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Showing posts with label Brazil. Show all posts
Showing posts with label Brazil. Show all posts

Sunday, July 26, 2015

Prosecutors Accuse Top Brazil Building Executives of Corruption

Federal prosecutors formally accused executives from Brazil’s top builders of participating in the country’s biggest corruption scandal in history.

Friday, June 26, 2015

Brazil Bank Stock Goes From Worst to First After Investors Bail

When Banco Santander SA offered to buy out minority investors in its Brazil unit last year, many saw it as a chance to ditch the country’s worst-performing bank stock. They should have held on.

Wednesday, May 20, 2015

China to invest billions in Brazil's economy, Chinese premier says

BRASILIA — Chinese Premier Li Keqiang will push trade, finance and investment deals worth tens of billion of dollars on Tuesday to help Brazil upgrade its dilapidated infrastructure and boost a slumping economy.

Tuesday, October 14, 2014

Brazil's Neves would improve ties with United States: adviser

WASHINGTON (Reuters) - Brazilian presidential challenger Aecio Neves would seek to repair ties with the United States and finalize a long-delayed free-trade agreement with the European Union if he is elected in an Oct. 26 runoff, his top economic adviser said on Friday.

Saturday, October 11, 2014

Brazil's Mantega blasts IMF for economic forecast shifts

(Reuters) - Brazilian Finance Minister Guido Mantega took the International Monetary Fund to task on Friday for "contradictory" assessments of Brazil's economy, saying the global lender should be more careful in its forecasting.

Tuesday, October 7, 2014

Brazilians voting in nail-biter election for president

RIO DE JANEIRO/SAO PAULO (Reuters) - Voters across Brazil cast ballots on Sunday in an unpredictable election that will decide whether Latin America's largest economy adopts a more free-market approach after 12 years of leftist Workers' Party rule.

Friday, October 3, 2014

Brazil posts first trade deficit in seven months

(Reuters) - Brazil posted a trade deficit BRTBAL=ECI of $939 million in September, its first monthly deficit after six straight positive results this year, government data showed on Wednesday.

Saturday, September 20, 2014

Investment in Latin America Falls 10% in First Half

RIO DE JANEIRO — Private equity and venture capital investments in Latin America dropped by 10 percent in the first half of this year compared with figures in the period a year earlier, the Latin American Private Equity and Venture Capital Association said on Thursday.

Friday, September 19, 2014

Brazil election may change diplomatic direction

SAO PAULO (AP) — More than a decade of Workers Party rule has seen Brazil prioritize ties with its leftist regional neighbors, from helping muscle socialist Venezuela into the Mercosur trade bloc to financing a billion-dollar transformation of an industrial port in Cuba.

Saturday, July 12, 2014

Fitch: Latin American Infrastructure, Performance Sustained at Mid-Year

Performance metrics in line with expectations despite an anemic global environment supports stable outlook for Latin American infrastructure, according to a new Fitch Ratings report entitled, '2014 Midyear Outlook: Latin America Infrastructure'.

Saturday, July 5, 2014

Brazil asset managers have worst year for fundraising since 2002

(Reuters) - Asset managers in Brazil raised the lowest amount of money from investors in 12 years in the first six months, an industry group said on Thursday, a sign that worries over the October presidential election, high borrowing costs and growing global market turmoil are scaring market participants.

Monday, June 23, 2014

Brazil's Rousseff picked by party for tough election October 5

BRASILIA (Reuters) - Brazil's ruling Workers' Party formally nominated President Dilma Rousseff on Saturday to run for re-election in October in what is shaping up to be its toughest race since winning power in 2002.

Thursday, May 29, 2014

World Cup 2014: Brazil will win the tournament, at least according to Goldman Sachs

Further evidence of Brazil’s chances of securing a record sixth World Cup came from economists at Goldman Sachs today, who predicted the hosts would beat Argentina 3-1 in the final.

Friday, May 2, 2014

Latin American economies to grow 2.7 pct this year - UN

SANTIAGO, April 29 (Reuters) - The economies of Latin America and the Caribbean will grow less this year than previously forecast, hurt by lower-than-expected dynamism in top economies Brazil and Mexico, the United Nations' economic body for Latin America said on Tuesday.

Tuesday, April 22, 2014

EMERGING MARKETS-Mexico peso firms, Chile dips in thin trade

MEXICO CITY, April 21 (Reuters) - Latin American currencies traded mixed on Monday with Mexico's peso firming along with U.S. stock markets, while Chile's peso slipped amid bets of further interest rate cuts ahead.

Tuesday, April 15, 2014

World Bank Says Latin America Growth Slowing as Commodities Ease

Economic growth in Latin America and the Caribbean will slow this year as commodity prices remain flat or drop on a deceleration in China, the World Bank said in a report today.

Saturday, March 29, 2014

Latin America likely to embark on needed reforms: IADB

COSTA DO SAUIPE, Brazil (Reuters) - The volatility in global markets buffeting emerging economies could push Latin American nations to move ahead with deep reforms needed to restore their dynamism, the head of Inter-American Development Bank, Luis Alberto Moreno, said on Friday.

Monday, March 24, 2014

Brazil's president holds wide lead ahead of re-election bid: poll

BRASILIA (Reuters) - Brazilian President Dilma Rousseff is holding on to her wide lead over potential rivals and would win a second term outright in the October 5 general election, according to a poll published on Thursday.

Tuesday, February 25, 2014

Brazil, Europe plan undersea cable to skirt U.S. spying

BRUSSELS (Reuters) - Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.

Monday, February 17, 2014

South America's first Apple store opens in Rio

Some 1,700 impatient shoppers lined up for hours Saturday for the grand opening of Apple's store in Rio de Janeiro -- the first official outpost in South America.