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brazil

Brazil must ‘combat terrorism,’ top court justice says after capital riots

January 10, 2023January 10, 2023
Brazil must 'combat terrorism,' top court justice says after capital riots - photo licensed by shore news network.

BRASILIA (Reuters) – Brazilian Supreme Court Justice Alexandre de Moraes said on Tuesday the country must firmly combat “terrorism” and “anti-democratic people attempting a coup” …

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Bolsonaro did not seek Italian citizenship, Rome says after Brazil violence

January 10, 2023January 10, 2023
Bolsonaro did not seek italian citizenship, rome says after brazil violence - photo licensed by shore news network.

By Crispian Balmer and Francesca Piscioneri ROME (Reuters) – Former Brazilian President Jair Bolsonaro has not requested Italian citizenship and probably would not get it …

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‘Why Can’t It Happen Elsewhere?’: NYT Reporter Blames Trump For Brazil Riot

January 9, 2023
‘why can’t it happen elsewhere? ’: nyt reporter blames trump for brazil riot - photo licensed by shore news network.

‘Why Can’t It Happen Elsewhere?’: NYT Reporter Blames Trump For Brazil Riot Harold Hutchison on January 9, 2023 A New York Times reporter blamed former …

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Lula, Biden discuss attacks on Brazil govt buildings over phone

January 9, 2023January 9, 2023
Lula, biden discuss attacks on brazil govt buildings over phone - photo licensed by shore news network.

BRASILIA (Reuters) – Brazil’s President Luiz Inacio Lula da Silva spoke over the phone on Monday with U.S. President Joe Biden about the invasion of …

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Chile, Colombia call for extraordinary OAS meeting after Brazil riots

January 9, 2023
Chile, colombia call for extraordinary oas meeting after brazil riots - photo licensed by shore news network.

SANTIAGO (Reuters) – Chilean President Gabriel Boric called for an extraordinary meeting of the Organization of American States (OAS) on Monday to address riots in …

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Biden condemns ‘assault on democracy’ in Brazil

January 8, 2023January 8, 2023
Biden condemns 'assault on democracy' in brazil - photo licensed by shore news network.

WASHINGTON (Reuters) -U.S. President Joe Biden on Sunday condemned “the assault on democracy” in Brazil after supporters of far-right former President Jair Bolsonaro invaded the …

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Brazil real to remain under pressure as fiscal changes weigh – Reuters poll

January 6, 2023January 6, 2023
Brazil real to remain under pressure as fiscal changes weigh - reuters poll - photo licensed by shore news network.

By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s real will stay under pressure while the new government mulls fiscal reforms to allow for higher welfare …

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Bolivia’s Arce hopes to mend ties with Brazil as Lula takes office

January 2, 2023January 2, 2023
Bolivia's arce hopes to mend ties with brazil as lula takes office - photo licensed by shore news network.

LA PAZ (Reuters) – Bolivia’s President Luis Arce said on Monday he hopes Brazil’s new president, Luiz Inacio Lula da Silva, will help improve diplomatic …

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Brazil posts record trade surplus of $62.3 billion in 2022

January 2, 2023
Brazil posts record trade surplus of $62. 3 billion in 2022 - photo licensed by shore news network.

BRASILIA (Reuters) – Brazil posted a $62.3 billion trade surplus in 2022, official data showed on Monday, a record in the series started in 1989. …

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Brazil acting president hits out at ‘silent’ Bolsonaro in New Year speech

December 31, 2022
Brazil acting president hits out at 'silent' bolsonaro in new year speech - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazil’s acting president, Hamilton Mourao, on Saturday criticized outgoing far-right leader Jair Bolsonaro for allowing anti-democratic sentiment to thrive in the …

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Bolsonaro’s call to arms inspired foiled Brazil bomb plot, police are told

December 26, 2022
Bolsonaro's call to arms inspired foiled brazil bomb plot, police are told - photo licensed by shore news network.

By Andre Romani and Gabriel Stargardter BRASILIA (Reuters) – A man arrested for attempting to set off a bomb in protest against Brazil’s election result …

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Honeywell UOP to pay over $160M to resolve foreign bribery investigations in U.S. and Brazil

December 19, 2022
Honeywell uop to pay over $160m to resolve foreign bribery investigations in u. S. And brazil - photo licensed by shore news network.

HOUSTON – UOP LLC, dba as Honeywell UOP, a U.S.-based subsidiary of Honeywell International Inc., has agreed to pay more than $160 million to resolve …

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Eletrobras, Shell mull co-investment in Brazil offshore wind power

December 15, 2022December 15, 2022
Eletrobras, shell mull co-investment in brazil offshore wind power - photo licensed by shore news network.

SAO PAULO (Reuters) – Brazilian power company Eletrobras said on Thursday it has signed a cooperation agreement with Shell as they exchange information for a …

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Brazil central bank to launch its digital currency in 2024

December 13, 2022
Brazil central bank to launch its digital currency in 2024 - photo licensed by shore news network.

BRASILIA (Reuters) – Brazil’s central bank aims to launch its digital currency in 2024 after a closed pilot program next year with financial institutions, bank …

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Miner BHP accused of delaying $6 billion-plus Brazil dam case

December 13, 2022
Miner bhp accused of delaying $6 billion-plus brazil dam case - photo licensed by shore news network.

By Sam Tobin LONDON (Reuters) – Global mining giant BHP Group was on Tuesday accused of trying to “forever put off” the question of liability …

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Brazil central bank grants Google Pay payment institution status

December 8, 2022
Brazil central bank grants google pay payment institution status - photo licensed by shore news network.

SAO PAULO (Reuters) – Alphabet’s Google Pay has received approval to operate as a payment institution in Brazil, Latin America’s largest economy, the country’s official …

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Musk says ‘possible’ that Twitter gave preference to leftists during Brazil election

December 11, 2022December 3, 2022
Musk says 'possible' that twitter gave preference to leftists during brazil election - photo licensed by shore news network.

SAO PAULO (Reuters) – Twitter owner Elon Musk said on Saturday he thought it was “possible” that personnel at the social media firm gave preference …

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Brazil treasury official Colnago submits resignation -ministry

December 2, 2022

BRASILIA (Reuters) -Brazil’s Special Treasury and Budget Secretary Esteves Colnago submitted his resignation, the Economy Ministry said on Friday, a month before the usual turnover …

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Brazil industrial output rises in October but near-term outlook remains cloudy

December 2, 2022
Brazil industrial output rises in october but near-term outlook remains cloudy - photo licensed by shore news network.

SAO PAULO (Reuters) – Industrial production in Brazil rose 0.3% in October from September, government statistics agency IBGE said on Friday, returning to positive territory …

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Brazil posts record trade surplus for November boosted by sales to China

December 1, 2022December 1, 2022
Brazil posts record trade surplus for november boosted by sales to china - photo licensed by shore news network.

BRASILIA (Reuters) – Brazil posted a record trade surplus for November, official data showed on Thursday, driven by booming exports, with emphasis on sales to …

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Brazil central govt posts primary budget surplus of $5.8 billion in October

November 29, 2022November 29, 2022
Brazil central govt posts primary budget surplus of $5. 8 billion in october - photo licensed by shore news network.

BRASILIA (Reuters) – Brazil’s central government posted a primary budget surplus of 30.8 billion reais ($5.8 billion) in October, Treasury data showed on Tuesday, above …

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Brazil stocks set to rally 13% by end-2023 despite policy uncertainty: Reuters poll

November 29, 2022
Brazil stocks set to rally 13% by end-2023 despite policy uncertainty: reuters poll - photo licensed by shore news network.

By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazil stocks will rally by double-digits through end-2023, despite uncertainty about new government policies …

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Credit default ratio in Brazil hits highest in almost 4 years

November 28, 2022November 28, 2022
Credit default ratio in brazil hits highest in almost 4 years - photo licensed by shore news network.

BRASILIA (Reuters) – A broad measure of Brazilian consumer and business credit default ratios rose in October to its highest level in almost four years, …

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Brazil to allow credit fintechs to initiate payment transactions

November 25, 2022November 25, 2022

BRASILIA (Reuters) -Brazil’s National Monetary Council on Friday decided to allow credit fintechs to initiate payment transactions, the central bank said, a move that will …

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Leonardo, Iveco win Brazil order worth up to 2 billion euros, Italy’s defence minister says

November 25, 2022
Leonardo, iveco win brazil order worth up to 2 billion euros, italy's defence minister says - photo licensed by shore news network.

MILAN (Reuters) -A consortium of defence group Leonardo and commercial vehicle maker Iveco has won an order to supply Brazil’s army with 220 armoured vehicles …

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Three killed, at least eight injured in Brazil school shooting

November 25, 2022

SAO PAULO (Reuters) – Three people were killed and at least eight injured on Friday when a shooter opened fire at two schools in the …

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Brazil posts current account deficit of $4.6 billion in October

November 25, 2022November 25, 2022
Brazil posts current account deficit of $4. 6 billion in october - photo licensed by shore news network.

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 …

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Key Brazil senator pushing to waive at least $19 billion from spending cap

November 23, 2022November 23, 2022
Key brazil senator pushing to waive at least $19 billion from spending cap - photo licensed by shore news network.

BRASILIA (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 …

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Brazil central bank postpones higher capital requirements for fintechs to July 2023

November 18, 2022November 18, 2022
Brazil central bank postpones higher capital requirements for fintechs to july 2023 - photo licensed by shore news network.

BRASILIA (Reuters) – Brazil’s central bank on Friday announced the postponement of higher capital requirements for fintechs to July 2023, after establishing tougher rules for …

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Brazil spending waiver may trigger record debt, crimp monetary policy

November 18, 2022November 18, 2022
Brazil spending waiver may trigger record debt, crimp monetary policy - photo licensed by shore news network.

By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s incoming government effort to exempt nearly 200 billion reais ($37 billion) of spending from a …

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Brazil VP-elect Alckmin vows debt reduction, seeks to appease markets

November 17, 2022November 17, 2022
Brazil vp-elect alckmin vows debt reduction, seeks to appease markets - photo licensed by shore news network.

BRASILIA (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 …

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China’s BYD expands electric vehicle operation in Brazil

November 17, 2022
China's byd expands electric vehicle operation in brazil - photo licensed by shore news network.

By Alberto Alerigi SAO PAULO (Reuters) – Chinese automaker BYD Co Ltd will start selling two new electric vehicle models in Brazil this month, betting …

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In Brazil, Lula aide seeks to delay Inter-American bank leader election

November 11, 2022

By 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 …

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Brazil cenbank chief says fiscal prudence central to inflation aims

November 11, 2022
Brazil cenbank chief says fiscal prudence central to inflation aims - photo licensed by shore news network.

BRASILIA (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 …

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Bigger loans help Brazil bank Itau’s earnings outclass peers

November 10, 2022November 10, 2022
Bigger loans help brazil bank itau's earnings outclass peers - photo licensed by shore news network.

SAO 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 …

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Brazil moves closer to China corn exports as Beijing approves traders

November 2, 2022
Brazil moves closer to china corn exports as beijing approves traders - photo licensed by shore news network.

By 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 …

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Brazil vote ‘reinforces’ trust in democratic institutions – U.S. State Dept

October 31, 2022October 31, 2022
Brazil vote 'reinforces' trust in democratic institutions - u. S. State dept - photo licensed by shore news network.

WASHINGTON (Reuters) – The election in Brazil that saw leftist Luiz Inacio Lula da Silva elected for a third term as president reinforce trust in …

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Europe-listed Brazil stocks, Petrobras slip after Lula election win

October 31, 2022October 31, 2022
Europe-listed brazil stocks, petrobras slip after lula election win - photo licensed by shore news network.

LONDON (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 …

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Brazil leftist Lula wins third presidential term to redeem tarnished legacy

October 31, 2022October 31, 2022
Brazil leftist lula wins third presidential term to redeem tarnished legacy - photo licensed by shore news network.

By Anthony Boadle BRASILIA (Reuters) – Brazilian leftist leader Luiz Inacio Lula da Silva won a third presidential term on Sunday in a remarkable comeback …

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Brazil central bank to roll over currency swaps expiring in December

October 27, 2022
Brazil central bank to roll over currency swaps expiring in december - photo licensed by shore news network.

BRASILIA (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 …

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Brazil central govt posts better-than-expected primary surplus in September

October 27, 2022October 27, 2022

BRASILIA (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 …

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Bolsonaro shores up evangelical support in tight Brazil election

October 27, 2022
Bolsonaro shores up evangelical support in tight brazil election - photo licensed by shore news network.

By Brian Ellsworth and Fernando Cardoso SAO PAULO (Reuters) – Brazilian President Jair Bolsonaro heads into Sunday’s election with strong support among evangelical Christians, a …

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Brazil central bank holds interest rates, eyes moderating growth

October 26, 2022October 26, 2022
Brazil central bank holds interest rates, eyes moderating growth - photo licensed by shore news network.

By 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 …

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Analysis-Donations from Brazil farm sector boost Bolsonaro’s re-election bid

October 26, 2022
Analysis-donations from brazil farm sector boost bolsonaro's re-election bid - photo licensed by shore news network.

By 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 …

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Suzano to buy Kimberly-Clark’s tissue assets in Brazil

October 24, 2022October 24, 2022
Suzano to buy kimberly-clark's tissue assets in brazil - photo licensed by shore news network.

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 …

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Fiscal discipline ‘non-negotiable’ if Lula wins Brazil election -running mate

October 24, 2022October 24, 2022
Fiscal discipline 'non-negotiable' if lula wins brazil election -running mate - photo licensed by shore news network.

BRASILIA (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 …

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Dickey’s Barbecue Pit Opens in Sao Paulo, Brazil

October 22, 2022
Dickey’s barbecue pit opens in sao paulo, brazil - photo licensed by shore news network.

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 …

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In Partnership with Givex, iFood Brazil Is Shaping the Brazilian Food Delivery Market with Superior Tech

October 22, 2022
In partnership with givex, ifood brazil is shaping the brazilian food delivery market with superior tech - photo licensed by shore news network.

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 …

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Analysis-Lula, Bolsonaro and market look to cure Brazil consumer debt hangover

October 17, 2022
Analysis-lula, bolsonaro and market look to cure brazil consumer debt hangover - photo licensed by shore news network.

By Tatiana Bautzer SAO PAULO (Reuters) – Both candidates in Brazil’s presidential runoff election this month have offered relief for unpaid debts weighing on family …

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Brazil seeks international support for IDB presidency, says Guedes

October 15, 2022October 15, 2022
Brazil seeks international support for idb presidency, says guedes - photo licensed by shore news network.

(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), …

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