Brazil's Unemployment Rate Holds Steady at 5.8% in May

RIO DE JANERIO--Brazil's unemployment rate was stable in May after four straight months of increase, as the labor market remained relatively strong despite the country's economic slowdown.

Brazil June inflation at lowest level in 2 years

Brazilian inflation slowed in June to its lowest level in nearly two years thanks to temporary tax cuts on vehicles and lower fuel prices as the government seeks to boost the economy.

Petrobras $237 billion plan a fiction without fuel hike

(Reuters) - Petrobras (PETR4.SA), Brazil's state-led oil company, and its latest business plan have a serious problem.