

Wed, 07/23/2014 - 3:29am
Brazil projects paying 1 billion reais ($452 million) in subsidies next year to entice airlines to expand their network of regional flights, a possible boost for the country’s biggest domestic carrier.

Brazil Planning to Sell Benchmark Dollar Bonds Maturing in 2045

Wed, 07/23/2014 - 2:32am
Brazil plans to sell sovereign bonds with the country’s longest maturity in its first issue denominated in U.S. dollars this year.