SAO PAULO (Reuters) – A Brazilian court on Thursday fined Apple Inc 100 million reais ($19 million) and ruled that battery chargers must come with new iPhones sold in the …
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US and World News
Lula plans broad Brazil consumer debt renegotiation, adviser says
by Reutersby ReutersBy Marcela Ayres BRASILIA (Reuters) – Brazilian presidential candidate Luiz Inacio Lula da Silva has proposed a broad consumer debt renegotiation program backed by government guarantees, aimed at relief for …
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US and World News
Brazil’s Guedes says IMF overlooked inflation surge, praises Brazil for ‘acting early’
by Reutersby ReutersBRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes criticized the International Monetary Fund for failing to spot surging inflation, saying it led to “misguided” advice, in contrast to early action …
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US and World News
Consumer prices in Brazil down for the third month on lower fuel costs
by Reutersby ReutersSAO PAULO (Reuters) – Brazil’s consumer prices were in deflationary territory for the third month in a row in September, data from government statistics agency IBGE showed on Tuesday, still …
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US and World News
Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy?
by Reutersby ReutersBy Bernardo Caram BRASILIA (Reuters) – Both of Brazil’s presidential candidates, President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, have proposed changes to the constitutional spending limit …
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US and World News
Brazil state bank to fund Embraer aircraft exports to SkyWest
by Reutersby ReutersRIO DE JANEIRO (Reuters) – Brazilian state development bank BNDES and planemaker Embraer SA have entered a deal for the lender to fund exports of six E-175 jets to U.S.-based …
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US and World News
Goldman Sachs appoints Cristina Estrada as Brazil investment banking co-head
by Reutersby ReutersSAO PAULO (Reuters) – Goldman Sachs has appointed Cristina Estrada, current COO of Latin America Financing Group, as co-head of investment banking in Brazil, according to an internal memo seen …
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US and World News
Petrobras taps Brazil Treasury official for executive post, sources say
by Reutersby ReutersBy Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of Petrobras, two sources told Reuters …
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US and World News
Brazil real set for bumpy ride ahead of presidential vote runoff: Reuters poll
by Reutersby ReutersBy Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s real is set for a bumpy ride ahead of the country’s election runoff later this month, as political tensions simmer following a …
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US and World News
Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy?
by Reutersby ReutersBy Bernardo Caram BRASILIA (Reuters) – Both of Brazil’s presidential candidates, President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, have proposed changes to the constitutional spending limit …
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(Reuters) – Moody’s rating agency said on Monday that the results of Brazil’s election on Sunday indicate a tight race in the run-off between President Jair Bolsonaro and former President …
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US and World News
Analysis-Turnout key for Lula to clinch Brazil election in first round
by Reutersby ReutersBy Anthony Boadle BRASILIA (Reuters) – Brazilian presidential front-runner Luiz Inacio Lula da Silva has gained steam in the final stretch of the campaign, opinion polls show, and could defeat …
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US and World News
Analysis-Investors confident in Brazil staying the course after election
by Reutersby ReutersBy Rodrigo Campos NEW YORK (Reuters) – A leftist former union leader is on track to replace Brazil’s right-wing president and tear up the most important fiscal rule in the …
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US and World News
Brazil more competitive than U.S. to ship soy to China, Rumo CEO says
by Reutersby ReutersBy Roberto Samora SAO PAULO (Reuters) – Brazil, the world’s biggest soybeans supplier, has overtaken rival United States as the most competitive shipper of the oilseed to top importer China, …
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US and World News
Brazil govt says country created 278,639 net formal jobs in August, above expectations
by Reutersby ReutersBRASILIA (Reuters) – Brazil created more formal jobs than expected in August, official data showed on Thursday, continuing a sequence of positive data that has been fueling the economy. According …
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US and World News
Brazil central bank says a final interest hike was widely debated
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s central bank highlighted on Tuesday the lack of consensus among policymakers for its decision last week to pause an aggressive monetary policy cycle, noting that a …
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US and World News
Brazil does not need to fear recession abroad, strong dollar, says Guedes
by Reutersby Reuters(Reuters) – Brazilian Economy Minister Paulo Guedes said on Monday that the country need not to fear recession abroad or a stronger dollar, arguing that Latin America’s largest economy has …
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US and World News
Lula slightly boosts lead over Bolsonaro ahead of Brazil first round -poll
by Reutersby ReutersSAO PAULO (Reuters) -Brazil’s presidential frontrunner Luiz Inacio Lula da Silva slightly boosted his lead over incumbent President Jair Bolsonaro to 14 percentage points in a poll published on Thursday …
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US and World News
Brazil government projects 2022 primary surplus of $2.6 billion, first in nine years
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s government estimated on Thursday it will post a primary surplus this year, the first since 2013, with public accounts benefiting from booming tax revenue and hefty …
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US and World News
Brazil startups expected to reduce cash burn as available capital shrinks – survey
by Reutersby ReutersBy Tatiana Bautzer SAO PAULO (Reuters) – Founders of Brazilian unicorns, startups valued above $1 billion, believe most startups will adjust their businesses to reduce cash burn amid a drop …
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US and World News
Lula maintains large lead over Bolsonaro ahead of Brazil election -poll
by Reutersby ReutersSAO PAULO (Reuters) -Brazil presidential candidate Luiz Inacio Lula da Silva slightly extended his lead over President Jair Bolsonaro less than two weeks before the South American country’s election, a …
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US and World News
Brazil institutions ready to confront Bolsonaro if he contests election result
by Reutersby ReutersBy Anthony Boadle and Ricardo Brito BRASILIA (Reuters) – As President Jair Bolsonaro lays the groundwork to contest a potential defeat in an October election, Brazil’s courts, congressional leadership, business …
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US and World News
Lula campaign mulls new mining royalties in Brazil, spooking industry
by Reutersby ReutersBy Rafaella Barros RIO DE JANEIRO (Reuters) – Brazilian presidential frontrunner Luiz Inacio Lula da Silva is considering raising royalties on certain mining projects if elected, a campaign adviser told …
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US and World News
Investment banks in Brazil focus on debt in the short term -Bradesco BBI
by Reutersby ReutersBy Tatiana Bautzer SAO PAULO (Reuters) – Investment banks in Brazil are focusing on debt issuance through the third quarter, an area that kept strong activity even with higher interest …
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US and World News
Brazil central bank set to keep rates at cycle high of 13.75% next week – Reuters poll
by Reutersby ReutersBy Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its benchmark rate at a cycle high of 13.75% on Wednesday and is likely to stick …