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…
Bradesco CEO sees open window for Brazil IPOs in 2024
SAO PAULO (Reuters) – The new CEO of Brazilian lender Bradesco, Marcelo Noronha, sees an open window for public offerings in the country next year, he said on Monday, mentioning falling interest…
OECD urges Brazil to rein in required spending and lower trade barriers
BRASILIA (Reuters) – The Organization for Economic Cooperation and Development (OECD) urged Brazil on Monday to reconsider its mandatory expenditures and dismantle trade barriers in order to bolster the potential growth of…
US man accused of stabbings in Brazil jumps to death from hotel, police say
SAO PAULO (Reuters) -A U.S. citizen accused of trying to stab his girlfriend and a taxi driver in Brazil’s northeastern city of Salvador jumped to his death from a hotel room window…
Airlines urge Brazil, Petrobras to lower jet fuel prices
By Gabriel Araujo SAO PAULO (Reuters) – Airline lobby group IATA has urged the Brazilian government and state-run oil company Petrobras to tweak the way jet fuel is charged in the country…
Brazil urging Venezuela to avoid force or threats against Guyana, says Lula aide
By Anthony Boadle and Rodrigo Viga Gaier BRASILIA (Reuters) -Brazil rejects any use of force by Venezuela to occupy the Esequibo territory in Guyana and will urge the Caracas government not to…
Brazil reinforces border with Venezuela and Guyana over Esequibo tensions
BRASILIA (Reuters) – Brazil’s military is reinforcing its northern border due to rising tensions between its neighbors Venezuela and Guyana over Venezuela’s claim to the Esequibo region, the Ministry of Defense said…
Brazil central bank chief says bank’s autonomy challenges were overcome
BRASILIA (Reuters) – Brazil’s central bank chief, Roberto Campos Neto, said on Monday that the bank successfully overcame some challenges to its autonomy posed by the new administration of President Luiz Inacio…
Lula says Brazil never to be full member of OPEC+, only observer
By Jake Spring (Reuters) – Brazil will never join the OPEC+ group of oil-producing nations as a full member and instead only seeks to participate as an observer, Brazilian President Luiz Inacio…
Brazil to join OPEC+ but won’t cap oil output, Petrobras CEO says
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group’s coordinated output…
Brazil set to join OPEC+ from January, delegate says
(Reuters) – Brazil is set to join the OPEC+ group of oil-producing countries which includes Saudi Arabia and Russia from January, an OPEC+ delegate told Reuters on Thursday. (Reporting by Ahmad Ghaddar…
Brazil increases northern border military presence amid Venezuela-Guyana spat -ministry
BRASILIA (Reuters) – Brazil “has intensified defensive actions” along its northern border as it monitors a territorial dispute between its neighbors, Guyana and Venezuela, the country’s defense ministry said on Wednesday. “The…
Spain and Brazil leaders to discuss EU-Mercosur deal at COP – sources
MADRID/BRASILIA (Reuters) – Spanish Prime Minister Pedro Sanchez and Brazilian President Luiz Inacio Lula da Silva will meet at the COP28 climate conference in Dubai to discuss the conclusion of negotiations on…
Nestle to invest $1.2 billion in Brazil by 2025
SAO PAULO (Reuters) – Nestle said on Wednesday it will invest about 6 billion reais ($1.23 billion) in Brazil by the end of 2025 as it aims to grow its business and…
Venture capital firm NXTP to target Brazil, Mexico tech startups with $98 million fund
By Kylie Madry MEXICO CITY (Reuters) – Latin American venture capital firm NXTP has raised $98 million for a fund targeting technology startups largely in Brazil and Mexico, it said on Tuesday.…
Brazil readies measures to help sectors hit by veto on tax benefits
SAO PAULO (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Friday that the government will introduce measures to help the 17 sectors affected by a presidential veto of a bill aimed…
Brazil Senate votes to limit decisions by Supreme Court justices
By Anthony Boadle BRASILIA (Reuters) – Brazil’s Senate took the lead on Wednesday to curb what lawmakers see as judicial overreach by the country’s Supreme Court and passed a constitutional amendment that…
Soccer-Argentina hand Brazil third straight loss after crowd trouble at Maracana
By Fernando Kallas RIO DE JANEIRO (Reuters) – Nicolas Otamendi scored with a towering header to give Argentina a 1-0 away win over Brazil in a bad-tempered World Cup qualifier that was…
Brazil cenbank chief says external scenario has not affected FX, balance of risks
BRASILIA (Reuters) -Brazil’s central bank chief Roberto Campos Neto said on Friday that the increased level of concern among policymakers about the external scenario has not changed to the extent of altering…
Embraer celebrates as Brazil joins WTO civil aircraft agreement
SAO PAULO (Reuters) – Brazil joined the World Trade Organization’s agreement on trade in civil aircraft on Friday, a move that was celebrated by planemaker Embraer as the pact would ensure tariff-free…
Brazil to maintain target of zero fiscal deficit in 2024
BRASILIA (Reuters) – Brazil’s Institutional Relations Minister Alexandre Padilha said on Thursday there will be no initiative from the government to change its fiscal target, which currently foresees erasing the country’s fiscal…
Brazil food processor BRF widens net loss in Q3 on grain prices, chicken glut
By Ana Mano SAO PAULO (Reuters) -BRF SA, the Brazilian pork and poultry processor, widened its third-quarter loss from the year-ago period as it continued to deal with a chicken oversupply while…
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 to open the U.S. market for Paraguayan…
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 may consider opening an office in the…
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 a reaching an agreement with the company,…
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 the state of Sao Paulo, the union…
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