Brazil authorities open investigations into boat with decomposed bodies
SAO PAULO (Reuters) – The Brazilian federal prosecutors office and Para state’s federal police said in statements on Saturday that they will open investigations following reports of a boat found with decomposed…
Lula may tap running mate to head Brazil economic policy, aides say
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Former Brazilian President Luiz Inacio Lula da Silva could tap his centrist running mate and former rival, Geraldo Alckmin, to run economic policy…
Brazil broker Avenue aims for 1 million clients after Itau deal
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian brokerage Avenue Holdings Inc expects to reach the 1 million customer mark soon, an executive said, after Brazil’s largest private lender Itau Unibanco agreed…
Investors must wait for Brazil election for fiscal clarity -Credit Suisse executive
By Paula Arend Laier SAO PAULO (Reuters) – Investors seeking clarity about the future of Brazil’s fiscal policy from 2023 on must wait for the outcome of October’s presidential election, said the…
Brazil cenbank not focussed on monetary easing now, says governor
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said that policymakers aren’t focusing on monetary easing at the moment as the priority remains on bringing back inflation to the official…
Brazil posts trade surplus of $4.165 billion in August, above expected
(Reuters) – Brazil posted an above-expected trade surplus of $4.165 billion in August, government data showed on Thursday, recording growth in exports, but with imports again advancing at a higher pace. According…
Lula eyes gradual boost to Brazil welfare program, says aide
By Lisandra Paraguassu BRASILIA (Reuters) – Brazilian presidential frontrunner Luiz Inacio Lula da Silva is looking to gradually boost the country’s main welfare program, starting with an extra 18 billion reais ($3.47…
Brazil personal care firm MPM announces capital increase of up to $44 million
SAO PAULO (Reuters) – Brazilian personal care services provider MPM Corporeos SA, popularly known for its Espacolaser depilation brand, announced late on Tuesday a new capital increase to raise up to 225…
Brazil 2023 budget bill to lower welfare program but will indicate gov’t intention to increase it -sources
By Bernardo Caram BRASILIA (Reuters) – Brazil’s 2023 budget bill to be sent to Congress on Wednesday should lower the Auxílio Brasil welfare program to 400 reais per family, but a presidential…
Bolsonaro and Lula face off in Brazil presidential debate
SAO PAULO (Reuters) – Brazil’s main presidential candidates took their gloves off on Sunday and laid into each other in the first presidential debate for the October general election with accusations of…
Brazil posts biggest current account deficit for May in eight years
BRASILIA (Reuters) – Brazil posted a current account deficit of $3.5 billion in May, the worst result for the month in eight years, amid trade balance weakening, central bank figures showed on…
After “aggressive” hikes, Brazil cenbank must stay vigilant, says head
BRASILIA (Reuters) – Brazil’s central bank has been “quite aggressive” in raising interest rates, with much of that policy shift still to impact the economy, its head said on Friday, cautioning that…
New web-based poll predicts tighter Brazil presidential race
BRASILIA (Reuters) – A new poll using data collected from the internet predicted on Thursday a narrowing presidential race in Brazil, with leftist front-runner Luiz Inacio Lula da Silva just 8.4 percentage…
U.N.’s Bachelet condemns Brazil rights abuses, president’s rally against judiciary
GENEVA (Reuters) – The United Nation’s Human Rights High Commissioner Michelle Bachelet on Thursday condemned Brazilian President Jair Bolsonaro’s upcoming rally against judicial institutions, and said the country’s human rights situation is…
Dickey’s Barbecue Pit Competes for Best Barbecue Title in Brazil
Texas-style BBQ restaurant earns second place at Brazilian barbecue cookoff featuring restaurants from around the world Dallas, TX (PRESS RELEASE) What happens when Legit. Texas. Barbecue.™ goes to Brazil and competes in…
Brazil too important a food producer to depend on fertilizer imports, industry says
By Ana Mano SAO PAULO (Reuters) – Global fertilizer companies operating in Brazil can increase local output of important crop nutrients if the government continues to improve the regulatory framework for the…
Bolt, Orion-E to build solar plants in Brazil for about $630 million
SAO PAULO (Reuters) – Energy infrastructure company Orion-E has reached an agreement with energy trader Bolt to build solar photovoltaic plants in Brazil with a combined capacity of 500 megawatts (MW), a…
Brazil telecom towers auction expected to draw U.S. bids – report
SAO PAULO (Reuters) – American Tower Corp and IHS Holding may bid for 8,000 towers put on sale by Brazilian telecoms firm Oi SA in an auction in which infrastructure group Highline…
Brazil 2022 trade surplus outlook dims, but record still in reach
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s trade surplus this year is likely to fall short of prior forecasts, according to private economists and an Economy Ministry official, as…
Brazil economic activity much brisker than expected in June
BRASILIA – Economic activity in Brazil rose more than expected in June, a central bank index showed on Monday, contributing to a second-quarter rally helped by a service sector rebound following the…
Votorantim and Temasek launch $700 million fund to invest in Brazil
SAO PAULO – Brazil’s Votorantim group and Singapore’s Temasek Holdings teamed up to launch a $700 million fund to invest in Brazilian companies, they said in a joint statement on Tuesday. The…
Exclusive: Deezer to begin German expansion using Brazil, France model – CEO
By Steven Grattan SAO PAULO – French music-streaming platform Deezer SA will begin its German operation in the coming weeks as the newly public listed company pushes its market expansion plans with…
Brazil fertilizer deliveries to stabilize or fall as cost woes weigh – Yara executive
By Ana Mano SAO PAULO – Fertilizer deliveries to Brazilian farmers will stabilize or fall in 2022, an executive at Norway’s Yara [YAR.OL], a major supplier, told Reuters on Thursday, citing a…
Brazil posts $5.4 billion trade surplus in July, lower than expected
BRASILIA – Brazil posted a lower than expected trade surplus of $5.444 billion in July, official data showed on Monday, with growth in imports again strongly outpacing that of exports. The figure…
Brazil central bank to raise rates by 50 bps on Aug. 3: Reuters poll
By Valentine Hilaire MEXICO CITY – Brazil’s central bank will hike its key rate by 50 basis points next week, a Reuters poll showed on Friday, matching an increase at its last…
Brazil inflation data paints rosier picture after fuel tax cuts
By Gabriel Araujo SAO PAULO – Brazilian consumer prices increased slightly less than expected in the month to mid-July, the country’s statistics agency said on Tuesday, posting the lowest monthly increase in…
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