Brazil court fines Apple, orders to sell iPhone with charger
SAO PAULO (Reuters) – A Brazilian court on Thursday fined Apple Inc 100 million reais ($19 million) and ruled that battery chargers must come with …
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Lula plans broad Brazil consumer debt renegotiation, adviser says
By Marcela Ayres BRASILIA (Reuters) – Brazilian presidential candidate Luiz Inacio Lula da Silva has proposed a broad consumer debt renegotiation program backed by government …
Brazil’s Guedes says IMF overlooked inflation surge, praises Brazil for ‘acting early’
BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes criticized the International Monetary Fund for failing to spot surging inflation, saying it led to “misguided” advice, …
Consumer prices in Brazil down for the third month on lower fuel costs
SAO PAULO (Reuters) – Brazil’s consumer prices were in deflationary territory for the third month in a row in September, data from government statistics agency …
Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy?
By Bernardo Caram BRASILIA (Reuters) – Both of Brazil’s presidential candidates, President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, have proposed changes …
Brazil state bank to fund Embraer aircraft exports to SkyWest
RIO DE JANEIRO (Reuters) – Brazilian state development bank BNDES and planemaker Embraer SA have entered a deal for the lender to fund exports of …
Goldman Sachs appoints Cristina Estrada as Brazil investment banking co-head
SAO PAULO (Reuters) – Goldman Sachs has appointed Cristina Estrada, current COO of Latin America Financing Group, as co-head of investment banking in Brazil, according …
Petrobras taps Brazil Treasury official for executive post, sources say
By Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Brazilian Treasury official Esteves Colnago has been tapped for a position on the executive board of …
Brazil real set for bumpy ride ahead of presidential vote runoff: Reuters poll
By 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 …
Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy?
By Bernardo Caram BRASILIA (Reuters) – Both of Brazil’s presidential candidates, President Jair Bolsonaro and former President Luiz Inacio Lula da Silva, have proposed changes …
Brazil run-off likely to be a close race, says Moody’s
(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 …
Analysis-Turnout key for Lula to clinch Brazil election in first round
By Anthony Boadle BRASILIA (Reuters) – Brazilian presidential front-runner Luiz Inacio Lula da Silva has gained steam in the final stretch of the campaign, opinion …
Analysis-Investors confident in Brazil staying the course after election
By 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 …
Brazil more competitive than U.S. to ship soy to China, Rumo CEO says
By Roberto Samora SAO PAULO (Reuters) – Brazil, the world’s biggest soybeans supplier, has overtaken rival United States as the most competitive shipper of the …
Brazil govt says country created 278,639 net formal jobs in August, above expectations
BRASILIA (Reuters) – Brazil created more formal jobs than expected in August, official data showed on Thursday, continuing a sequence of positive data that has …
Brazil central bank says a final interest hike was widely debated
BRASILIA (Reuters) – Brazil’s central bank highlighted on Tuesday the lack of consensus among policymakers for its decision last week to pause an aggressive monetary …
Brazil does not need to fear recession abroad, strong dollar, says Guedes
(Reuters) – Brazilian Economy Minister Paulo Guedes said on Monday that the country need not to fear recession abroad or a stronger dollar, arguing that …
Lula slightly boosts lead over Bolsonaro ahead of Brazil first round -poll
SAO 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 …
Brazil government projects 2022 primary surplus of $2.6 billion, first in nine years
BRASILIA (Reuters) – Brazil’s government estimated on Thursday it will post a primary surplus this year, the first since 2013, with public accounts benefiting from …
Brazil startups expected to reduce cash burn as available capital shrinks – survey
By Tatiana Bautzer SAO PAULO (Reuters) – Founders of Brazilian unicorns, startups valued above $1 billion, believe most startups will adjust their businesses to reduce …
Lula maintains large lead over Bolsonaro ahead of Brazil election -poll
SAO PAULO (Reuters) -Brazil presidential candidate Luiz Inacio Lula da Silva slightly extended his lead over President Jair Bolsonaro less than two weeks before the …
Brazil institutions ready to confront Bolsonaro if he contests election result
By Anthony Boadle and Ricardo Brito BRASILIA (Reuters) – As President Jair Bolsonaro lays the groundwork to contest a potential defeat in an October election, …
Lula campaign mulls new mining royalties in Brazil, spooking industry
By Rafaella Barros RIO DE JANEIRO (Reuters) – Brazilian presidential frontrunner Luiz Inacio Lula da Silva is considering raising royalties on certain mining projects if …
Investment banks in Brazil focus on debt in the short term -Bradesco BBI
By Tatiana Bautzer SAO PAULO (Reuters) – Investment banks in Brazil are focusing on debt issuance through the third quarter, an area that kept strong …
Brazil central bank set to keep rates at cycle high of 13.75% next week – Reuters poll
By 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 …
Lula’s lead over Bolsonaro edges higher ahead of Brazil election – Datafolha poll
RIO DE JANEIRO (Reuters) -Brazil’s presidential hopeful Luiz Inacio Lula da Silva leads incumbent Jair Bolsonaro by 12 points, a Thursday poll showed, while the …
Lula’s lead over Bolsonaro slips 2 points for Brazil election -poll
SAO PAULO (Reuters) – Former Brazilian President Luiz Inacio Lula da Silva’s lead over incumbent President Jair Bolsonaro has narrowed to 8 percentage points from …
Brazil services activity up 1.1% in July, beats expectations
SAO PAULO (Reuters) – Services activity in Brazil rose 1.1% in July from June, the country’s statistics agency IBGE said on Tuesday, above the median …
Brazil posts deflation in August as fuel prices fall
By Peter Frontini SAO PAULO (Reuters) – Brazilian consumer prices decreased 0.36% in August, marking the second consecutive month of deflation as fuel prices dip, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …