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Updated: 2 hours 31 min ago

Brazilian lawmakers urge indictments in Petrobras scandal - Reuters

4 hours 8 min ago

Reuters

Brazilian lawmakers urge indictments in Petrobras scandal
Reuters
BRASILIA (Reuters) - A congressional committee investigating a mushrooming corruption scandal at Brazil's state-run oil company Petroleo Brasileiro SA (PETR4.SA) recommended on Thursday that prosecutors bring charges against 52 people for alleged ...
Brazil Congress urges charges against 52 over Petrobras scandalFox News Latino
Brazil Congressional Panel Ends Petrobras InquiryWall Street Journal
Brazil Prosecutor Seeks Indictment Against Former Petrobras CEOBusiness Insider

all 231 news articles »

Brazil Raises Stock Mutual Funds' Overseas Investment Limits - Bloomberg

6 hours 17 min ago

Brazil Raises Stock Mutual Funds' Overseas Investment Limits
Bloomberg
“There is a big need for diversification now that the Brazilian market has grown and is more open,” Ana Novaes, the director of the regulator, known as the CVM, told reporters Wednesday in Rio de Janeiro. “If the country wants to be an important player ...

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CORRECTED-UPDATE 2-Carrefour closer to Brazil listing with Diniz deal - Reuters

9 hours 9 min ago

Financial Times

CORRECTED-UPDATE 2-Carrefour closer to Brazil listing with Diniz deal
Reuters
(corrects valuation of Brazil business in paragraph 8). * Abilio Diniz buys 10 pct stake in Carrefour Brazil. * Diniz pays about 1.8 billion reais ($663 million). * Also has option to raise stake to max 16 pct. * Brazilian business could be listed in ...
Carrefour to Boost Brazil Investment After Stake Sale to DinizBloomberg
Carrefour sells Brazil stake for $672mFinancial Times
Carrefour Makes Brazil Bet To Get Local, Stay GlobalWall Street Journal (blog)
Irish Times
all 69 news articles »

Brazil steps up dispute with Indonesia over chicken-import restrictions - Fox News Latino

9 hours 25 min ago

Brazil steps up dispute with Indonesia over chicken-import restrictions
Fox News Latino
Brazil is ramping up efforts at the World Trade Organization to resolve a longstanding dispute with Indonesia, which has placed restrictions on the South American country's chicken exports. "First we notified the WTO (regarding setting up a panel to ...

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Brazil Real Leads Gains Among Major Currencies After Fed Signal - Bloomberg

10 hours 8 min ago

Brazil Real Leads Gains Among Major Currencies After Fed Signal
Bloomberg
“Financial markets are echoing the Fed's dovish statement, which is helping emerging-market currencies from commodity-exporting countries such as Brazil recover,” Joao Paulo de Gracia Correa, a trader at Correparti Corretora de Cambio in Curitiba ...

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Surprise Brazil Top Stock Seen Extending Three-Year Reign - Bloomberg

10 hours 52 min ago

Surprise Brazil Top Stock Seen Extending Three-Year Reign
Bloomberg
The deal follows two previous acquisitions -- Iuni in 2010 and Unopar in 2011 -- that helped Kroton tap into a wave of first-generation college students as Brazil's middle class swells. Kroton's net income has beat analysts' estimates in 13 of the past ...

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Hello 2015: Brazil's inevitable adjustment - FT.com (registration) (blog)

12 hours 5 min ago

FT.com (registration) (blog)

Hello 2015: Brazil's inevitable adjustment
FT.com (registration) (blog)
Brazil was one of the big winners from the Chinese-driven commodity boom, so it is not surprising that many of the problems we see today began with the fall in the country's terms of trade that began in 2011. Whatever the inadequacies of the policy ...

Drop in International Oil Prices Helps Brazil's Trade Balance - The Rio Times

12 hours 9 min ago

The Rio Times

Drop in International Oil Prices Helps Brazil's Trade Balance
The Rio Times
SÃO PAULO, BRAZIL – The recent decline of international petroleum prices to a range between US$50-60 per barrel may bring benefits to the Brazilian trade balance, says Central Bank President Alexandre Tombini. Speaking on Wednesday, December 17th ...

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Russia eyes Brazil for high technology cooperation — Russian deputy PM - ITAR-TASS

Wed, 12/17/2014 - 10:46pm

Russia eyes Brazil for high technology cooperation — Russian deputy PM
ITAR-TASS
BRASILIA, December 18. /TASS/. Russia offers Brazil active cooperation in high-tech spheres, including in space exploration, shipbuilding and aviation sector, and expects adoption of important agreements related to missile defense technology, Russian ...

Carrefour May List Brazil Unit After Selling Stake to Diniz - Bloomberg

Wed, 12/17/2014 - 10:13pm

Forbes

Carrefour May List Brazil Unit After Selling Stake to Diniz
Bloomberg
Selling a stake in the Brazil unit almost 40 years after entering the country will help Carrefour achieve a goal of giving operations greater local control with support from partners, Chief Executive Officer Georges Plassat has said. The retailer is ...
UPDATE 1-Tycoon Diniz buys stake in Carrefour's Brazil unit, source saysReuters
UPDATED: Brazilian Billionaire Abilio Diniz Reportedly In Talks To Buy Stake ...Forbes
Tycoon Diniz buys stake in Carrefour's Brazil unit, source saysReuters UK
Wall Street Journal
all 44 news articles »

Rain postpones women's soccer tournament in Brazil - USA TODAY

Wed, 12/17/2014 - 12:31pm

Rain postpones women's soccer tournament in Brazil
USA TODAY
BRASILIA, Brazil (AP) — Both women's games scheduled for Wednesday in the International Tournament of Brasilia have been postponed because of heavy rain in the Brazilian capital. The U.S. was due to play Argentina and Brazil was scheduled to face ...

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UPDATE 1-Tycoon Diniz buys stake in Carrefour's Brazil unit, source says - Reuters

Wed, 12/17/2014 - 12:26pm

Forbes

UPDATE 1-Tycoon Diniz buys stake in Carrefour's Brazil unit, source says
Reuters
(Adds details throughout). By Guillermo Parra-Bernal. SAO PAULO Dec 17 (Reuters) - Brazilian billionaire Abilio Diniz agreed to buy a 10 percent stake in Carrefour SA's Brazilian unit, a source with direct knowledge of the situation said on Wednesday, ...
UPDATED: Brazilian Billionaire Abilio Diniz Reportedly In Talks To Buy Stake ...Forbes
Brazil's Diniz Seeks Stake in Carrefour UnitWall Street Journal

all 27 news articles »

EU steps up trade dispute with Brazil at WTO - Reuters

Wed, 12/17/2014 - 10:46am

EU steps up trade dispute with Brazil at WTO
Reuters
BRASILIA Dec 17 (Reuters) - The World Trade Organization on Wednesday decided to set up a panel to rule on European Union complaints that Brazil unfairly raised import duties, escalating differences as the two sides try to reach a long-delayed trade pact.
World Trade Organization to set up panel on Brazil import taxesEconomic Times

all 6 news articles »

Brazil's Real Rallies Most in a Month as Fed Supports Risk Bid - Bloomberg

Wed, 12/17/2014 - 10:44am

Brazil's Real Rallies Most in a Month as Fed Supports Risk Bid
Bloomberg
Brazil's central bank president Alexandre Tombini reiterated today that details on the extension next year of currency swap auctions supporting the real will be announced in the days ahead, adding that daily offerings will range from $50 million to ...

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Brazil names its Olympic sports athletes of the year - NBCSports.com

Wed, 12/17/2014 - 10:29am

NBCSports.com

Brazil names its Olympic sports athletes of the year
NBCSports.com
Brazil's Olympic Committee announced the nation's Olympic sports athletes of the year Tuesday, another indicator of host nation athletes to watch at the Rio 2016 Olympics. Gymnast Arthur Zanetti won the men's award, while sailors Martine Grael and ...

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Flooding Threat for Uruguay, Brazil and Paraguay This Weekend - AccuWeather.com

Wed, 12/17/2014 - 6:49am

Flooding Threat for Uruguay, Brazil and Paraguay This Weekend
AccuWeather.com
As the front moves farther north, thunderstorms will bring the threat for widespread heavy rainfall which may produce flooding from far northern Argentina into eastern Paraguay, northern Uruguay and southeastern Brazil. Major cities that may experience ...

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Coffee hit by higher Brazil forecasts - Financial Times

Wed, 12/17/2014 - 6:47am

Coffee hit by higher Brazil forecasts
Financial Times
Coffee prices were hit after Brazilian 2015 production forecasts from Volcafe, the Swiss trader, which were at the higher end of the range and added to the bearishness surrounding the market. “Upon completion of an extensive crop tour, our first ...
Upbeat Brazil coffee estimate sends prices lowerAgrimoney.com
SOFTS-Arabica tumbles to July low on higher Brazil crop forecastReuters Africa

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Brazil plans to expand submarine fleet - IHS Jane's 360

Wed, 12/17/2014 - 6:29am

IHS Jane's 360

Brazil plans to expand submarine fleet
IHS Jane's 360
Brazilian Navy chief Admiral Julio Soares de Moura Neto at the inauguration ceremony of the navy's new submarine shipyard at Itaguaí, home of the PROSUB programme. Source: Robson Coelho ...

Brazil's Most Popular Film Is About Militarized Police - War is Boring

Wed, 12/17/2014 - 5:10am

Brazil's Most Popular Film Is About Militarized Police
War is Boring
The militarization of America's police is a big deal. The Pentagon's “1033 program” has allowed local cops unprecedented access to deadly military equipment. The results have been … unpleasant. Cops on high school campuses in Texas almost toted ...

Sports-Related Infectious Diseases Threaten Brazil's 2016 Olympics - Forbes

Wed, 12/17/2014 - 5:04am

Forbes

Sports-Related Infectious Diseases Threaten Brazil's 2016 Olympics
Forbes
Water quality tests were done along the river and bay, and several sites, including Flamengo beach, where tourists will watch from, were found by the Instituto Oswaldo Cruz (of the Brazil Health ministry) to be contaminated with multi-drug resistant ...
Brazil Olympics: Super-bacteria found in Rio sea watersBBC News
Super-bacteria found in Brazil Olympic watersPress TV
Brazil mascots named after 'Girl from Ipanema' composersReuters
Yahoo Sports (blog) -RT
all 418 news articles »