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 …
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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 …
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 …
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 …
Brazil government improves primary budget deficit forecast for 2022
BRASILIA – Brazil’s government projected a lower primary budget deficit this year, official figures showed on Friday, with a booming tax collection helping to improve …
Lula advisers draft plans for more aggressive Brazil FX policy
By Marcela Ayres and Bernardo Caram BRASILIA – Economic advisers to Brazil’s leading presidential candidate are drafting plans for a more aggressive foreign exchange policy, …
Nutrien buys Casa do Adubo to expand retail presence in Brazil
(Reuters) – Top fertilizer maker Nutrien Ltd on Wednesday agreed to acquire Casa do Adubo S.A., as part of its ambitions to expand its Brazilian …
Guedes says world is entering stagflation period, Brazil is heading in opposite direction
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Monday that the global economy is entering a stagflation period, which will be “much more serious” …
Brazil Congress approves major spending bill, lifting Bolsonaro re-election hopes
BRASILIA – Brazil’s Congress on Wednesday approved a major spending package that President Jair Bolsonaro is banking on to lift his flagging re-election hopes, despite …
Analysis: Lula in flak jacket, Brazil on edge as political killing mars campaign
By Lisandra Paraguassu and Gram Slattery BRASILIA – The shooting over the weekend of an official in Brazil’s leftist Workers’ Party (PT) by a supporter …
Brazil services activity grows 0.9% in May, higher than expected
BRASILIA – Services activity in Brazil resumed growth in May and at a faster-than-expected pace, benefiting from the normalization of activities after the severe impact …
Brazil automakers association lowers forecasts for 2022 production, sales
SAO PAULO – Brazil’s automakers association Anfavea on Friday lowered its 2022 estimates for the country’s auto industry production, with monthly output falling in June …
Economists see stronger 2022 GDP for Brazil, inflation missing target for third straight year in 2023
BRASILIA – Economists polled by the Brazilian central bank expect the economy to perform better this year but see inflation staying above the official target …
Canada fertilizer sales to Brazil soar as farmers gear up for next crop season
By Ana Mano SAO PAULO – Brazil imported record volumes of potassium chloride (Kcl) from Canada in the first half of the year, a sign …
Brazil real to firm, but pre-election fiscal loosening seen as risk – Reuters poll
By Gabriel Burin BUENOS AIRES – Brazil’s real is expected to firm over the next 12 months but will come under growing pressure from planned …
Brazil posts trade surplus of $8.8 billion in June
BRASILIA – Brazil’s trade surplus reached $8.814 in June, official figures showed on Friday, below market expectations. Economists polled by Reuters had projected a $9.994 …
Brazil Volkswagen workers approve agreement for $193 million investment
SAO PAULO – Volkswagen Group workers at its Taubate plant, in the Brazilian state of Sao Paulo, approved on Wednesday an agreement allowing an investment …
Audi invests $19.2 million to restart production in Brazil
SAO PAULO – Audi, a Volkswagen Group brand, announced on Wednesday an investment of 100 million reais ($19.22 million) to restart production at its plant …
Volkswagen to cut working hours, wages in Brazil as parts shortage deepens
SAO PAULO – Volkswagen AG is set to cut working hours and wages at its Sao Bernardo do Campo factory in Brazil as it grapples …
Cargill’s Brazil unit stores corn outside silo as harvesting gathers pace
By Ana Mano SAO PAULO – At least one unit of U.S. grain trader Cargill in Brazil’s Mato Grosso state is storing corn in open …
Brazil police arrest third suspect in murder of British journalist and indigenous expert
BRASILIA -Brazilian federal police on Saturday said they had arrested a third suspect in the murder of British journalist Dom Phillips and indigenous expert Bruno …
Brazil indigenous defender, sidelined under Bolsonaro, gave life for ‘abandoned’ tribes
By Jake Spring and Anthony Boadle ATALAIA DO NORTE, Brazil – Six tribes from Brazil’s remote Javari Valley packed into an assembly hall on June …
Natura’s CEO steps down in shakeup at Brazil cosmetic maker
By Gabriel Araujo SAO PAULO – Brazil’s Natura & Co Holding SA said on Wednesday that Chief Executive and Executive Chairman Roberto Marques was stepping …
Shares in Brazil airlines rise as Bolsonaro vetoes free checked bags
BRASILIA/SAO PAULO – Brazilian President Jair Bolsonaro has vetoed a Congress-passed measure that would block airlines from charging for checked baggage on their flights, his …
Brazil central government posts better than expected 28.6 billion reais surplus in April
BRASILIA – Brazil’s central government reported a better than expected primary budget surplus of 28.6 billion reais ($5.57 billion) in April, official figures showed on …
Brazil raises about $6 billion in Eletrobras shares in world’s No.2 offering of the year
By Rodrigo Viga Gaier and Gabriel Araujo RIO DE JANEIRO/SAO PAULO -Brazil’s government on Thursday night moved forward with its bid to privatize Eletrobras, Latin …
U.S. will discuss climate, elections with Brazil during the Summit for Americas
ABOARD AIR FORCE ONE – Climate will be an “important topic of discussion” between the United States and Brazil during the Summit of the Americas …
Brazil bank Itau sells stake in broker XP for $154 million -report
(Reuters) – Brazilian lender Itau Unibanco Holding SA on Tuesday sold some of its roughly 11% stake in New York-listed broker XP Inc for about …
Canada’s Brookfield unit among sanitation companies seeking Brazil IPOs
By Tatiana Bautzer SAO PAULO – Two sanitation companies are expected to break Brazil’s IPO drought in the coming months. The sector has been buoyed …
Embraer still working with 22 KC-390 orders from Brazil Air Force
By Gabriel Araujo GAVIAO PEIXOTO, Brazil -Brazil’s Embraer SA is still working with a figure of 22 orders from the Brazilian Air Force for the …
VW says taking Brazil human rights probe seriously
BERLIN – German carmaker Volkswagen said on Sunday it was taking seriously an investigation by Brazil’s public prosecutors into alleged human rights violations in the …
Members of Drug Trafficking Organization Sentenced to Decades in Prison for Selling Methamphetamine and Marijuana in Muncie, Anderson, Gosport, and Brazil
INDIANAPOLIS – Seven individuals have now been sentenced for conspiracy to distribute controlled substances, including methamphetamine and marijuana. The defendants had previously been indicted on …
Brazil stock market optimism tempered as fears grow over October vote
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY – Brazilian stocks will rise less than previously expected this year as fears over October’s presidential …
Brazil set to make another 10% cut in import tax rates
BRASILIA -Brazil’s government announced on Monday a new 10% reduction in the tax rate for import goods on a large part of products purchased abroad, …
Brazil should speed up Eletrobras privatization before Fed hikes rates, official says
By Marcela Ayres and Bernardo Caram BRASILIA – Monetary tightening in the United States makes it all the more pressing to speed up the privatization …
Dreyfus sees larger Brazil shift to ethanol, warns of sugar shortage
By Marcelo Teixeira NEW YORK -Global commodities trader Louis Dreyfus projected on Wednesday that Brazilian mills will divert a larger-than-expected amount of sugarcane to ethanol …
Lula’s lead narrows in Brazil election race -MDA poll
BRASILIA -Former Brazilian President Luiz Inacio Lula da Silva retains a 14-percentage-point lead against far-right incumbent Jair Bolsonaro if an October election goes to a …
Exclusive-South Korea’s CJ CheilJedang puts Brazil soy crusher CJ Selecta up for sale, sources say
By Ana Mano SAO PAULO – The South Korean owner of Brazilian soy processor CJ Selecta has put the company up for sale, drawing interest …
Brazil auto production up 0.4% in April, sales rise 0.3% -Anfavea
SAO PAULO – Brazilian auto industry production rose 0.4% in April from the previous month, totaling 185,449 units, automakers association Anfavea said on Tuesday. Production …
Brazil watchdog proposes approval of Pague Menos buy of Extrafarma
SAO PAULO – The technical body of Brazilian antitrust watchdog Cade has recommended the approval of the acquisition of pharmacy chain Extrafarma by rival Pague …
Brazil commodities sales to Arab nations soar as importers stock up on food
By Ana Mano SAO PAULO – Brazilian exports to the 22 countries in the League of Arab Nations rose in the first quarter amid a …
Any Bolsonaro attempt to undermine Brazil election should be met with sanctions -ex U.S. diplomat
RIO DE JANEIRO – Washington should make it clear to the “messianic” Brazilian President Jair Bolsonaro that any effort to undermine his country’s elections would …
Brazil to make bolder tax cuts on industrial products
By Marcela Ayres BRASILIA – Brazilian President Jair Bolsonaro signed a decree to cut taxes on industrial products (IPI) by 35% effective on May 1, …
Brazil to raise tax on net income of banks, financial firms
SAO PAULO – Brazil’s government will increase taxes on banks and financial institutions on Thursday, the official gazette showed, in a bid to fund a …
Brazil, Mexico WhatsApp users report problems with service – Downdetector
(Reuters) – Meta Platforms Inc’s widely used WhatsApp messaging service was presenting problems for Brazilian and Mexican users, website Downdetector reported on Thursday. (Reporting by …
Brazil central govt posts smaller-than-forecast deficit in March
BRASILIA – Brazil’s central government reported better than expected fiscal numbers in March, once again supported by higher tax revenue, and suggested a brighter fiscal …
Heineken set to invest $360 million in new brewery in Brazil
SAO PAULO – Heineken NV’s Brazilian arm is set to invest 1.8 billion reais ($360.73 million) in a new production facility in Minas Gerais state …
Mexico’s Coca-Cola FEMSA seals Campari distribution deal in Brazil
MEXICO CITY – Coca-Cola FEMSA has reached an agreement to distribute Campari Group products in Brazil, the Mexican bottling company said on Tuesday. Italy’s Campari, …
Ships carrying Russian fertilizers find way to Brazil despite sanctions
By Ana Mano SAO PAULO – Despite concern that sanctions against Russia would cause a shortfall of fertilizer in Brazil, preliminary shipping data shows orders …
Brazilian government still undecided on public salaries, official says
By Marcela Ayres BRASILIA -Brazil’s government has not yet reached a decision over a salary increase for public servants this year, an official said on …