U.S. set to clear Paraguayan beef exports, says Brazil meatpacker
SAO PAULO (Reuters) – Brazilian meatpacker Minerva said on Monday it has been informed by Paraguayan authorities of the approval of a health protocol set …
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China’s CICC sees opportunity in Brazil, possible office
By Megan Davies and Echo Wang NEW YORK (Reuters) – Securities firm China International Capital Corp sees increased opportunities in Brazil for cross-border deals and …
GM employees return to work after 17-day strike in Brazil
SAO PAULO (Reuters) – Metalworkers at Brazilian plants of General Motors have decided to suspend a 17-day strike and returned to work on Wednesday after …
GM cancels 1,245 layoffs at factories in Brazil, union says
(Reuters) – General Motors will cancel 1,245 layoffs at its factories in Sao Jose dos Campos, Sao Caetano do Sul and Mogi das Cruzes in …
Brazil creates more formal jobs than expected in September
BRASILIA (Reuters) – Brazil created a net 211,764 formal jobs in September, official figures showed on Monday, slightly exceeding expectations as the labor market shows …
Brazil to slightly increase size of regional development fund
BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Monday that the government will raise the amount directed to a regional development fund in …
GM workers in Brazil go on strike in protest against layoffs
SAO PAULO (Reuters) – Metalworkers at Brazilian plants of General Motors have voted to go on strike starting Monday in protest against layoffs carried out …
Crunch time for Brazil ports as coffee flow hit, sugar vessels delayed
By Marcelo Teixeira (Reuters) – Brazil’s commodities export hubs are strained with record volumes of soy, corn and sugar to be moved at a time …
Brazil central bank director cites consensus on 50 bp rate cut pace going forward
BRASILIA (Reuters) – There was unanimity in the Brazil central bank’s latest policy decision that an interest-rate-cut pace of 50 basis points would be suitable …
Brazil shipping agents warn clients drought disrupting corn shipping on barges
By Ana Mano SAO PAULO (Reuters) – A severe drought is disrupting barge traffic on the Tapajos river in the Amazon rainforest, shipping agencies told …
Boeing opens tech center in Brazil, touting alternative fuels link
By Gabriel Araujo SAO JOSE DOS CAMPOS, Brazil (Reuters) – Boeing on Tuesday opened a technology and engineering center in Brazil, aiming to expand its …
Brazil central bank chief says governments must address fiscal issues to avoid market disruption
(Reuters) – Brazil’s central bank chief, Roberto Campos Neto, said on Tuesday that governments need to start addressing fiscal issues, noting a current lack of …
Top Treasury lawyer sees Brazil beating revenue outlook for tax disputes
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Nearly 40% of the extra revenue that Brazil’s government needs to erase its budget deficit next …
Heineken-owned brewery added to Brazil ‘slave labor’ list
By Lisandra Paraguassu and Fabio Teixeira BRASÍLIA / RIO DE JANEIRO (Reuters) – Brazilian brewery Kaiser, which is owned by Heineken, has been added to …
Brazil auto exports to plunge this year as Argentina crisis hits hard
By Alberto Alerigi SAO PAULO (Reuters) – Brazilian auto exports are set to plunge by double digits in 2023 when compared with the previous year, …
Sixteen arrested as police target Brazil and Europe cocaine gang
BRUSSELS (Reuters) – Sixteen people were arrested this week after international police forces targeted an organised crime group trafficking cocaine between Brazil and Europe, the …
Brazil cenbank chief says rate cut pace ‘appropriate’ for the moment
By Fabricio de Castro SAO PAULO (Reuters) – Brazil’s current pace of interest rate cuts is “appropriate” for the moment, central bank chief Roberto Campos …
Brazil September trade surplus hits record but misses expectations
BRASILIA (Reuters) – Brazil’s trade surplus reached a historic high for September, but fell slightly short of market estimates, according to government data released on …
Brazil airline Azul completes payment deal with lessors, OEMs
SAO PAULO (Reuters) – Brazilian airline Azul has completed restructuring obligations it had with most of its lessors and equipment manufacturers, part of a broader …
Sigma Lithium questions reporting on Brazil mineral rights ‘injunction’
By Fabio Teixeira RIO DE JANEIRO (Reuters) – Sigma Lithium on Friday challenged a Reuters report that a Brazilian court had imposed an “injunction” on …
Bar for speeding up Brazil rate cuts now a bit higher -central bank chief
BRASILIA (Reuters) – Brazil’s central bank governor said on Thursday that the bar for accelerating interest rate cuts is a little higher now, signaling policymakers …
Casas Bahia executive quits as crisis deepens at Brazil retailer
SAO PAULO (Reuters) – A top executive of Casas Bahia has decided to quit after less than five months on the job, deepening a corporate …
Brazil police carry out raids as part of Jan. 8 riots probe
SAO PAULO (Reuters) -Brazil’s federal police said on Wednesday they were carrying out fresh raids and arrests as part of an investigation into the Jan. …
Brazil to negotiate sale of Embraer C-390 aircraft to Sweden
RIO DE JANEIRO (Reuters) – Brazilian Defense Minister Jose Mucio said on Tuesday he will travel to Sweden next month to negotiate a potential sale …
Brazil, Mexico, India in good position to attract capital, says Haddad
SAO PAULO (Reuters) – Brazil, Mexico and India are some of the countries currently standing in a good position to attract investments, Brazilian Finance Minister …
Renault to maintain mixed ethanol combustion engines in Brazil
SAO PAULO (Reuters) – Renault will maintain production of ethanol-fueled combustion vehicles in Brazil, where nine in 10 cars are equipped to run on a …
Brazil courts foreign investment to expand rail and highways
By Catarina Demony and Lisandra Paraguassu LISBON (Reuters) – Brazil hopes to attract some 180 billion reais ($36.6 billion) of private investments in new rail …
Brazil requests US help for probes involving Bolsonaro, sources say
By Ricardo Brito and Lisandra Paraguassu BRASILIA (Reuters) – Brazil has formally requested U.S. law enforcement assistance into probes that involve former President Jair Bolsonaro …
Brazil government expects rates to fall by at least 50 bps -minister
BRASILIA (Reuters) – The Brazilian government expects cuts of at least 50 basis points in the central bank’s benchmark interest rate over the remaining three …
Brazil police investigating Bolsonaro ally Braga Netto -sources
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Walter Braga Netto, a close ally of former Brazilian President Jair Bolsonaro, is under federal investigation …
Lula says Putin would not be arrested in 2024 Brazil G20 meeting
(Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Saturday that Russian leader Vladimir Putin would not be arrested in Brazil if he …
Brazil rescues hundreds held in modern-day slave conditions
SAO PAULO (Reuters) – Brazilian authorities rescued 532 workers held in modern-day slavery in August, in the country’s largest joint operation of the kind, labor …
Brazil readies first ESG bond, eyes Sep-Nov window, official says
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government on Tuesday outlined plans for its first sustainable sovereign bond issuance in the next …
Brazil Congress proposes market regulations after Americanas scandal
BRASILIA (Reuters) – Federal lawmakers in Brazil suggested several measures to boost accountability in the financial market, a report showed on Monday, after retailer Americanas …
Brazil central bank applauds Lula’s budget bill, stresses fiscal improvement need
BRASILIA (Reuters) – Brazil’s top central bank officials on Friday praised the government’s commitment to eliminate the primary deficit in its 2024 budget, saying fiscal …
Brazil records trade surplus of nearly $9.8 billion in August
BRASILIA (Reuters) – Brazil posted a trade balance of of $9.767 billion in August, government data showed on Friday, above market estimates for a balance …
Brazil Burger King brand owner’s shareholders reject poison pill in win for Mubadala
SAO PAULO (Reuters) – Zamp, the owner of the Burger King brand in Brazil, said on Tuesday its shareholders rejected a proposal to include a …
Brazil forecasts revenue boost to wipe deficit in 2024
BRASILIA (Reuters) – Brazil’s government outlined an ambitious plan to rescue its public accounts from deficit which hinges on securing 168.5 billion reais ($34 billion) …
Mercosur reply on EU trade to be ready in September, Brazil minister tells farm caucus
BRASILIA (Reuters) – South American trade bloc Mercosur will have its counterproposal to a European Union addendum to their long-overdue trade accord ready in September, …
Brazil police kill two suspects of massacre in violent Bahia state
RIO DE JANEIRO (Reuters) – Police in the northeastern Brazilian state of Bahia killed two men suspected of involvement in the murder of nine people …
Brazil to tax closed-end, offshore funds
(Reuters) – Brazilian President Luiz Inacio Lula da Silva on Monday will sign an executive measure to tax closed-end funds and a bill to tax …
Lula says wants US investments in Brazil to drive energy transition
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday he hopes for the United States to want to invest in …
Brazil consumer prices up by more than expected in July
SAO PAULO (Reuters) – Brazil’s consumer prices as measured by the benchmark IPCA index rose more than expected in July, data from government statistics agency …
Brazil airline Azul narrows loss, beating forecasts; shares jump
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Azul on Thursday reported a narrower second-quarter loss, beating market expectations, and its shares jumped almost …
Clara moves headquarters to Brazil as ‘payment institution’ license secured
By Gabriel Araujo SAO PAULO (Reuters) – Fintech Clara is moving its headquarters from Mexico to Brazil after obtaining a central bank license to operate …
Boeing says Brazil could be top sustainable aviation fuel player
By Gabriel Araujo SAO PAULO (Reuters) – Brazil has the potential to become one of the major global players in sustainable aviation fuel (SAF), a …
Amazon set to launch credit card in Brazil with Bradesco
SAO PAULO (Reuters) – Amazon.com will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco Bradesco SA, the bank’s chief …
Brazil faces setbacks on push to erase budget deficit
By Bernardo Caram and Marcela Ayres BRASILIA (Reuters) – Delays and disappointments on revenue-boosting measures have made it harder for Brazil’s government to balance its …
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm – statement
DUBAI (Reuters) – Saudi Arabian Mining Company, known as Ma’aden, has agreed to acquire a 10% stake in Brazil’s base metals company Vale, it said …
Brazil set to kick off monetary easing with small rate cut on Aug 2: Reuters poll
By Luana Maria Benedito and Marcela Ayres SAO PAULO (Reuters) – Brazil’s central bank is poised for its first interest rate cut in three years …