SAO PAULO (Reuters) – Three people were killed and at least eight injured on Friday when a shooter opened fire at two schools in the Brazilian state of Espirito Santo, …
brazil
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BRASILIA (Reuters) – Brazil’s current account deficit in October came slightly lower than expected, central bank data showed on Friday, in the wake of a better trade balance surplus and …
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Business News
Key Brazil senator pushing to waive at least $19 billion from spending cap
by Reutersby ReutersBRASILIA (Reuters) -Brazilian Senator Marcelo Castro said on Wednesday that a constitutional amendment backed by President-elect Luiz Inacio Lula da Silva must exempt at least 100 billion reais ($19 billion) …
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Business News
Brazil central bank postpones higher capital requirements for fintechs to July 2023
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank on Friday announced the postponement of higher capital requirements for fintechs to July 2023, after establishing tougher rules for payment institutions based on their …
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Business News
Brazil spending waiver may trigger record debt, crimp monetary policy
by Reutersby ReutersBy Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s incoming government effort to exempt nearly 200 billion reais ($37 billion) of spending from a constitutional budget cap could push …
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Business News
Brazil VP-elect Alckmin vows debt reduction, seeks to appease markets
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s incoming government will be fiscally responsible, Vice President-elect Geraldo Alckmin said Thursday, promising a budget surplus and reduction in public debt in effort to quell market …
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By Alberto Alerigi SAO PAULO (Reuters) – Chinese automaker BYD Co Ltd will start selling two new electric vehicle models in Brazil this month, betting on favorable political and environmental …
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Business News
In Brazil, Lula aide seeks to delay Inter-American bank leader election
by Reutersby ReutersBy Marcela Ayres and Rodrigo Viga Gaier BRASÍLIA/RIO DE JANEIRO (Reuters) -An aide to Brazilian President-elect Luiz Inacio Lula da Silva wants to delay the Nov. 20 election for leader …
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Business News
Brazil cenbank chief says fiscal prudence central to inflation aims
by Reutersby ReutersBRASILIA (Reuters) -Brazil’s central bank chief Roberto Campos Neto emphatically defended the need for fiscal balance on Friday, following statements by leftist President-elect Luiz Inacio Lula da Silva that soured …
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US and World News
Bigger loans help Brazil bank Itau’s earnings outclass peers
by Reutersby ReutersSAO PAULO (Reuters) -Latin America’s biggest bank Itau Unibanco SA on Thursday posted a recurring net profit rise of 19%, outperforming other private Brazilian lenders as a larger loan book …
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US and World News
Brazil moves closer to China corn exports as Beijing approves traders
by Reutersby ReutersBy Dominique Patton and Ana Mano BEIJING/SAO PAULO (Reuters) -Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart …
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US and World News
Brazil vote ‘reinforces’ trust in democratic institutions – U.S. State Dept
by Reutersby ReutersWASHINGTON (Reuters) – The election in Brazil that saw leftist Luiz Inacio Lula da Silva elected for a third term as president reinforce trust in the country’s democratic institutions, U.S. …
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US and World News
Europe-listed Brazil stocks, Petrobras slip after Lula election win
by Reutersby ReutersLONDON (Reuters) – German-listed shares in Brazil’s state-run oil company Petrobras slipped more than 7% in early European trade after leftist leader Luiz Inacio Lula da Silva narrowly defeated President …
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US and World News
Brazil leftist Lula wins third presidential term to redeem tarnished legacy
by Reutersby ReutersBy Anthony Boadle BRASILIA (Reuters) – Brazilian leftist leader Luiz Inacio Lula da Silva won a third presidential term on Sunday in a remarkable comeback for the country’s first working …
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US and World News
Brazil central bank to roll over currency swaps expiring in December
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank on Thursday said it would hold auctions starting on Friday to roll over $15.1 billion in traditional currency swaps maturing on Dec. 1. The …
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US and World News
Brazil central govt posts better-than-expected primary surplus in September
by Reutersby ReutersBRASILIA (Reuters) -Brazil’s central government posted a better-than-expected primary budget surplus in September, Treasury data showed on Thursday, boosted by dividends from the state-owned oil company Petrobras and higher tax …
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US and World News
Bolsonaro shores up evangelical support in tight Brazil election
by Reutersby ReutersBy Brian Ellsworth and Fernando Cardoso SAO PAULO (Reuters) – Brazilian President Jair Bolsonaro heads into Sunday’s election with strong support among evangelical Christians, a key demographic that his rival …
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US and World News
Brazil central bank holds interest rates, eyes moderating growth
by Reutersby ReutersBy Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank on Wednesday held interest rates at a nearly six-year high for the second policy meeting in a row, noting that economic growth …
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US and World News
Analysis-Donations from Brazil farm sector boost Bolsonaro’s re-election bid
by Reutersby ReutersBy Nayara Figueiredo SAO PAULO (Reuters) – Agribusiness leaders contributed the lion’s share of financing for President Jair Bolsonaro’s re-election campaign, underscoring his close ties with farm interests, while his …
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SAO PAULO (Reuters) -Brazilian pulpmaker Suzano SA said on Monday it reached a deal to buy Kimberly-Clark’s tissue paper operations in the country. In a securities filing, Suzano said the …
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US and World News
Fiscal discipline ‘non-negotiable’ if Lula wins Brazil election -running mate
by Reutersby ReutersBRASILIA (Reuters) – Fiscal responsibility will not be negotiable if leftist leader Luiz Inacio Lula da Silva wins next Sunday’s presidential runoff vote, Lula’s running mate Geraldo Alckmin said on …
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Texas-style barbecue restaurant announces South America officially has the first of 110 locations! Dallas, TX (-) Dickey’s Barbecue Pit international expansion efforts are showing no signs of slowdown as the …
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Food & Dining
In Partnership with Givex, iFood Brazil Is Shaping the Brazilian Food Delivery Market with Superior Tech
Over the past two years, Givex has provided iFood with omnichannel integration support to grow its iFood Card program to 10 million cards sold and connect to over 150,000 POS …
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US and World News
Analysis-Lula, Bolsonaro and market look to cure Brazil consumer debt hangover
by Reutersby ReutersBy Tatiana Bautzer SAO PAULO (Reuters) – Both candidates in Brazil’s presidential runoff election this month have offered relief for unpaid debts weighing on family finances and hurting economic growth. …
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US and World News
Brazil seeks international support for IDB presidency, says Guedes
by Reutersby Reuters(Reuters) – Brazilian Economy Minister Paulo Guedes said the government is seeking international support for the country’s nominee to head the Inter-American Development Bank (IDB), expected to be presented in …